Freelance Intraday Algorithmic Trading Specialist

2 weeks ago


Delhi, Delhi, India Sapien+AI Full time
Opportunity for Freelance Intraday Algorithmic Options Trader

We are a Sapien+AI proprietary trading firm, specializing in intraday options markets. We are seeking skilled and disciplined freelance algorithmic traders with expertise in developing automated trading strategies for intraday opportunities.

This role is tailored for individuals who can design and execute efficient algorithms for US options markets, adhering to strict intraday-only rules. Traders will undergo a one-month simulated trading phase on the Interactive Brokers (IBKR) platform to validate their strategies.

The successful candidate will manage a $25,000 trading account with a $100,000 margin under a profit-sharing arrangement. The role requires continuous monitoring of market trends, optimization of strategies, and adjustment of algorithms to capitalize on short-term opportunities.

Key Responsibilities:
  • Develop and implement algorithmic strategies for intraday trading in the US options market.
  • Perform a 1-month simulated trading phase using the IBKR platform to demonstrate strategy effectiveness.
  • Transition to live trading upon successful qualification, managing a $25,000 capital allocation with margin up to $100,000.
  • Execute trades with strict compliance to intraday trading guidelines.
  • Continuously monitor market trends and adjust algorithms to optimize performance.


Requirements:

To succeed in this role, you must have:
  • Proven experience in intraday options trading with a focus on algorithmic or quantitative strategies.
  • Proficiency in programming languages such as Python, R, or C++ and trading platforms like IBKR.
  • A strong understanding of intraday market dynamics, options pricing, and Greeks.
  • Experience in designing, backtesting, and executing intraday trading algorithms.
  • Expertise in managing risk and adhering to strict intraday trading policies.


What We Offer:

As a freelancer, you will receive a competitive salary of $125,000 per year, a profit-sharing model with traders retaining 50% of net profits, access to a $25,000 trading account, advanced trading infrastructure, and a flexible remote work arrangement.

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