Discover your dream Career
For Recruiters

US Equity Index Options Trader

DRW Chicago, United States
Posted 2 days ago Permanent Competitive

US Equity Index Options Trader

DRW Chicago, United States
US Equity Index Options Trader
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus

We are seeking a US Equity Index Trader to join our US Options Trading team.

How you will make an impact
  • 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

You will be right at home if you have
  • 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
  • Calm under pressure, with the ability to quickly diagnose and act on trading problems
  • Strong analytics, detail-oriented, and proactive in identifying improvements
  • Strong communicator who thrives in a collaborative, team-based environment
  • Passionate about markets, with a continuous drive to learn and improve

The annual base salary range for this position is $250,000 to $300,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

[#LI-AC]
Job ID  8079147
More jobs From DRW
DRW
Head of Trading Operations, Algorithmic Trading Group
DRW
Chicago, United States
7 days ago Full time Competitive
DRW
Client Platforms Security Engineer
DRW
Chicago, United States
1 day ago Full time Competitive
DRW
DevOps Engineer
DRW
Chicago, United States
1 day ago Full time Competitive
DRW
Equity Index Voice Trader
DRW
Chicago, United States
1 day ago Full time Competitive
DRW
FPGA Developer
DRW
Chicago, United States
1 day ago Full time Competitive
DRW
University Talent Acquisition Specialist
DRW
Chicago, United States
2 days ago Full time Competitive
DRW
Data Engineer, Cumberland/FICCO
DRW
Chicago, United States
2 days ago Full time Competitive
DRW
Senior Software Engineer - Analytics Front Office
DRW
Chicago, United States
2 days ago Full time Competitive
DRW
Senior Business Analyst, Equity Index Options
DRW
Chicago, United States
5 days ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
Anson McCade
Junior Trader / Software Engineer
Anson McCade
New York, United States
Selby Jennings
Quant Researcher/Trader
Selby Jennings
Manhattan, United States
DTG Capital Markets
Proprietory Trader (Quant/Systematic Equities)
DTG Capital Markets
New York, United States
BAH Partners
Quantitative Researcher
BAH Partners
Hong Kong