Options Trader salary

Average options trader salary

$110,139

$52.95 hourly rate

Entry-level options trader salary
$65,000 yearly salary
Updated January 8, 2025

How much does an options trader make?

The average options trader salary in the United States is $110,139. Options trader salaries typically range between $65,000 and $185,000 yearly. The average hourly rate for options traders is $52.95 per hour.

Options trader salary is impacted by location, education, and experience. Options traders earn the highest average salary in New York.

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Where can an Options Trader earn more?

Compare salary by location
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173k
153k
133k
113k
93k
73k
53k
Columbus, OH$150,962
Montreal, WI$82,880
Compare salary by company
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183k
163k
143k
123k
103k
83k
The Citadel$166,452
Akuna Capital$113,005

Options Trader salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Glassdoor, Comparably and Payscale, the average salary for an options trader typically falls between $76,888 and $143,826.
zippia
$110,139yearly
glassdoor[1]
$143,826yearly
comparably[2]
$113,377yearly
Salary.com[3]
$76,888yearly
payscale[4]
$97,436yearly

Average options trader salary by state

Highest paying states for options traders

Rank
ascdesc
State
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1New York$145,716$70.06
2Rhode Island$131,014$62.99
3Nevada$127,710$61.40
4New Hampshire$130,995$62.98
5Connecticut$124,312$59.77
6District of Columbia$123,930$59.58
7Michigan$110,495$53.12
8Ohio$106,981$51.43
9Delaware$126,904$61.01
10Texas$107,458$51.66
11Georgia$101,465$48.78
12West Virginia$107,283$51.58
13New Mexico$111,189$53.46
14Louisiana$106,466$51.19
15Oklahoma$104,931$50.45
16Utah$97,274$46.77
17Illinois$97,810$47.02
18Massachusetts$98,728$47.47
19Vermont$96,693$46.49
20Missouri$98,175$47.20
21South Carolina$95,750$46.03
22Kentucky$96,237$46.27
23Maine$96,974$46.62
24Minnesota$97,564$46.91
25Pennsylvania$91,724$44.10
26New Jersey$99,312$47.75
27California$94,560$45.46
28Maryland$97,602$46.92
29Iowa$88,145$42.38
30Wyoming$94,758$45.56
31Montana$96,197$46.25
32North Carolina$91,901$44.18
33Arkansas$92,343$44.40
34Florida$88,288$42.45
35Tennessee$83,874$40.32
36South Dakota$89,284$42.92
37Hawaii$98,372$47.29
38Mississippi$89,587$43.07
39Oregon$89,653$43.10
40Idaho$82,845$39.83
41Nebraska$79,814$38.37
42Arizona$88,653$42.62
43Virginia$89,420$42.99
44Alaska$89,298$42.93
45Kansas$86,399$41.54
46Indiana$76,456$36.76
47North Dakota$83,239$40.02
48Wisconsin$78,510$37.75
49Washington$85,823$41.26
50Colorado$74,449$35.79
51Alabama$71,791$34.51

Highest paying cities for options traders

The highest-paying cities for options traders are New York, NY, Stamford, CT, and Greenwich, CT.

Rank
ascdesc
City
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1New York, NY$150,962$72.58
2Stamford, CT$125,345$60.26
3Greenwich, CT$125,289$60.24
4Detroit, MI$111,949$53.82
5Houston, TX$108,035$51.94
6Stone Mountain, GA$101,308$48.71
7Chicago, IL$98,847$47.52
8Philadelphia, PA$92,650$44.54
9Newport Beach, CA$92,451$44.45
10Montreal, WI$82,880$39.85

Options Trader salary details

An options trader's salary ranges from $65,000 a year at the 10th percentile to $185,000 at the 90th percentile.

Average Options Trader Salary Graph
Average Options Trader Salary Graph, Trends, and Summary

What is an options trader's salary?

Percentile
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
90th Percentile$185,000$15,417$89
75th Percentile$145,000$12,083$70
Average$110,139$9,178$53
25th Percentile$83,000$6,917$40
10th Percentile$65,000$5,417$31

Highest paying options trader jobs

The highest paying types of options traders are hedge fund trader, energy derivatives trader, and day trader.

Job Title
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
Job Openings
ascdesc
Foreign Exchange Trader$115,133$9,594$55.3517,829
Hedge Fund Trader$117,549$9,796$56.5112,689
Commodity Trader$93,220$7,768$44.8210,906
Equity Trader$101,759$8,480$48.9217,507
Trader$90,179$7,515$43.3617,351
Forex Trader$115,092$9,591$55.3317,582

Top companies hiring options traders now:

  1. The Citadel Jobs (10)
  2. Royal Bank of Canada Jobs (4)
  3. Standard Chartered Jobs (4)
  4. DRW Jobs (8)
  5. PEAK6 Jobs (11)

Which companies pay options traders the most?

Options trader salaries at The Citadel and Pacific Investment Management Company LLC are the highest-paying according to our most recent salary estimates. In addition, the average options trader salary at companies like Hess and Sumitomo Mitsui Financial Group are highly competitive.

Rank
ascdesc
Company
ascdesc
Average Salary
ascdesc
Hourly Rate
ascdesc
1The Citadel$166,452$80.03
2Pacific Investment Management Company LLC$149,227$71.74
3Hess$141,065$67.82
4Sumitomo Mitsui Financial Group$126,030$60.59
5MUFG EMEA$125,295$60.24
6HSBC Bank$124,129$59.68
7DTE Energy$120,731$58.04
8Barclays$119,808$57.60
9Standard Chartered$119,665$57.53
10DRW$119,603$57.50
11Tower Research Capital$118,733$57.08
12Belvedere Trading$118,355$56.90
13RBS Securities$118,275$56.86
14PEAK6$117,085$56.29
15Virtu Financial$117,025$56.26
16Ronin$115,527$55.54
17SG Americas Securities Holdings, LLC$114,462$55.03
18Bluefin Trading LLC$114,453$55.03
19XR Trading$113,540$54.59
20Akuna Capital$113,005$54.33

Wage gap by gender, race and education

$104,000$101,800$99,600$97,400$95,200$93,000
MaleFemale

Options Trader salary trends

The average options trader salary has fallen by $-12,397 over the last ten years. In 2014, the average options trader earned $122,536 annually, but today, they earn $110,139 a year. That works out to a -4% change in pay for options traders over the last decade.

Compare options trader salaries for cities or states with the national average over time.

Average options trader salary over time

Compare options trader salaries for individual cities or states with the national average.

  • National Average
  • Columbus, OH

Options Trader salary by year

Year
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
% Change
ascdesc
2025$110,000$52.95+3.9%
2024$106,000$50.91-3.0%
2023$109,000$52.42+0.5%
2022$108,000$52.14-5.5%
2021$114,000$55.03-6.3%

Recently added options trader salaries

Company
ascdesc
Job
ascdesc
Location
ascdesc
Date Added
ascdesc
Salary
ascdesc
Jpmorgan Chase Bank, N.AWealth Management, Options Trader, Vice PresidentNew York, NY12/12/2024$150,000
ShellSR Options TraderHouston, TX11/23/2024$157,000
Point72, L.POptions TraderNew York, NY10/25/2024$150,000
Jpmorgan Chase & CoWealth Management, Options Trader, Vice PresidentNew York, NY10/10/2024$150,000
Buzzarts AgencyOptions TraderLos Angeles, CA09/28/2024$43,300
Citigroup Inc.Senior Gas Options Trader, DirectorHouston, TX09/26/2024$200,000
FionicsOptions Trader (NOT SIG PNL PayoutArdmore, PA09/04/2024$150,000
Barclays Capital Inc.FX Options TraderNew York, NY08/27/2024$160,000
Tower Research CapitalSenior Index Options TraderChicago, IL07/23/2024$120,000
Tower Research CapitalSenior Index Options TraderNew York, NY07/23/2024$120,000

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