Senior SPX Index Options Trader – Own P&L, Build Alpha

Edgehog Trading; Chicago (IL); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Comprehensive health, dental, and visi

401(k) with 4% company match

Unlimited paid time off

Free lunch, coffee, drinks, and snacks

Commuter benefits

Monthly happy hours and annual team

Job summary

Edgehog Trading, a Chicago-based proprietary trading firm, seeks a quantitative trader to proactively manage SPX index options pricing and positions. The role focuses on designing and optimizing systematic options trading strategies using quantitative research and machine learning, building production-ready models, and collaborating with researchers and engineers.

You will analyze market microstructure, generate alpha signals, and manage real-time risk across a diversified options portfolio,

Qualifications

• 3+ years of index options market making trading experience.
• Strong quantitative and analytical capabilities.
• Degree in CS, data science, engineering, math, economics, finance, physics, or related field.

Responsibilities

• Proactively manage pricing and positions for the SPX Index options market making desk
• Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
• Build and refine algorithmic options trading models from ideation through production deployment
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
• Collaborate with quant researchers and engineers to develop new models using our proprietary datasets
• Manage real-time risk across a diversified portfolio of options positions

Skills

3+ years trading experience

Quantitative skills

Attention to detail

Operational excellence

Education

Bachelor's degree in CS/Data Science/Engineering/Math/Economics/Finance/Physics or related field

Tools

Python programming

Job description

Edgehog Trading, a Chicago-based proprietary trading firm, seeks a quantitative trader to proactively manage SPX index options pricing and positions. The role focuses on designing and optimizing systematic options trading strategies using quantitative research and machine learning, building production-ready models, and collaborating with researchers and engineers.

You will analyze market microstructure, generate alpha signals, and manage real-time risk across a diversified options portfolio,