US Equity Index Options Trader — High-Impact & Data-Driven

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

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k with employer match

Disability insurance

Life and AD&D insurance

Health Savings Account

Flexible Spending Account

Job summary

DRW, a Chicago-based diversified trading firm, seeks a US Equity Index Trader for its US Options Trading team. You will trade US index and equity options, manage risk, and refine strategies in a fast-paced environment.

Ideal candidates have proven index options experience, a strong analytics mindset, and calm under pressure. DRW offers a competitive base salary and a comprehensive benefits package in a data-driven, collaborative setting.

Qualifications

• Proven experience as an Index Options Trader with exposure to US markets or similar equity derivatives.
• Strong track record of trading performance and disciplined risk management.
• Deep understanding of options theory, volatility, and market microstructure.
• Comfortable trading both systematic and discretionary when required.

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 closely with risk management, researchers and developers during live trading and high-pressure situations

Skills

Index Options Trader experience

Strong analytics

Calm under pressure

Strong communicator

Team-based collaboration

Job description

DRW, a Chicago-based diversified trading firm, seeks a US Equity Index Trader for its US Options Trading team. You will trade US index and equity options, manage risk, and refine strategies in a fast-paced environment.

Ideal candidates have proven index options experience, a strong analytics mindset, and calm under pressure. DRW offers a competitive base salary and a comprehensive benefits package in a data-driven, collaborative setting.