Options Trader

Responsibilities

• Profitably manage a SOFR options portfolio with full responsibility for P&L and dynamic risk management.
• Make two-sided markets across the SOFR options complex (SR3, S0, S2) while maintaining disciplined risk across the curve.
• Develop and refine volatility surface models, term structure analysis, and hedging strategies.
• Identify structural opportunities and flow-driven inefficiencies in the short-end rates market.
• Partner with technology teams to improve automated trading infrastructure, including strategy logic and signal development.
• Analyze market microstructure to improve pricing, execution quality, and risk-adjusted returns.

Requirements

• 2+ years of experience trading SOFR, Eurodollar, or short-term interest rate options in an electronic market making environment.
• Deep understanding of options theory, including Greeks, vol surface construction, and term structure dynamics.
• Proven risk management discipline and the ability to manage positions under pressure.
• Bachelor's degree in a quantitative field such as Engineering, Economics, Statistics, Mathematics, or Computer Science.
• Strong quantitative and analytical instincts with the ability to react quickly to changing market conditions.
• Familiarity with Python or C++ for data analysis and tool optimization.

Preferred Qualifications

• Specific experience with CME SR3 market microstructure and electronic liquidity provision.
• Familiarity with swap curve dynamics, OIS, Fed Funds, or broader fixed income contexts.
• Experience building or improving trading tools, pricing models, or automation.
• Proven track record of mentorship.

About the Company

Akuna Capital is a leading proprietary trading firm specializing in options market making. We focus on collaboration, cutting-edge technology, and data-driven solutions, designing our own low-latency technologies and mathematical models to provide liquidity to the global markets.