Quant jobs / Old Mission

Systematic Equity Options Trader

A systematic trading role on Old Mission's equity options desk in Chicago, working with research and technology teams. It covers single-name options, index options and volatility products.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Design and run systematic strategies in equity options
Maintain models for options pricing, volatility forecasting and risk
Hedge portfolio risk systematically
Turn research ideas into production strategies with researchers
Review trades after the fact to improve strategies and execution

What they ask for

Required

Systematic options or quant trading experience
Options pricing theory, Greeks and volatility
Python or C++
Statistics and machine learning
Market microstructure and execution algorithms
Quantitative degree

Preferred

Systematic trading of equity options or volatility
Order book and HFT concepts
Real-time and low-latency systems
Track record of profitable strategies

Education: Bachelor's in maths, statistics, computer science, physics or engineering; advanced degree preferred
Experience: 4+ years in systematic options trading, quant trading or quant research
Languages and tools: Python
C++
Markets: options, equities

How to prepare

Build a volatility forecasting model and test it against realised volatility
Simulate delta hedging with costs and discrete rebalancing
Study options order book dynamics and market-making basics
Do a post-trade analysis on simulated or public options data

What to study

The Volatility Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Old Mission’s site before applying: requirements, location and pay can change after we check them.

View the posting on Old Mission’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Old Mission and doesn’t handle applications.