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 rulesdrawdown limits, hedging, exit logic-?Deep understanding of option greeks, volatility, calendars, expiry dynamics-?Proven algo execution skillscomfortable deploying and managing automation tools-?Strong analytic ability in technical, sentiment, and fundamental indicators-?Experienced in leading small teams and guiding junior members-?Excellent communicatorcan 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