Head of Options & Derivatives Execution

Job Title: Head of Options & Derivatives Execution
Location: [Remote / On-Site]Type: Full-TimeCompensation: Fixed + Performance-Based Incentives🎯 Role ObjectiveOwn design, execution, and monitoring of risk-defined options strategies (Indian indices, stocks; commodities/international optional)Ensure consistent 15%+ annual returns with low drawdownsLead risk, execution, analysis, and strategy improvement🛠️ Key Responsibilities- Design & run options strategies: covered calls, spreads, straddles, condors, strangles- Deliver consistent upside (15%+ p.a.) using defined risk frameworks- Execute trades and manage positions daily- Adjust based on IV changes, greeks, technical levels, sentiment (OI, VIX, PCR)- Use algo execution platforms (Streak, Tradetron, FYERS API, Python) to automate placement and risk controls- Run capital > 5 years’ live trading; manage capital allocation, margin, max-drawdown, and exits- Oversee performance logging, trade journals, P&L dashboards, and periodic analysis- Provide leadership to junior analyst and quant intern; guide research and execution tasks- Present strategy review findings and refinement suggestions to management- (Preferred) Explore commodities and international options markets for alpha opportunities- (Preferred) Co-develop risk-monitoring dashboards or automation tools✅ Requirements- 5+ years of live capital options trading experience in India (₹5cr + preferably)- Proven track record of 15%+ annual returns over multiple years- Mastery of risk-defined strategies with clear rules—drawdown limits, hedging, exit logic- Deep understanding of option greeks, volatility, calendars, expiry dynamics- Proven algo execution skills—comfortable deploying and managing automation tools- Strong analytic ability in technical, sentiment, and fundamental indicators- Experienced in leading small teams and guiding junior members- Excellent communicator—can prepare concise reports, dashboards, and lead strategy discussions🌍 Bonus (Preferred, Not Mandatory)Experience trading commodities (MCX) or international derivatives (US indices, FX)Exposure to macro risk and global volatility regimesNISM certification in Derivatives, Research, or AdvisoryExperience mentoring IIT/quant interns🚀 Growth PathManage increasing capital allocationExpand desk with quant, execution analystsDevelop proprietary models and receive performance-linked upsidePotential escalation to portfolio management or risk-risk leadership---📩 Application InstructionsSend your resume with:Summary of experience: years, capital managed, strategy types, annualized returnsOverview of your risk management frameworkHighlight of algo execution tools/platforms usedOptionally: backtest summaries or strategy performance snippets