Website:
deepakpolymers.in
Job details:
Location: Noida (Onsite)
Compensation: ₹50,000 - 1,00,000/ month
Short summary
We’re hiring an Options Trading Associate to work hands-on with index-focused options selling strategies. You’ll execute and manage multi-week / multi-month positions, run a live portfolio, and support risk-first decision-making.
Key responsibilities
- Execute and manage options selling strategies (short calls & puts; primarily index derivatives).
- Monitor implied volatility (IV), technical indicators, and market ranges to determine entries, exits, and adjustments.
- Maintain and document a live portfolio of ~15–17 concurrent positions across expiries.
- Implement and support risk-management actions: rolling, hedging, partial exits, and exposure rebalancing.
- Analyze trade P&L drivers (theta, vega, delta) and recommend improvements to reduce execution costs and slippage.
- Research correlated hedging assets (equities, gold, etc.) and contribute to portfolio-level sizing.
- Prepare daily trade logs and weekly performance & market outlook reports.
Additional responsibilities
- Train, validate, and provide feedback to our trading algorithm (label trades, review model outputs, recommend parameter changes).
- Monitor algorithmic signals and perform end-to-end manual checks before live execution.
Who you are
- 1.5 –4 years’ exposure to options/derivatives or capital markets (academic, simulated, or real trading).
- Strong quantitative and analytical skills; detail-oriented and disciplined.
- Comfortable with options payoffs and Greeks; able to translate theory into practical trade management.
- Proficient with Excel / Google Sheets; Python/R for analysis is a plus.
- Process-driven, patient, and focused on risk-managed outcomes rather than speculation.
Qualifications
- Degree in Finance, Economics, Mathematics, Statistics, Engineering, or related fields. (Good to have)
- Working knowledge of Greeks (Theta, Delta, Vega, Gamma) and basic options concepts.
- Proven ability to document trades and follow structured decision processes.
Preferred
- Experience with index options (Nifty / Bank Nifty or global equivalents).
- Familiarity with portfolio margin concepts and systematic/rule-based adjustments.
- Prior exposure to live or paper portfolios tracked across multiple expiries.
Click on Apply to know more.