Commodity Options Trader

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