Proprietary Trader – Equities & Options

Trader-Hire; Providence (RI); Hybrid; USD 60,000 - 120,000; Full time

Benefits offered by this job

Profit-sharing

Fully remote

Flexible hours

Coaching support

Capital up to $500k+

Job summary

Trader Hire is hiring proprietary traders to trade equities and options using firm-allocated capital, with fully remote work and professional coaching support.

Location: Providence, RI. Employment Type: Independent Contractor (1099). Starting capital up to $50,000, scalable to $500,000+, with profit-sharing from 65% to 90% and flexible hours.

Qualifications

• 2+ years trading or managing investments
• Familiarity with market mechanics and order types
• Ability to manage risk and protect capital
• Coachable, self-directed, and eager to learn
• Reliable trading workstation with internet redundancy

Responsibilities

• Develop and execute options strategies including directional, spread, and volatility plays
• Analyze implied volatility, Greeks, and pricing models to identify opportunities
• Manage multi-leg options positions with risk protocols
• Monitor and adjust open positions based on market conditions
• Maintain logs of all trades and strategy rationale
• Optionally collaborate with a network of remote traders for insights

Skills

Options trading

Risk management

Self-directed

Discipline

Tools

Trading platforms

Stable internet

Dedicated workstation

Job description

About the Firm

We are a well-established proprietary trading firm with over two decades of experience empowering traders to succeed. Our global team is driven by performance, discipline, and a passion for financial markets. As an independent contractor, you will enjoy the freedom to work remotely while building and managing your own trading strategies.

Position Overview

We are hiring proprietary traders to trade equities and options using firm-allocated capital. You will develop, test, and refine your personal trading strategies across stocks and options markets with structured risk management and professional coaching support in a fully remote environment.

Location: Providence, RI

Employment Type: Independent Contractor (1099)

Experience Level: 2+ years trading or managing investments

Key Responsibilities

• Develop and execute options strategies including directional, spread, and volatility plays
• Analyze implied volatility, Greeks, and options pricing models to identify opportunities
• Manage multi-leg options positions with disciplined risk protocols
• Monitor and adjust open positions based on market conditions and Greeks changes
• Maintain detailed logs of all options trades and strategy rationale
• Optionally collaborate with a network of remote traders for insights and growth

Required Qualifications

• Two or more years of demonstrated trading experience in options, equities, forex, or crypto
• Working knowledge of market mechanics, order types, and execution dynamics
• Demonstrated ability to control risk and protect capital across changing conditions
• Coachable, self-directed, and committed to ongoing skill development
• Reliable trading workstation with redundant internet preferred
• Familiarity with retail or professional trading platforms is helpful but not required

Position Details

• Independent contractor role (1099) with performance-based incentives
• Profit-sharing structure with splits increasing from 65% up to 90%
• Starting capital allocation of up to $50,000, scalable to $500,000+
• Fully remote work with flexible hours tailored to your schedule
• Capital increases available as frequently as every two months based on results
• Additional opportunities for advancement discussed during interviews

Our Work Culture

Our firm has always been remote-first, long before it became common. That means our infrastructure, communication, and coaching are all designed for distributed work — not bolted on. You get the benefits of a real trading firm without sacrificing your independence.

Location & Remote Work

This position is listed for candidates in the Providence, RI area. While this is a fully remote role and you will work from your own location, we welcome applicants who are based in or near Providence. All you need is a reliable computer and internet connection to get started.