Intraday Options Trader
6 days ago
The Intraday Options Trader is responsible for analyzing market conditions, identifying profitable options trading opportunities, and executing trades throughout the trading day to generate returns. This role requires a strong understanding of options contracts, technical analysis, and risk management.
**Responsibilities**:
- Analyze pre-market news and events to identify potential market catalysts that could impact options pricing.
- Conduct in-depth technical analysis of underlying assets and options contracts using various indicators and tools.
- Develop and implement intraday options trading strategies based on market trends, volatility, and risk tolerance.
- Continuously monitor market activity and adjust positions as needed to maximize profits and minimize losses.
- Utilize quantitative analysis to assess recent market performance and identify opportunities for options trades.
- Design and utilize screening tools to identify options contracts with favorable risk-reward profiles.
- Maintain detailed trading logs and records to track performance and identify areas for improvement.
- Communicate trade ideas and results clearly and concisely to portfolio managers or other stakeholders.
**Skills and Qualifications**:
- Proven experience in intraday options trading with a strong track record of profitability.
- Deep understanding of options contracts, pricing models, and greeks.
- Proficiency in technical analysis and various charting tools.
- Excellent risk management skills.
- Strong analytical and problem-solving abilities.
- Ability to work independently and make quick decisions in a fast-paced environment.
- Excellent communication and presentation skills.
**Job Types**: Full-time, Permanent, Fresher
Pay: ₹30,000.00 - ₹40,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Food provided
- Health insurance
Schedule:
- Fixed shift
Supplemental pay types:
- Performance bonus
Work Location: In person