Experienced Equity 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 join our Equity Index or Individual Equity Options Trading Groups, taking ownership of strategy, risk, and performance across equity options while helping shape the future of the trading desk. You'll bring strong market intuition, a quantitative mindset, and a team-first approach to a fast-paced environment where you'll solve complex problems together with your teammates.
Requirements
- 3–7+ years of experience trading single-stock options, index options, or ETF options, ideally in a market-making setting
- A strong track record of generating PnL, managing risk, and executing strategies in fast-moving markets
- Deep understanding of options pricing, volatility dynamics, and market microstructure
- Proficiency in Python, R, SQL, or similar tools, with the ability to work with large datasets and build analytical or modeling frameworks
- Ability to thoughtfully approach decision-making, thrive under pressure and adapt quickly to changing market conditions
- Excellent communication skills and a team-oriented mindset
- Bachelor's degree or higher in Finance, Economics, Physics, Mathematics, Engineering, Computer Science, or a related field
Responsibilities
- Become a leader in options market-making while being recognized and compensated for your contributions
- Participate in formal education on quantitative concepts to build trading knowledge
- Execute trades in a fast-paced environment with precision and a focus on maximizing profitability
- Excel in market-making on a highly collaborative team and actively provide liquidity across multiple markets while ensuring efficient pricing and risk management
- Execute strategy development and collaborate with the team to design and implement trading strategies in highly liquid names
- Provide analytics and insights to analyze market data to identify trends, mispricing, and emerging opportunities within equity markets
- Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity
- Collaborate with technologists, quants, and traders to systematize models and trading strategies
- Monitor and manage positions within risk limits to ensure risk management
