OpeningsFirst
How it worksPricingLog in
OpeningsFirst › Jobs in the United States › Jobs in Chicago, Illinois

Commodity Options Trader

Edgehog Trading · edgehogtrading.com
ChicagoOn-siteMid level2–7 yrs
Apply on Edgehog Trading’s site

Share this job on LinkedIn · X

Straight from the company’s own careers site.

The job in short

Commodity options trading.

Machine learning

Details

Found
18 d ago · posted 2026-10-28
Location
Chicago, IL

Full description

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. 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

All Edgehog Trading jobs

Get jobs like this every morning

Jobs in India · Jobs in the US · Who’s hiring in India · Who’s hiring in the US · Browse all jobs · Companies · How OpeningsFirst works · Free jobs widget · Leadership jobs in India · Leadership jobs in the US · Senior jobs in India · Senior jobs in the US · Fresher jobs in India · Entry-level jobs in the US · Remote jobs in the US · Jobs paying $150k+ · Leadership hiring this week · Guides
OpeningsFirst · Use with AI · Terms · Privacy · Refunds · Contact · Follow us on LinkedIn · X