US Equity Index Options Trader

About the role

DRW is seeking an experienced trader to join its US Options Trading team. The role focuses on actively trading US equity and index options, leveraging sophisticated technology and a collaborative environment to capture market opportunities.

Key responsibilities

• Trade US equity and index options, managing positions and associated risk.
• Analyze market flows, volatility, and microstructure to identify trading opportunities.
• Refine pricing, execution, and risk‑management approaches to improve performance.
• Conduct post‑trade analysis to evaluate decisions and drive systematic improvements.
• Develop tools, monitoring systems, and processes that enhance trading stability and scalability.
• Collaborate closely with risk management, researchers, and developers during live trading and high‑pressure situations.

Required profile

• 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.
• Comfortable trading both systematic and discretionary strategies.
• Calm under pressure with the ability to quickly diagnose and act on trading problems.
• Effective communicator who thrives in a collaborative, team‑based environment.

Required skills

• Deep understanding of options theory, volatility, and market microstructure.

What we offer

• Base salary ranging from $250,000 to $300,000 per year, plus an annual discretionary bonus.
• Comprehensive benefits package including medical, dental, vision, 401(k) with discretionary match, disability, life insurance, HSA and FSA options.
• Access to cutting‑edge technology and a culture that values autonomy, curiosity, and continuous learning.