IPB
Your Ad Here


Welcome Guest ( Log In | Register )

 
Reply to this topicStart new topic
What is the day of an options trader like?
admin
post Nov 3 2009, 10:20 PM
Post #1


Administrator
***

Group: Root Admin
Posts: 49,777
Joined: 9-May 08
Member No.: 1



Hi everyone!

I'm currently considering a career as an options trader at a trading firm. I passed the tests and got a phone interview which went well but the interviewer asked me a question that I think requires some thought: "Do you really know the specifics of options trading?"

I know what options are, how to price them and I'm aware of the different trading strategies involved with options trading but I realize that I don't really know what a day in the life of an options trader is like... which forced me to dodge the question the interviewer asked me :whistling

Could you enlighten me on what an options trader has to do (analyzing options prices, establishing trading strategies...) knowing that I applied to a prop-firm that is a market-maker?

Also, that last sentence brings me to ask another question: how can a trading firm be proprietary and market-maker at the same time knowing that a prop-firm usually involves high risk trading and market-maker is supposed to be the opposite?

Thanks a lot :cheesy:


--------------------
-------------------------------------------------------------------------------------------
AdGuru.org is a current happenings discussions board for Information Technology, News and Fun
visit: www.adguru.org
Go to the top of the page
 
+Quote Post

Fast ReplyReply to this topicStart new topic
Tags
No Tag inserted yet

1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



RSS Lo-Fi Version Time is now: 21st November 2009 - 03:58 PM
Your Ad Here