Experienced Equity Options Trader

Belvederetrading; Chicago (IL); On-site; USD 250,000 - 450,000; Full time

Job summary

Belvedere Trading in Chicago seeks an Experienced Equity Options Trader to own strategy, risk, and performance across equity options. You will join a fast‑paced, collaborative desk and shape the future of our trading strategies by leveraging quantitative insights.

The role requires deep options knowledge, a track record of profitability, and a team‑oriented mindset. You will work with traders, quants, and technologists to systematize models and maximize liquidity.

Qualifications

• 3–7+ years of experience trading single-stock options, index options, or ETF options in a market-making setting.
• A strong track record of generating PnL, managing risk, and executing strategies in fast-moving markets.
• Deep understanding of options pricing, volatility dynamics, and market microstructure.
• Proficiency in Python, R, SQL, or similar tools; ability to work with large datasets and modeling frameworks.
• Ability to thoughtfully approach decision-making, work under pressure, and adapt quickly to changing market conditions.
• Excellent communication skills and a team-oriented mindset.
• Bachelor’s degree or higher in Finance, Economics, Physics, Mathematics, Engineering, Computer Science, or a related field.

Responsibilities

• Become a leader in the options market-making arena and be recognized for your contributions within the firm.
• Participate in formal education on quantitative concepts to build your trading knowledge.
• Execute trades in a fast-paced environment with precision and a focus on maximizing profitability.
• Excel in market-making on a highly collaborative team, providing liquidity across multiple markets while ensuring efficient pricing and risk management.
• Execute strategy development and collaborate with the team to design and implement trading strategies in highly liquid names.
• Provide analytics and insights to analyze market data to identify trends, mispricing, and emerging opportunities within equity markets.
• Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
• Collaborate with technologists, quants, and traders to systematize models and trading strategies.
• Ensure risk management by monitoring and managing positions within risk limits.

Skills

Python

R

SQL

Education

Bachelor’s degree or higher in Finance, Economics, Physics, Mathematics, Engineering, Computer Science, or related field

Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age but also the future landscape of the trading industry.

Our traders provide liquidity to the market through market‑making activities and are the masters of a diverse set of commodities, interest rates, exchange‑traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.

As an Experienced Equity Options Trader you will join our Equity Index or Individual Equity Options trading groups. In this role you’ll take ownership of strategy, risk, and performance across equity options while helping to shape the future of our trading desk. You’ll bring strong market intuition, a quantitative mindset, and a team‑first approach to a fast‑paced environment where we solve complex problems together.

Responsibilities

• Become a leader in the options market‑making arena and be recognized for your contributions within the firm.
• Participate in formal education on quantitative concepts to build your trading knowledge.
• Execute trades in a fast‑paced environment with precision and a focus on maximizing profitability.
• Excel in market‑making on a highly collaborative team, actively providing liquidity across multiple markets while ensuring efficient pricing and risk management.
• Execute strategy development and collaborate with the team to design and implement trading strategies in highly liquid names.
• Provide analytics and insights to analyze market data to identify trends, mispricing, and emerging opportunities within equity markets.
• Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
• Collaborate with technologists, quants, and traders to systematize models and trading strategies.
• Ensure risk management by monitoring and managing positions within risk limits.

Qualifications

• 3–7+ years of experience trading single‑stock options, index options, or ETF options, ideally in a market‑making setting.
• A strong track record of generating PnL, managing risk, and executing strategies in fast‑moving markets.
• Deep understanding of options pricing, volatility dynamics, and market microstructure.
• Proficiency in Python, R, SQL, or similar tools, with the ability to work with large datasets and build analytical or modeling frameworks.
• Ability to thoughtfully approach decision‑making, thrive under pressure, and adapt quickly to changing market conditions.
• Excellent communication skills and a team‑oriented mindset.
• Bachelor’s degree or higher in Finance, Economics, Physics, Mathematics, Engineering, Computer Science, or a related field.

Equal Opportunity Statement

Belvedere is an Equal Opportunity Employer and is committed to providing a non‑discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees.