Back to all jobs
E

Commodity Options Trader

Edgehog Trading

Chicago · IL · us Full-time 7h ago

Job description

What you'll do: Manage real-time risk and pricing across a diversified portfolio of options positions 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 Track the commodity fundamentals that drive mispricing beyond pure systematic signals, including supply and demand, storage, weather, and term structure and skew across the curve Collaborate with quant researchers and engineers to develop new models using our proprietary datasets Qualifications and skills: Previous experience trading (2-7+ years) with a proven track record of success managing a commodity options market making book Working knowledge of commodity options pricing, volatility, and market structure on listed CME/ICE products BA/BS/MS/PhD 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 Python programming skills are a plus, but not required Why Edgehog: Small team advantage: Direct access to founders and senior team members from day one Ownership early: Manage real P&L and make meaningful impact within your first year Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house Tight feedback loops: Monthly 1-on-1s with your mentor, quarterly reviews with leadership Chicago-based: Affordable cost of living, vibrant trading community 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 The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list. The base salary for this role is 150,000 - 175,000 USD per year About Edgehog Trading 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.

Similar open jobs