Crypto Options Trader
Posted 6 days ago by Re7 Capital
Negotiable
Undetermined
Remote
London, England, United Kingdom
Summary: The Crypto Options Trader role at Re7 Capital involves designing and executing advanced trading strategies to optimize risk-adjusted returns in the crypto market. The position requires managing multiple trading strategies while collaborating with the Technology team to develop algorithms and refine risk management practices. The trader will also monitor market trends and provide detailed reports to senior management. This role is ideal for individuals passionate about crypto options trading and looking to make a significant impact in a fast-paced financial sector.
Key Responsibilities:
- Design, develop, and execute advanced crypto options trading strategies aimed at optimizing risk-adjusted returns while minimizing directional market exposure.
- Manage and oversee multiple concurrent trading strategies, including beta and market-neutral approaches, ensuring alignment with the firm's risk management framework.
- Collaborate closely with the Technology team to develop sophisticated trading algorithms, leveraging systematic trading methodologies and quantitative analytics.
- Implement and continuously refine risk management practices to optimize the risk-return profile, keeping drawdowns within clearly defined, acceptable limits.
- Maintain vigilant monitoring of margin ratios and liquidation thresholds to ensure positions remain within safe and sustainable limits.
- Actively contribute to enhancing infrastructure security and robustness, mitigating operational risks related to crypto trading.
- Continuously monitor market developments, industry trends, and regulatory changes to proactively adjust strategies and maintain competitive advantage.
- Provide detailed reporting on trading activities, strategy performance, and risk exposures to senior management, facilitating informed decision-making.
- Develop trading strategies across multiple funds to drive innovation and enhance investment performance throughout the firm.
Key Skills:
- Proven experience (5+ years) trading crypto options, with a proven track record of consistent risk-adjusted returns.
- Deep understanding of cryptocurrency markets, DeFi protocols, and blockchain ecosystems.
- Strong experience with systematic and quantitative trading strategies, including beta-neutral, delta-neutral, and volatility arbitrage.
- Proficiency in developing, testing, and executing trading algorithms and strategies.
- Familiarity with crypto derivatives exchanges, specifically Deribit, Binance and OKX.
- Experience with programming languages such as Python.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: remote
IR35 Status: undetermined
Seniority Level: undetermined
Industry: IT
About Us Re7 Capital is a London-based cryptoasset investment firm leveraging our extensive crypto network, deep market expertise, and proprietary data infrastructure to drive investment decisions across diverse fund strategies and innovative DeFi projects. Our dynamic team combines extensive experience in investment management, data science, and crypto markets. To support our continued growth, we are looking for an ambitious and motivated Crypto Options Trader to diversify our investment strategies and take full ownership of the options trading desk. If you're passionate about crypto options trading and want to play a key role in one of the fastest-moving sectors in finance, this is the opportunity for you.
Responsibilities
- Design, develop, and execute advanced crypto options trading strategies aimed at optimizing risk-adjusted returns while minimizing directional market exposure
- Manage and oversee multiple concurrent trading strategies, including beta and market-neutral approaches, ensuring alignment with the firm's risk management framework
- Collaborate closely with the Technology team to develop sophisticated trading algorithms, leveraging systematic trading methodologies and quantitative analytics
- Implement and continuously refine risk management practices to optimize the risk-return profile, keeping drawdowns within clearly defined, acceptable limits
- Maintain vigilant monitoring of margin ratios and liquidation thresholds to ensure positions remain within safe and sustainable limits
- Actively contribute to enhancing infrastructure security and robustness, mitigating operational risks related to crypto trading
- Continuously monitor market developments, industry trends, and regulatory changes to proactively adjust strategies and maintain competitive advantage
- Provide detailed reporting on trading activities, strategy performance, and risk exposures to senior management, facilitating informed decision-making
- Develop trading strategies across multiple funds to drive innovation and enhance investment performance throughout the firm
Requirements
- Proven experience (5+ years) trading crypto options, with a proven track record of consistent risk-adjusted returns
- Deep understanding of cryptocurrency markets, DeFi protocols, and blockchain ecosystems
- Strong experience with systematic and quantitative trading strategies, including beta-neutral, delta-neutral, and volatility arbitrage
- Proficiency in developing, testing, and executing trading algorithms and strategies
- Familiarity with crypto derivatives exchanges, specifically Deribit, Binance and OKX
- Experience with programming languages such as Python
Benefits
- A dynamic, collaborative and highly technical work environment
- Opportunities for professional growth in a rapidly evolving environment
- Remote-first setup with opportunities to meet the team in person
- Competitive compensation package
- UK visa sponsorship available for exceptional candidates
How To Apply
Please submit the following:
- Your resume
- A cover letter explaining your interest in the role
- Your response to the following challenge: Challenge: Describe a systematic BTC-denominated beta options strategy that aims to increase BTC holdings using BTC as collateral Your submission should include: Clear explanation of the trading logic and strategy rationale Assumptions and parameters used in your strategy Preliminary performance metrics, including but not limited to: Annualized Return Sharpe Ratio Maximum Drawdown Risk metrics and sensitivity analyses Recommendations or considerations for managing risk and improving performance Feel free to include backtest results, visualizations, or any other supporting material to strengthen your analysis.