Options Trader – Expression of Interest

Trading Interview; Chicago, Northern (IL, KY); Hybrid; USD 110,000 - 190,000; Full time

Job summary

Eclipse Trading in Chicago seeks an experienced Options Trader to lead and optimize our US equity volatility trading strategies. You will work with quantitative researchers and technologists to evolve trading systems and identify profitable opportunities.

The role requires 2+ years of US index and equity options experience, strong analytical skills, and proficiency in Python. A finance-related bachelor's degree and a track record of profitability are essential for success in this fast-paced

Qualifications

• Bachelor's degree in finance, economics, mathematics, or a related field.
• 2+ years of US index and equity options experience.
• Proven track record of profitability and consistent trading performance.
• Deep understanding of the US equity option markets and the trading opportunities.
• Strong knowledge of options pricing models and volatility analysis.
• Excellent analytical and problem-solving skills, with the ability to make informed trading decisions.
• Ability to thrive and make decisions in a fast-paced trading environment and handle pressure effectively.
• Strong communication and collaboration skills.
• Good command of spoken and written English.
• Strong proficiency in coding with Python.

Responsibilities

• Manage and execute multiple options trading strategies, systematic market making and positional strategies.
• Responsible for the risk management of the portfolio.
• Identify trading opportunities and develop trading metrics based on proprietary research and data analysis.
• Collaborate with other traders and quantitative researchers to optimise existing strategies and explore new alphas.
• Work closely with the quants, developers, and support staff to continuously improve our trading infrastructure system.

Skills

Options trading experience

Python programming

Analytical & problem-solving

Communication & collaboration

English proficiency

Education

Bachelor's degree in finance, economics, mathematics, or related field

Job description

Eclipse Trading is a leading proprietary trading firm . Founded in 2007, we have over 110 employees across 4 office locations - Hong Kong (our HQ), Sydney, Shanghai and Chicago. Our trading expertise and strategies are deployed across several markets globally, focusing on various products including equity derivatives, delta one, ETFs, commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading strategies, creating an environment powered by intellectual curiosity, problem solving, and innovation.

We are actively seeking an Options Trader to join our growing US equity volatility trading team in Chicago. You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and technologist to drive our trading system forward and unlock trading opportunities.

Responsibilities and Duties

• Manage and execute multiple options trading strategies, systematic market making and positional strategies
• Responsible for the risk management of the portfolio
• Identify trading opportunities and develop trading metrics based on proprietary research and data analysis
• Collaborate with other traders and quantitative researchers to optimise existing strategies and explore new alphas
• Work closely with the quants, developers, and support staff to continuously improve our trading infrastructure system

What you offer

• Bachelor's degree in finance, economics, mathematics, or a related field
• 2+ years of US index and equity options experience
• Proven track record of profitability and consistent trading performance
• Deep understanding of the US equity option markets and the trading opportunities
• Strong knowledge ofoptions pricing models and volatility analysis
• Excellent analytical and problem-solving skills, with the ability to make informed trading decisions
• Ability to thrive and make decisions in a fast-paced trading environment and handle pressure effectively
• Strong communication and collaboration skills
• Good command of spoken and written English
• Strong proficiency in coding with Python

What we offer

• Dynamic and collaborative work environment
• Opportunity to contribute directly to the bottom line
• Mentorship and training opportunities
• A flat management structure, where everyone's voice is valued
• Work life balance within a multi-cultural environment
• Attractive benefits package with discretionary bonus

Eclipse Trading is an equal opportunity employer and we believe that diversity and inclusion are essential pillars of our success as a company. We are dedicated to embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.

All information provided will be treated in strict confidence and used solely for recruitment purposes.

Due to the high number of responses that we receive, we are only able to respond to successful applicants.

Eclipse Trading is "a leading proprietary trading firm which combines technology and quantitative analysis to provide liquidity in the various markets we trade". Founded in Hong Kong in 2007, it…