Proprietary Trader – Equities & Options

Trader-Hire; Sioux Falls (SD); Hybrid; USD 70,000 - 180,000; Part time

Job summary

Trader Hire is seeking experienced proprietary traders to operate under independent contractor terms (1099). You will trade equities and options using firm-allocated capital, develop and test personal strategies, with structured risk management and coaching in a fully remote environment.

Location: Sioux Falls, SD, but this is a fully remote role. Initial capital up to $50,000 with a clear path to $500,000+.

Qualifications

• 2+ years of real-money trading experience in derivatives or currency markets.
• Ability to articulate your trading edge and the data that supports it.
• Disciplined risk management process with documented sizing and stop rules.
• Strong work ethic and genuine interest in trading as a long-term profession.
• Reliable hardware, software, and internet appropriate for active trading.
• Prior experience on professional or institutional platforms is welcomed.

Responsibilities

• Identify and execute high-probability options setups across U.S. listed equity markets.
• Use options Greeks (delta, gamma, theta, vega) to construct positions with deliberate exposures.
• Apply portfolio-level risk controls to manage concentration, correlation, and drawdown.
• Review fills, P&L, and execution quality daily to refine your trading process.
• Keep an organized trade journal capturing both quantitative and qualitative observations.
• Participate in regular peer reviews and trader development sessions as desired.

Skills

Trading experience

Risk management

Discipline

Hardware & connectivity

Professional platforms

Tools

Trading platforms

Job description

About the Firm

Our firm has spent over two decades refining a model that gives talented traders direct access to firm capital and the tools they need to grow. We operate as a fully distributed team across multiple regions, and we pride ourselves on supporting traders at every stage of their careers, from emerging talent to seasoned professionals.

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: Sioux Falls, SD

Employment Type: Independent Contractor (1099)

Experience Level: 2+ years trading or managing investments

Key Responsibilities

• Identify and execute high-probability options setups across U.S. listed equity markets
• Use options Greeks (delta, gamma, theta, vega) to construct positions with deliberate exposures
• Apply portfolio-level risk controls to manage concentration, correlation, and drawdown
• Review fills, P&L, and execution quality daily to refine your trading process
• Keep an organized trade journal capturing both quantitative and qualitative observations
• Participate in regular peer reviews and trader development sessions as desired

Required Qualifications

• 2+ years of real-money trading experience in derivatives or currency markets
• Ability to articulate your trading edge and the data that supports it
• Disciplined risk management process with documented sizing and stop rules
• Strong work ethic and genuine interest in trading as a long-term profession
• Reliable hardware, software, and internet appropriate for active trading
• Prior experience on professional or institutional platforms is welcomed

Position Details

• Independent contractor (1099) position with performance-driven compensation
• Earn 65-90% of profits generated - splits increase as you advance within the firm
• Initial capital allocation of up to $50,000, with a clear path to $500,000+
• Complete location flexibility - this is a fully remote position
• Consistent traders receive capital increases on a regular schedule
• Further details about the role and incentives shared during the interview process

Our Work Culture

Performance is the only metric that matters here. We do not care about pedigree, location, or hours logged. We care about whether you can produce consistent, risk-adjusted returns over time. Our culture is built to support exactly that kind of trader.

Location & Remote Work

This position is listed for candidates in the Sioux Falls, SD 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 Sioux Falls. All you need is a reliable computer and internet connection to get started.