Senior US Equity Index Options Trader

DRW Holdings, LLC.; Chicago (IL); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with match

Disability insurance

Life & AD&D

Health Savings Account

Flexible spending accounts

Job summary

DRW is a diversified trading firm seeking a US Equity Index Trader to join the US Options Trading team in Chicago. You will actively trade US index and equity options, manage positions and risk, and analyze market flows to identify opportunities.

The role emphasizes disciplined risk management, understanding of options theory, and the ability to work both systematically and discretionary when needed. A strong trading track record and teamwork are essential.

Qualifications

• Experience as an index options trader in US markets or similar equity derivatives.
• Strong track record of trading performance and disciplined risk management.
• Deep understanding of options theory, volatility, and microstructure.

Responsibilities

• Actively trade US index and equity options, managing positions and risk.
• Analyze market flows, volatility, and microstructure to identify and capture trading opportunities.
• Refine pricing, execution, and risk management approaches to improve trading performance.
• Conduct post-trade analysis to evaluate decisions, optimize strategies, and drive systematic improvements.
• Contribute to the development of tools, monitoring, and processes that enhance trading stability and scalability.
• Partner with risk management, researchers and developers during live trading and high-pressure situations.

Skills

Index options trading

Risk management

Market analysis

Collaboration

Tools

Trading systems

Job description

DRW is a diversified trading firm seeking a US Equity Index Trader to join the US Options Trading team in Chicago. You will actively trade US index and equity options, manage positions and risk, and analyze market flows to identify opportunities.

The role emphasizes disciplined risk management, understanding of options theory, and the ability to work both systematically and discretionary when needed. A strong trading track record and teamwork are essential.