How much does a Trader (Options) make in New Jersey? The average Trader (Options) salary in New Jersey is $78,346 as of March 26, 2024, but the range typically falls between $63,485 and $90,115. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Trader (Options) Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Trader (Options) Salary $49,955 NJ March 26, 2024
25th Percentile Trader (Options) Salary $63,485 NJ March 26, 2024
50th Percentile Trader (Options) Salary $78,346 NJ March 26, 2024
75th Percentile Trader (Options) Salary $90,115 NJ March 26, 2024
90th Percentile Trader (Options) Salary $100,830 NJ March 26, 2024
25% $63,485 10% $49,955 90% $100,830 75% $90,115 $78,346 50%(Median) Didn’t find job title? Click
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What skills does a Trader (Options) need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

Data Entry: Transcribing information into an electronic medium such as a computer or other electronic device.

Analysis 4.25%
Business Administration 1.34%
Data Entry 0.99%
Others 93.42%

Job Description for Trader (Options)

Trader (Options) is responsible for the timely buying and selling of stock options. Reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Trader (Options) may provide input or develop financial models to mitigate risk and ensure profits. Requires a bachelor's degree in area of specialty or in a related area, and may require state licensure. Additionally, Trader (Options) typically reports to a manager or head of a unit/department. To be a Trader (Options) typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Trader (Options) in New Jersey

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $80,776 Date Updated March 26, 2024
Location Bergenfield, NJ Avg. Salary $82,206 Date Updated March 26, 2024
Location Bloomfield, NJ Avg. Salary $82,277 Date Updated March 26, 2024
Location East Brunswick, NJ Avg. Salary $80,705 Date Updated March 26, 2024
Location Hoboken, NJ Avg. Salary $83,492 Date Updated March 26, 2024
Location Irvington, NJ Avg. Salary $80,776 Date Updated March 26, 2024
Location Lakewood, NJ Avg. Salary $79,561 Date Updated March 26, 2024
Location Middlesex, NJ Avg. Salary $80,204 Date Updated March 26, 2024
Location Passaic, NJ Avg. Salary $82,277 Date Updated March 26, 2024
Location Union, NJ Avg. Salary $80,776 Date Updated March 26, 2024

Career Path for Trader (Options)

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Trader (Options), the first career path typically progresses to Foreign Exchange Trader III.

The second career path typically progresses to Trader (Options), Sr..

The third career path typically progresses to Trader (OTC) III.

Additionally, the fourth career path typically progresses to Trader (Corporate Bonds) III.

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Jobs with a similar salary range to Trader (Options) : Options Trader

Trader (Options) Salary in New Jersey
Trader (Options) Salary Graph, Regional Distribution and Summary