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US Equity Index Options Trader

DRW · On-site

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Last seen by MeritLog September 12, 2026Source: GreenhouseSource version: greenhouse-job-board-v1

MeritLog read this listing from DRW's Greenhouse job board and last checked it on September 12, 2026.

Source: the employer's Greenhouse job board. Open the original listing for current details.

Job details

Work model: On-site
Salary: $250,000 – $300,000 per year
Location: chicago

Hiring context

How this role compares at DRW

DRW has 159 live roles in MeritLog’s catalog across 9 job families, and 68 of them are in data & analytics. 72 of those listings publish a pay range, a disclosure rate of 45%.

This role's posted range of $250,000 – $300,000 per year sits above 94% of the 71 other DRW roles quoted over the same currency and period.

DRW concentrates this hiring in:

Counted across the job boards MeritLog tracks, at the time this page was served. Pay comparisons use only listings that publish a complete range in the same currency and period.

What the role asks for

What you'd do

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
Deep understanding of options theory, volatility, and market microstructure
Comfortable trading both systematic and discretionary when required
Calm under pressure, with the ability to quickly diagnose and act on trading problems
Strong analytics, detail-oriented, and proactive in identifying improvements
Strong communicator who thrives in a collaborative, team-based environment
Passionate about markets, with a continuous drive to learn and improve

Parsed by MeritLog from the employer’s own posting. The full description follows below.

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus We are seeking a US Equity Index Trader to join our US Options Trading team. How you will make an impact • Actively trade US index and equity options, managing positions and risk. • Analyze market flows, volatility, and microstructure to identify and capture trading opportunities • Refine pricing, execution, and risk management approaches to improve trading performance • Conduct post-trade analysis to evaluate decisions, optimize strategies, and drive systematic improvements • Contribute to the development of tools, monitoring, and processes that enhance trading stability and scalability • Partner closely with risk management, researchers and developers during live trading and high-pressure situations You will be right at home if you have • 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 • Deep understanding of options theory, volatility, and market microstructure • Comfortable trading both systematic and discretionary when required • Calm under pressure, with the ability to quickly diagnose and act on trading problems • Strong analytics, detail-oriented, and proactive in identifying improvements • Strong communicator who thrives in a collaborative, team-based environment • Passionate about markets, with a continuous drive to learn and improve The annual base salary range for this position is $250,000 to $300,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts. For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice. California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice. [#LI-AC]

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