---
title: 'Experienced Equity Options Trader at Belvedere Trading'
canonical: 'https://feeny.ai/job/experienced-equity-options-trader-belvedere-trading-chicago-7jknhe9nzxwr'
type: 'job'
last_seen: '2026-09-14'
---

# Experienced Equity Options Trader at Belvedere Trading

- **Company:** Belvedere Trading
- **Location:** Chicago, IL
- **Compensation:** $150k–$200k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2025-12-10
- **Last confirmed live:** 2026-09-14
- **Apply:** https://jobs.lever.co/belvederetrading/9f0c0e5c-403a-4383-a25a-f5ebd191fbc4

## Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.

As an Experienced Equity Options Trader, you will join our Equity Index or Individual Equity Options Trading Groups. In this role, you’ll take ownership of strategy, risk, and performance across Equity options while helping shape the future of our trading desk. You’ll bring strong market intuition, a quantitative mindset, and a team-first approach to a fast-paced environment where we solve complex problems together.

## What you'll do

- Become a leader in options market-making, while being recognized and compensated for your contributions within the firm.
- Participate in formal education on quantitative concepts to build your trading knowledge.
- Execute trades in a fast-paced environment with precision and a focus on maximizing profitability.
- Excel in market-making on a highly collaborative team and actively provide liquidity across multiple markets while ensuring efficient pricing and risk management.
- Execute strategy development and collaborate with the team to design and implement trading strategies in highly liquid names.
- Provide analytics & insights to analyze market data to identify trends, mispricing, and emerging opportunities within Equity Markets.
- Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
- Collaborate with technologists, quants, and traders to systematize models and trading strategies.
- Ensure risk management by monitoring and managing positions within risk limits.

## What you'll need

- 3–7+ years of experience trading single-stock options, index options, or ETF options, ideally in a market-making setting.
- A strong track record of generating PnL, managing risk, and executing strategies in fast-moving markets.
- Deep understanding of options pricing, volatility dynamics, and market microstructure.
- Proficiency in Python, R, SQL, or similar tools, with the ability to work with large datasets and build analytical or modeling frameworks.
- Ability to thoughtfully approach decision-making, thrive under pressure and adapt quickly to changing market conditions.
- Excellent communication skills and a team-oriented mindset.
- Bachelor’s degree or higher in Finance, Economics, Physics, Mathematics, Engineering, Computer Science, or a related field.

## How We Operate - Core Values

Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates. Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence. Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures. Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks. Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress.

Women and underrepresented groups frequently apply for jobs only if they meet 100% of the qualifications. We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion Physical: Ability to remain at a desk and concentrate for long periods of time Amount of Travel Required: None

## About Belvedere Trading

## Company Overview
- **One-liner**: Belvedere Trading is a Chicago-based proprietary trading firm specializing in equity index and commodity derivatives, using ultramodern technology and risk management to capitalize on market inefficiencies.
- **Entity Type**: Private (proprietary trading firm, no external funding disclosed)
- **Headquarters**: Chicago, Illinois, United States (with an office in Boulder, Colorado, and a Singapore office)
- **Founded**: 2002
- **Founders**: Not publicly disclosed; key executives include Yezdaan Baber (CEO), Yury Pensky (President), Tom Hutchinson, and Richardo Forrer.

## Core Business
- **Primary industry**: Financial services – proprietary trading and market-making in exchange-traded options and derivatives.
- **Target customers**: The firm trades its own capital; it also offers customized capital backing programs for experienced traders and trading groups.
- **Mission or purpose**: To combine market experience, proprietary technology, and a relentless focus on team development to stay at the forefront of the evolving financial markets.

## Products & Services
- **Proprietary Trading & Market-Making**: Belvedere trades equity index and commodity derivatives on exchanges like the Chicago Board Options Exchange, using internally built models and software to identify and exploit pricing inefficiencies.
- **Capital Backing Programs**: Customized financial backing for experienced traders and trading groups, providing risk management, compliance, HR, recruiting, and competitive execution rates under the Belvedere umbrella.
- **Belvedere Trading University (BTU)**: An internal training program for new hires and interns, covering trading strategies, technology, and risk management.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (private firm).
- **Key Metric**: Headcount of approximately 279–300 employees (as of 2025–2026), growing ~13% year-over-year.
- **Notable Investors/Partners**: None disclosed; the firm is self-funded and operates with its own capital.
- **Growth Signals**: Year-over-year headcount expansion, opening of a Singapore office, continued recruitment for experienced traders and technology roles, and low turnover with high employee referral rates.

## Competitive Advantages
- **Proprietary Technology**: All trading models and software systems are built in-house and continuously re-engineered, giving the firm a speed and efficiency edge.
- **Culture & Retention**: Low turnover and high referral rates, driven by an entrepreneurial, empowered work environment with minimal barriers to communication.
- **Risk Management**: Diligent risk, compliance, and finance management capabilities that allow quick adaptation to market changes.
- **Training Investment**: Belvedere Trading University (BTU) ensures new hires rapidly develop deep market and technical skills.

## Strategic Focus
- **Geographic Expansion**: Growing presence in Singapore and Boulder to access new talent and markets.
- **Technology Leadership**: Continued investment in software engineering, quantitative research, and data engineering to maintain a competitive edge.
- **Talent Development**: Emphasis on attracting diverse, high-caliber individuals and fostering a culture of ownership, iterative innovation, and teamwork.

## Why Work Here
- **Culture**: Casual dress code, open communication, strong work-life balance, and a small-company feel despite growth. Team members are empowered through a Culture Committee that plans social events and fringe benefits.
- **Remote/Hybrid Policy**: Not explicitly stated; roles appear to be primarily in-office (Chicago, Boulder, Singapore) with virtual interview options. Interns receive housing assistance in Chicago.
- **Notable Perks**: Comprehensive health coverage, 401(k), parental leave, wellness program, continuing education, transit benefit, relocation reimbursement, mentorship program, and regular company-wide social events. Interns receive medical coverage, housing assistance, and dedicated intern events.
- **Engineering Culture**: Software Engineers build proprietary applications; Junior Quantitative Trading Analysts rotate between trading and technology projects. Sponsorship is available for Software Engineer and Quantitative Research roles.

## Sources
1. [belvederetrading.com – About](https://www.belvederetrading.com/about)
2. [belvederetrading.com – Working at Belvedere](https://www.belvederetrading.com/working-at-belvedere)
3. [belvederetrading.com – Our Positions (Careers)](https://www.belvederetrading.com/our-positions)
4. [belvederetrading.com – What Sets Us Apart](https://www.belvederetrading.com/what-sets-us-apart)
5. [LinkedIn – Belvedere Trading, LLC](https://linkedin.com/company/teambelvedere)

## Other roles at Belvedere Trading

- [People Operations Generalist](https://feeny.ai/job/people-operations-generalist-belvedere-trading-chicago-aag6yzqf49v7) — Chicago, IL
- [Senior Human Resources Business Partner- Technology & Platforms](https://feeny.ai/job/senior-human-resources-business-partner-technology-platforms-belvedere-trading-dk2swhk4h2mp) — Chicago, IL
- [Quantitative Trader - Entry Level 2027](https://feeny.ai/job/quantitative-trader-entry-level-2027-belvedere-trading-chicago-a1hxnks8dg17) — Chicago, IL
- [Quantitative Trading Intern - Summer 2027](https://feeny.ai/job/quantitative-trading-intern-summer-2027-belvedere-trading-chicago-rectd85vbbzn) — Chicago, IL
- [Quantitative Trading Intern - Winter Quarter 2027](https://feeny.ai/job/quantitative-trading-intern-winter-quarter-2027-belvedere-trading-chicago-7cwpafd71axn) — Chicago, IL
- [Software Engineer Intern - Summer 2027](https://feeny.ai/job/software-engineer-intern-summer-2027-belvedere-trading-chicago-rbm60ta734r5) — Chicago, IL
- [Software Engineer - Entry Level 2027](https://feeny.ai/job/software-engineer-entry-level-2027-belvedere-trading-chicago-xn9fp8f1k9aa) — Chicago, IL
- [Program Manager](https://feeny.ai/job/program-manager-belvedere-trading-chicago-eem2kgv19nye) — Chicago, IL
- [Floor Trader - AMEX](https://feeny.ai/job/floor-trader-amex-belvedere-trading-new-york-tvb9bct2dzdv) — New York, NY
- [Senior Data Engineer](https://feeny.ai/job/senior-data-engineer-belvedere-trading-chicago-3hc1q4t21j0t) — Chicago, IL