As of July 01, 2026, the average annual salary for option trader in Memphis, TN is $87,744, equivalent to $42 per hour, $1,687 weekly, or $7,312 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 Memphis, TN vary widely, spanning from $61,778 to $112,360. Most professionals fall between the 25th percentile ($74,152) and 75th percentile ($100,629), while top earners (90th percentile) make $112,360 per year. This $26,477 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, Memphis option trader often earn 0.1% lower than national averages. However, Memphis currently ranks 621 statewide 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 $61,778 Memphis, TN July 01, 2026
25th Percentile option trader Salary $74,152 Memphis, TN July 01, 2026
50th Percentile option trader Salary $87,744 Memphis, TN July 01, 2026
75th Percentile option trader Salary $100,629 Memphis, TN July 01, 2026
90th Percentile option trader Salary $112,360 Memphis, TN July 01, 2026
25% $74,152 10% $61,778 90% $112,360 75% $100,629 $87,744 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...

Source: (as of 06/04/2025). Read more from

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Job Openings for option trader in Memphis, TN

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

Understand the total compensation opportunity for An option trader, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
74152
100629
87744

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85977
119178
104245
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of option trader in Memphis, TN. The base salary for option trader ranges from $74,152 to $100,629 with the average base salary of $87,744. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,977 to $119,178 with the average total cash compensation of $104,245.

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74152
100629

 

About Memphis, Tennessee    Memphis is a city located along the Mississippi River in southwestern Shelby County, Tennessee, United States. The 2017 city population was 652,236, m....More

Memphis, Tennessee  area prices were up 1.3% from a year ago

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