How much does a Trader (Options), Sr. make in Chicago, IL? The average Trader (Options), Sr. salary in Chicago, IL is $113,928 as of February 26, 2024, but the range typically falls between $91,504 and $130,547. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Trader (Options), Sr. Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Trader (Options), Sr. Salary $71,089 Chicago,IL February 26, 2024
25th Percentile Trader (Options), Sr. Salary $91,504 Chicago,IL February 26, 2024
50th Percentile Trader (Options), Sr. Salary $113,928 Chicago,IL February 26, 2024
75th Percentile Trader (Options), Sr. Salary $130,547 Chicago,IL February 26, 2024
90th Percentile Trader (Options), Sr. Salary $145,678 Chicago,IL February 26, 2024
25% $91,504 10% $71,089 90% $145,678 75% $130,547 $113,928 50%(Median) Didn’t find job title? Click
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Check out Trader (Options) jobs in Chicago, Illinois

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What skills does a Trader (Options), Sr. need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Portfolio Management: Portfolio management is the selection, prioritisation and control of an organisation's programmes and projects. The goal is to balance the implementation of change initiatives and the maintenance of business-as-usual, while optimising ROI.

3.

Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.

Analysis 0.09%
Portfolio Management 0.03%
Financial services 0.03%
Others 99.85%

Job Description for Trader (Options), Sr.

Trader (Options), Sr. is responsible for the timely buying and selling of stock options. Reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Trader (Options), Sr. may provide input or develop financial models to mitigate risk and ensure profits. Requires a bachelor's degree in area of specialty, and may require state licensure. Additionally, Trader (Options), Sr. typically reports to a manager or head of a unit/department. To be a Trader (Options), Sr. typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Trader (Options), Sr. in Chicago, IL
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Trader (Options), Sr. salary varies from city to city. Compared with national average salary of Trader (Options), Sr., the highest Trader (Options), Sr. salary is in San Francisco, CA, where the Trader (Options), Sr. salary is 25.0% above. The lowest Trader (Options), Sr. salary is in Miami, FL, where the Trader (Options), Sr. salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Trader (Options), Sr., base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
91504
130547
113928

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
160596
236561
203144
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Trader (Options), Sr. in Chicago, IL. The base salary for Trader (Options), Sr. ranges from $91,504 to $130,547 with the average base salary of $113,928. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $160,596 to $236,561 with the average total cash compensation of $203,144.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

91504
130547

 

Step 3 of 3

How much should you be paid?

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

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