Overview
In this role you will trade crude oil options at a London-based prop shop, focusing on market-making and risk-taking. You will develop pricing models, monitor risk in real time, and collaborate with quants and developers to improve strategies. You will stay ahead of market trends and contribute to profitability and growth. This is a high-performance environment that rewards proven track record and an entrepreneurial mindset.
Responsibilities
- Execute and manage crude oil options trading strategies with emphasis on market-making and risk-taking
- Develop and optimize trading models and pricing frameworks
- Monitor and manage real-time risk positions within firm parameters
- Collaborate with quantitative researchers, developers, and other traders to enhance strategies and tools
- Maintain understanding of market trends, news, and factors impacting crude oil options market
- Contribute to team profitability and growth
Key requirements
- Minimum of 4 years of experience in crude oil options trading with a strong profitability track record
- Deep understanding of options pricing, volatility dynamics, and risk management
- Expertise in market-making strategies and managing significant risk positions
- Strong analytical and quantitative skills; familiarity with programming languages (e.g., Python, R) is a plus
- Exceptional communication and decision-making under pressure
- Proactive and entrepreneurial mindset with commitment to continuous improvement
- strong communication
- ability to perform under pressure
- proactive mindset
- options pricing
- volatility dynamics
- risk management
…
