As of September 01, 2026, the average annual salary for option trader in Illinois is $97,429, equivalent to $47 per hour, $1,874 weekly, or $8,119 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for option trader in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for option trader in Illinois vary widely, spanning from $53,438 to $126,246. Most professionals fall between the 25th percentile ($74,402) and 75th percentile ($112,513), while top earners (90th percentile) make $126,246 per year. This $38,111 pay gap underscores opportunities for salary growth through certifications, specialized skills like or , 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 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 $53,438 IL September 01, 2026
25th Percentile option trader Salary $74,402 IL September 01, 2026
50th Percentile option trader Salary $97,429 IL September 01, 2026
75th Percentile option trader Salary $112,513 IL September 01, 2026
90th Percentile option trader Salary $126,246 IL September 01, 2026
25% $74,402 10% $53,438 90% $126,246 75% $112,513 $97,429 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 $97,403 Date Updated September 01, 2026
Location Mount Prospect, IL Avg. Salary $96,069 Date Updated September 01, 2026
Location Abingdon, IL Avg. Salary $88,773 Date Updated September 01, 2026
Location Adair, IL Avg. Salary $88,558 Date Updated September 01, 2026
Location Addieville, IL Avg. Salary $89,884 Date Updated September 01, 2026
Location Addison, IL Avg. Salary $96,232 Date Updated September 01, 2026
Location Akin, IL Avg. Salary $88,496 Date Updated September 01, 2026
Location Albany, IL Avg. Salary $88,676 Date Updated September 01, 2026
Location Albers, IL Avg. Salary $90,005 Date Updated September 01, 2026
Location Albion, IL Avg. Salary $88,116 Date Updated September 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:

    Senior Trader

    4 - 7 years experience
    Bachelor's Degree

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