Proprietary Trader – Equities & Options – Chicago, IL
About the Firm
Founded more than 20 years ago, our firm exists to remove the biggest obstacle facing independent traders: capital. We back qualified traders with firm capital, surround them with experienced peers and coaches, and let performance speak for itself. Our remote-first structure means our traders work from wherever they choose.
Position Overview
We are hiring proprietary traders to trade equities and options using firm-allocated capital. You will develop, test, and refine your personal trading strategies across stocks and options markets with structured risk management and professional coaching support in a fully remote environment.
Location: Chicago, IL
Employment Type: Independent Contractor (1099)
Experience Level: 2+ years trading or managing investments
Key Responsibilities
- Develop and execute options strategies including directional, spread, and volatility plays
- Analyze implied volatility, Greeks, and options pricing models to identify opportunities
- Manage multi-leg options positions with disciplined risk protocols
- Monitor and adjust open positions based on market conditions and Greeks changes
- Maintain detailed logs of all options trades and strategy rationale
- Optionally collaborate with a network of remote traders for insights and growth
Required Qualifications
- Two years or more of demonstrated trading experience with documented results preferred
- Fluency in core trading concepts: liquidity, volatility, risk-adjusted return
- Track record of disciplined execution and rule-following under live conditions
- Coachable mindset and openness to feedback from peers and risk staff
- Dependable home setup with backup power or connectivity is a plus
- Comfort with at least one professional-grade charting and order entry platform
Position Details
- Engagement structured as a 1099 independent contractor relationship
- Compensation entirely performance-based with profit splits from 65% to 90%
- Firm-funded starting capital up to $50,000; advance to $500,000+ over time
- Fully remote position — no office requirement, ever
- Capital increases are tied to documented trading performance and risk discipline
- Additional perks, scaling bonuses, and program details discussed at interview stage
Our Work Culture
We hire traders who want to be accountable to themselves and to a process — not to a manager. Our remote-first, performance-driven culture means the best traders thrive here, and average traders quickly find their level. We support both ends honestly.
Location & Remote Work
This position is listed for candidates in the Chicago, IL area. While this is a fully remote role and you will work from your own location, we welcome applicants who are based in or near Chicago. All you need is a reliable computer and internet connection to get started.
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