What Does an Options Trader Do? Roles And Responsibilities - Zippia (2024)

The annual salary of commodity brokers is $46,822 lower than the average salary of options traders.While the two careers have a salary gap, they share some of the same responsibilities. Employees in both options trader and commodity broker positions are skilled in equities, derivative, and financial markets.

These skill sets are where the common ground ends though. The responsibilities of an options trader are more likely to require skills like "fx," "training programs," "stock options," and "stock market." On the other hand, a job as a commodity broker requires skills like "commodities," "market analysis," "risk management," and "client accounts." As you can see, what employees do in each career varies considerably.

commodity brokers really shine in the finance industry with an average salary of $89,520. Comparatively, options traders tend to make the most money in the finance industry with an average salary of $118,188.commodity brokers tend to reach similar levels of education than options traders. In fact, commodity brokers are 3.0% less likely to graduate with a Master's Degree and 0.1% more likely to have a Doctoral Degree.

A career as a foreign exchange trader brings a higher average salary when compared to the average annual salary of an options trader. In fact, foreign exchange traders salary is $4,994 higher than the salary of options traders per year.While the salary may differ for these jobs, they share a few skills needed to perform their duties. Based on resume data, both options traders and foreign exchange traders have skills such as "equities," "derivative," and "technical analysis. "

In addition to the difference in salary, there are some other key differences worth noting. For example, options trader responsibilities are more likely to require skills like "fx," "training programs," "stock options," and "stock market." Meanwhile, a foreign exchange trader has duties that require skills in areas such as "manage risk," "foreign exchange products," "foreign currency transactions," and "swaps." These differences highlight just how different the day-to-day in each role looks.

foreign exchange traders may earn a higher salary than options traders, but foreign exchange traders earn the most pay in the finance industry with an average salary of $118,788. On the other hand, options traders receive higher pay in the finance industry, where they earn an average salary of $118,188.In general, foreign exchange traders achieve similar levels of education than options traders. They're 3.3% more likely to obtain a Master's Degree while being 0.1% less likely to earn a Doctoral Degree.

On average scale, energy derivatives traders bring in higher salaries than options traders. In fact, they earn a $7,331 higher salary per year.Using the responsibilities included on options traders and energy derivatives traders resumes, we found that both professions have similar skill requirements, such as "equities," "equity options," and "derivative.rdquo;

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from options trader resumes include skills like "fx," "training programs," "stock options," and "stock market," whereas an energy derivatives trader is more likely to list skills in "futures contracts," "interest rates," "fixed income," and "foreign exchange. "

energy derivatives traders make a very good living in the agriculture industry with an average annual salary of $116,251. On the other hand, options traders are paid the highest salary in the finance industry, with average annual pay of $118,188.When it comes to education, energy derivatives traders tend to earn higher degree levels compared to options traders. In fact, they're 7.6% more likely to earn a Master's Degree, and 0.4% more likely to graduate with a Doctoral Degree.