Old Mission is seeking a Systematic Equity Options Trader to develop, implement, and manage systematic trading strategies across equity options markets, capitalizing on market inefficiencies while effectively managing risk.
Requirements
- Strong understanding of options pricing theory, Greeks, and volatility dynamics
- Proficiency in Python or C++ is a prerequisite
- Experience with statistical analysis, machine learning, and quantitative modeling techniques
- Must have a strong understanding of the market microstructure and execution algorithms
- Experience trading equity options or volatility products systematically
- Knowledge of order book dynamics and high-frequency trading concepts
- Familiarity with real-time data processing and low-latency systems
Responsibilities
- Design and implement systematic trading strategies for equity options, including single-name options, index options, and volatility products
- Build and maintain quantitative models for options pricing, volatility forecasting, and risk management
- Monitor and optimize existing strategies, identifying opportunities for enhancement and improvement
- Collaborate with quantitative researchers to translate research insights into production trading strategies
- Manage portfolio risk through systematic hedging and position management
- Analyze market microstructure and develop strategies to optimize execution quality
- Work with technology teams to build robust, scalable trading infrastructure
Other
- 4+ years of experience in systematic options trading, quantitative trading, or quantitative research
- Excellent analytical and problem-solving skills
- Ability to work effectively in a fast-paced, collaborative environment
- advanced degree preferred
- Track record of developing profitable quantitative trading strategies
