As of April 01, 2025, the average annual salary for a Senior Options Trader in Detroit, MI is $111,900. Salary.com reports that pay typically ranges from $89,900 to $128,200, with most professionals earning between $69,870 and $143,040.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $128,200 | $10,683 | $2,465 | $62 |
| Average | $111,900 | $9,325 | $2,152 | $54 |
| 25th Percentile | $89,900 | $7,492 | $1,729 | $43 |
An entry-level Senior Options Trader with under 1 year experience makes about $100,238. With less than 2 years of experience, a mid-level Senior Options Trader makes around $101,850. After 2-4 years, the Senior Options Trader pay rises to about $105,075. Those senior Senior Options Trader with 5-8 years of experience earn roughly $109,911, and those Senior Options Trader having 8 years or more experience are expected to earn about $115,882 on average.
| Levels | Salary |
|---|---|
| Entry Level Senior Options Trader | $100,238 |
| Intermediate Level Senior Options Trader | $101,850 |
| Senior Level Senior Options Trader | $105,075 |
| Specialist Level Senior Options Trader | $109,911 |
| Expert Level Senior Options Trader | $115,882 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 6% |
| Top Level | 2% |
| Experienced | 4% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
Portfolio Management: Portfolio management is the selection, prioritisation and control of an organisation's programmes and projects. The goal is to balance the implementation of change initiatives and the maintenance of business-as-usual, while optimising ROI.
| Skill | Salary | Demand |
|---|---|---|
|
Capital Market
|
$128,685 |
15%
|
|
Team Operations
|
$128,685 |
15%
|
|
Organizing
|
$126,447 |
13%
|
|
Client Service
|
$123,090 |
10%
|
|
Analytical Skills
|
$121,971 |
9%
|
|
Verbal Communication
|
$120,852 |
8%
|
