As of March 01, 2026, the average annual salary for option trader in Illinois is $81,181, equivalent to $39 per hour, $1,561 weekly, or $6,765 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for option trader in cities like Santa Clara, San Jose, and Fremont.

Annually Salaries for option trader in Illinois vary widely, spanning from $62,612 to $98,266. Most professionals fall between the 25th percentile ($71,462) and 75th percentile ($90,124), while top earners (90th percentile) make $98,266 per year. This $18,662 pay gap underscores opportunities for salary growth through certifications, specialized skills like Analysis or Capital Market, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Illinois option trader often earn 1.9% higher than national averages due to demand from Fortune 21 companies. However, Illinois currently ranks 14 nationwide for option trader job salary. Professionals are advised to focus on high-growth sectors like Financial Services to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
option trader Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile option trader Salary $62,612 IL March 01, 2026
25th Percentile option trader Salary $71,462 IL March 01, 2026
50th Percentile option trader Salary $81,181 IL March 01, 2026
75th Percentile option trader Salary $90,124 IL March 01, 2026
90th Percentile option trader Salary $98,266 IL March 01, 2026
25% $71,462 10% $62,612 90% $98,266 75% $90,124 $81,181 50%(Median) Didn’t find job title? Click
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What is An option trader ?

An options trader is responsible for buying and selling options contracts to capitalize on market movements. This role involves analyzing market trends, evaluating risk, and developing trading strategies to maximize profits. Options traders must possess strong analytical skills, a deep understanding of financial markets, and the ability to make quick decisions under pressure. They often work in fast-paced environments, collaborating with other traders and financial analysts. The salary for options traders can vary significantly based on experience, location, and the size of the firm, with entr...

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $87,300 Date Updated March 01, 2026
Location Mount Prospect, IL Avg. Salary $86,996 Date Updated March 01, 2026
Location Abingdon, IL Avg. Salary $79,410 Date Updated March 01, 2026
Location Adair, IL Avg. Salary $79,849 Date Updated March 01, 2026
Location Addieville, IL Avg. Salary $80,947 Date Updated March 01, 2026
Location Addison, IL Avg. Salary $86,996 Date Updated March 01, 2026
Location Akin, IL Avg. Salary $79,511 Date Updated March 01, 2026
Location Albany, IL Avg. Salary $78,894 Date Updated March 01, 2026
Location Albers, IL Avg. Salary $80,947 Date Updated March 01, 2026
Location Albion, IL Avg. Salary $77,053 Date Updated March 01, 2026
Job Openings for option trader in Illinois

Career Path for this job

  1. This Job:

    option trader

    2 - 4 years experience
    Bachelor's Degree

  2. Up a level:

    Trader (Options), Sr.

    4 - 7 years experience
    Bachelor's Degree

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Jobs with a similar salary range to option trader : Options Trader