Options Trader Salary (June 2024) - Zippia (2024)

Average options trader salary

$110,139

$52.95 hourly rate

Entry-level options trader salary

$65,000 yearly salary

Updated April 25, 2024

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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Options trader salary by:

  • State
  • City
  • Company
  • Trends

Where can an Options Trader earn more?

Compare salary by company

Vs

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

Average options trader salary by state

The highest-paying states for options traders are New York, Rhode Island, and New Hampshire. The lowest average options trader salary states are Idaho, Nebraska, and Wisconsin.

  • State View
  • County View

Average Salary:

Options Trader Salary (June 2024) - Zippia (1)

Highest paying states for options traders

RankStateAvg. SalaryHourly Rate
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

Top options trader jobs near you

Highest paying cities for options traders

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

RankCityAvg. SalaryHourly Rate
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.

Options Trader Salary (June 2024) - Zippia (2)

What is an options trader's salary?

PercentileAnnual SalaryMonthly SalaryHourly Rate
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 TitleAnnual SalaryMonthly SalaryHourly RateJob Openings
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.

RankCompanyAverage SalaryHourly Rate
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.

    Options Trader salary by year

    YearAvg. SalaryHourly Rate% Change
    2024$110,000$52.95+3.9%
    2023$106,000$50.91-3.0%
    2022$109,000$52.42+0.5%
    2021$108,000$52.14-5.5%
    2020$114,000$55.03-6.3%

    Show more

    Recently added options trader salaries

    CompanyJobLocationDate AddedSalary
    Natwest GroupUS Options TraderStamford, CT06/09/2023$125,000
    Sumitomo Mitsui Banking CorporationFX Option Trader, VPNew York, NY03/23/2023$156,000
    Deutsche BankOptions Derivatives Trader-DirectorNew York, NY01/29/2023$190,000
    Sumitomo Mitsui Banking CorporationFX Option Trader, VPNew York, NY01/23/2023$156,000
    Gelber Securities, LLCEquity Options TraderChicago, IL12/27/2022$67,579
    Sumitomo Mitsui Financial GroupFX Option Trader, VPNew York, NY12/24/2022$156,000
    Natwest MarketsUS Options TraderStamford, CT12/10/2022$125,000
    Barclays PlcDirector, FX Options TraderNew York, NY10/29/2022$290,000
    Barclays PlcDirector, FX Options TraderNew York, NY10/29/2022$290,000
    Monex USA (Formerly Tempus, Inc.)JR. Options TraderNew York, NY10/19/2022$70,000

    Show more

    Options Trader salary FAQs

    Have more questions?

    See all answers to common sales questions.

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    Options Trader Salary (June 2024) - Zippia (2024)

    FAQs

    Options Trader Salary (June 2024) - Zippia? ›

    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.

    How much do option day traders make a year? ›

    Options Trader Salary
    Annual SalaryMonthly Pay
    Top Earners$190,000$15,833
    75th Percentile$175,000$14,583
    Average$112,369$9,364
    25th Percentile$49,000$4,083

    What is the salary of an option trader? ›

    Average starting Salary for Option Trader in India is around ₹1.0 Lakhs per year (₹8.3k per month). No prior experience is required to be a Option Trader. What is the highest salary for a Option Trader in India? Highest salary that a Option Trader can earn is ₹8.0 Lakhs per year (₹66.7k per month).

    How much do asset management traders make? ›

    $271K
    Pay TypeRangeMedian
    Base Pay$139K - $240K$183K/yr
    Bonus$67K - $124K$89K/yr
    Apr 22, 2024

    How much do future traders make? ›

    While ZipRecruiter is seeing annual salaries as high as $196,000 and as low as $53,000, the majority of Futures Trader salaries currently range between $57,500 (25th percentile) to $181,000 (75th percentile) with top earners (90th percentile) making $192,500 annually across the United States.

    How much money do day traders with $50,000 accounts make per day on average? ›

    However, a widely accepted figure suggests that a successful day trader can pull between 1% to 2% of their account balance per day. For a $50,000 trading account, this equates to approximately $500 to $1,000 per day.

    How much money do day traders with $10 000 accounts make per day on average? ›

    Assuming they make ten trades per day and taking into account the success/failure ratio, this hypothetical day trader can anticipate earning approximately $525 and only risking a loss of about $300 each day. This results in a sizeable net gain of $225 per day.

    How much commission do traders make? ›

    According to Indeed Salaries, the average base salary for a stock trader in the U.S. is $80,086 per year . They can also expect to make an average commission of around $25,000 per year. Professionals in this role can also earn benefits, such as a flexible schedule, family leave and the option to work from home.

    How much do Citadel traders make? ›

    How much does a Trader make at Citadel Securities in the United States? Average Citadel Securities Trader yearly pay in the United States is approximately $215,575, which is 126% above the national average.

    Can you be a millionaire as a Trader? ›

    While some traders have been successful in becoming millionaires through scalping trading, many others have lost money and blown up their trading accounts. It is important to note that trading carries significant risks, and traders should only trade with money they can afford to lose.

    Which Trader makes the most money? ›

    As a result, today we'll talk about the people who are phenomenally successful in the Indian stock market. Radhakishan Damani - Radhakishan Damani, often known as 'Mr. White and White' due to his basic attire of a white shirt and white pants, is India's wealthiest stock market investor and the owner of D-mart.

    What is the highest salary for a Trader? ›

    Trader salary in India ranges between ₹ 0.9 Lakhs to ₹ 25.0 Lakhs with an average annual salary of ₹ 7.9 Lakhs.

    How much can a day trader make per day? ›

    A typical day trading profit per day is between 0.033 and 0.13 percent. This corresponds to a monthly profit of between 1 and 10 percent for successful day traders. However, only a few traders are successful in the long term - most make losses.

    How profitable is day trading options? ›

    Day trading options can be a highly profitable venture, but it can also be extremely risky. As such, it is crucial to have a solid risk management plan in place to ensure that potential losses are minimized.

    How much profit will I get with $10,000 in options trading? ›

    In case you very good as option buyer then 10,000 is enough to get started and you can make 500 rupees per day. But this circ*mstance is true only if you are extremely good as option buyer. In reality even best of the best option buyers do not posses that kind of skills.

    How much money can you make as an options trader? ›

    How much money can you make trading options? That depends on your account size and trading strategy. You could make 20%-50% or more per trade on naked calls and puts. On credit spreads, traders look to take profits around 50%, and debit spreads anywhere from 10-$50% or more.

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