Experienced Commodities Options Trader
Belvedere Trading is a proprietary trading firm and market maker founded in Chicago. It develops proprietary trading models, software, and risk-management systems, and operates across Chicago, Boulder, New York, and Singapore.
About Belvedere Trading, LLC.
Belvedere Trading is a proprietary trading firm and market maker specializing in financial markets, including options, indices, commodities, equities, and equity strategies. The company uses proprietary trading models, software platforms, quantitative research, and risk-management capabilities to identify market inefficiencies and execute trading strategies. It also provides capital, infrastructure, operational support, and strategic guidance to backed trading groups and partners, and may acquire established trading teams or their intellectual property. The company recruits and trains quantitative traders, researchers, software engineers, and operations professionals through its Belvedere Trading University program.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will help expand and lead Belvedere's presence in commodity derivatives markets, taking ownership of strategy development, pricing, and risk across commodity options products in a fast-paced, collaborative environment.
Requirements
- 3–7+ years of experience trading commodity options.
- Demonstrated success generating PnL and managing complex risk profiles.
- Deep understanding of options pricing, volatility dynamics, and commodity market structure.
- Proficiency with Python, R, or SQL and large datasets.
- Ability to make thoughtful decisions, thrive under pressure, and adapt quickly.
- Excellent communication skills and a team-oriented mindset.
- Bachelor's degree or higher in a relevant technical or quantitative field.
Responsibilities
- Lead market-making and execution across commodity options products.
- Own and refine trading strategies from ideation through execution.
- Identify trends and mispricings across commodities markets.
- Collaborate with technologists and quants to improve analytics, models, and trading workflows.
- Develop tools to analyze opportunities, evaluate risk, and improve options liquidity.
- Manage risk by monitoring exposures and adhering to the firm's risk philosophy.
- Work cross-functionally with research, technology, and trading teams to advance commodities options trading.