×
Register Here to Apply for Jobs or Post Jobs. X

Senior Index Options Trader

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Edgehog Trading
Full Time position
Listed on 2026-08-06
Job specializations:
  • Software Development
    Data Scientist, Machine Learning/ ML Engineer
Salary/Wage Range or Industry Benchmark: 150000 USD Yearly USD 150000.00 YEAR
Job Description & How to Apply Below

What you’ll do:

  • 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
Qualifications and skills:
  • Previous experience trading (3+ years) with a proven track record of success managing an index options market making book
  • BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
  • Exceptional attention to detail
  • Excellent quantitative and analytical skills
  • Ability to take on many responsibilities quickly with a high degree of operational excellence
  • Python programming skills are a plus, but not required
Why Edgehog:
  • Small team advantage:
    Direct access to founders and senior team members from day one
  • Ownership early:
    Manage real P&L and make meaningful impact within your first year
  • Cutting-edge tech:
    Work with our proprietary models and low-latency trading systems built in-house
  • Tight feedback loops:
    Weekly 1-on-1s with your mentor, quarterly reviews with leadership
  • Chicago-based:
    Affordable cost of living, vibrant trading community
Benefits:
  • Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
  • 401(k) with a 4% company match
  • Unlimited paid time off and sick leave
  • Free lunch, coffee, drinks, and snacks
  • Commuter benefits
  • Monthly happy hours and annual team events

The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.

The base salary for this role is 150, USD per year

#J-18808-Ljbffr
Position Requirements
10+ Years work experience
To View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
 
 
 
Search for further Jobs Here:
(Try combinations for better Results! Or enter less keywords for broader Results)
Location
Increase/decrease your Search Radius (miles)
0
200
Filters
Education Level
Experience Level (years)
Posted in last:
Salary