Options Trader

Job Title

Options Trader

Role Overview

We are seeking an experienced Options Trader to take full ownership of the firm's options trading book. This role carries end-to-end responsibility for strategy design, trade execution, risk management, and P&L performance. The successful candidate will operate with a high degree of autonomy and will be expected to manage the options portfolio independently across changing market regimes.

Key Responsibilities

• Assume full ownership of the firm's options trading book, including strategy design, trade execution, risk management, and P&L accountability

• Independently manage all risk dimensions across the options portfolio

• Design, implement, and actively manage volatility, relative-value, and directional options strategies across market regimes

• Continuously monitor implied volatility surfaces, term structure, skew dynamics, and event risk to identify trading opportunities

• Execute trades efficiently across listed options markets, optimizing entry, exit, and hedging to minimize slippage and transaction costs

• Establish and enforce risk limits, position sizing frameworks, and drawdown controls for the options book

• Perform ongoing P&L attribution and risk decomposition to understand drivers of performance and adjust positioning accordingly

• Develop and maintain tools, models, and workflows to support pricing, risk monitoring, and execution

• Take primary responsibility for stress testing, scenario analysis, and tail-risk management

• Communicate performance, risk exposures, and positioning clearly to senior management and stakeholders

Required Qualifications

• Strong understanding of options theory, pricing models, and volatility dynamics

• Proven experience trading options or volatility products in a professional setting

• Demonstrated ability to manage risk independently and operate with full P&L responsibility

• Strong analytical and quantitative skills

• Ability to perform under pressure in fast-moving markets

• Proficiency with trading systems, spreadsheets, and data analysis tools

Preferred Qualifications

• Experience running a standalone options or volatility book

• Programming skills in Python or similar languages for research, automation, and analytics

• Experience trading complex options structures and managing event-driven risk

• Background in quantitative finance, mathematics, engineering, or a related field

What We Offer

• A true seat-owner role with autonomy and accountability

• Opportunity to deploy capital and scale a dedicated options book

• Performance-linked compensation

• Lean, decision-driven environment with minimal bureaucracy