Senior Commodities Options Trader: Market-Making & Strategy

Trading Interview; Chicago, Northern (IL, KY); Hybrid; USD 150,000 - 270,000; Full time

Job summary

Belvedere Trading in Chicago seeks an Experienced Commodities Options Trader to expand and lead our presence in commodity derivatives markets. You will own strategy development, pricing, and risk across commodity options products.

Expect a fast-paced, collaborative environment with strong emphasis on quantitative rigor. You will collaborate with traders, quants, and technologists to refine models, develop tools, and manage risk.

Qualifications

• 3–7+ years of experience trading commodity options (energy, metals, agriculture, or related markets).
• Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets.
• Deep understanding of options pricing, volatility dynamics, and commodity market structure.

Responsibilities

• Lead market-making and execution across commodity options products, guiding pricing, risk parameters, and strategic direction.
• Own and refine trading strategies from ideation through execution, generating insights in high-volume and high-volatility markets.
• Collaborate with technologists and quants to enhance analytics, improve models, and systematize trading workflows that scale.
• Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
• Manage risk with discipline, monitoring exposures in real time and ensuring adherence to risk philosophy.

Skills

Commodity options trading

PnL generation

Risk management

Analytical thinking

Team collaboration

Education

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

Tools

Python

R

SQL

Job description

Belvedere Trading in Chicago seeks an Experienced Commodities Options Trader to expand and lead our presence in commodity derivatives markets. You will own strategy development, pricing, and risk across commodity options products.

Expect a fast-paced, collaborative environment with strong emphasis on quantitative rigor. You will collaborate with traders, quants, and technologists to refine models, develop tools, and manage risk.