Senior Index Options Trader

About the role

Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets. Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets. We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.

Responsibilities

• 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

Requirements

• Previous experience trading (3+ years) with a proven track record of success managing an index options market making book
• Bachelor's/Master's/Doctoral 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

Skills

• Python programming skills are a plus, but not required

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

Pay

The base salary range for this position is 150,000 - 175,000 USD per year.