As of April 01, 2025, the average annual salary for a Trader (Options) in Irvington, NJ is $83,086. According to Salary.com, salaries can range from a low of $52,955 to a high of $106,886, with most professionals earning between $67,314 and $95,544.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $84,373 | $7,031 | $1,623 | $41 |
| Average | $73,372 | $6,114 | $1,411 | $35 |
| 25th Percentile | $59,444 | $4,954 | $1,143 | $29 |
An entry-level Trader (Options) with under 1 year experience makes about $76,809. With less than 2 years of experience, a mid-level Trader (Options) makes around $77,273. After 2-4 years, the Trader (Options) pay rises to about $80,288. Those senior Trader (Options) with 5-8 years of experience earn roughly $86,501, and those Trader (Options) having 8 years or more experience are expected to earn about $88,337 on average.
| Levels | Salary |
|---|---|
| Entry Level Trader (Options) | $76,809 |
| Intermediate Level Trader (Options) | $77,273 |
| Senior Level Trader (Options) | $80,288 |
| Specialist Level Trader (Options) | $86,501 |
| Expert Level Trader (Options) | $88,337 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 9% |
| Top Level | 18% |
| Experienced | 20% |
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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.
Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
Data Entry: Transcribing information into an electronic medium such as a computer or other electronic device.
| Skill | Salary | Demand |
|---|---|---|
|
Listening
|
$95,549 |
15%
|
|
CFA
|
$93,887 |
13%
|
|
Portfolio Management
|
$92,225 |
11%
|
|
Technical Analysis
|
$92,225 |
11%
|
|
Programming
|
$91,395 |
10%
|
|
Team Operations
|
$91,395 |
10%
|
