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Best states for an options trader
- Rank 1 - 10
- 11 - 20
- 21 - 30
- 31 - 40
- 41 - 51
Options trader opportunities vary in different parts of the country. In order to help you determine the best states for options traders, we ranked all fifty states from best to worst for options traders.Turns out, the median salary for the highest 10% of options traders in America is $185,000.
New York is the best state for jobs for options traders, and Alabama is the worst. The most common pay in New York is $145,716, while the median pay in Alabama is $71,791.We found that New York is the best state for options trader jobs, whereas Alabama is the worst.
10 best states for options traders in 2025
1. New York
Total options trader jobs: 56 Average annual salary: $145,716 Lowest 10 percent earn: $93,000 Highest 10 percent earn: $226,000 Location Quotient: 3.552. Rhode Island
Total options trader jobs: 2 Average annual salary: $131,014 Lowest 10 percent earn: $82,000 Highest 10 percent earn: $207,000 Location Quotient: 1.343. Nevada
Total options trader jobs: 5 Average annual salary: $127,710 Lowest 10 percent earn: $80,000 Highest 10 percent earn: $203,000 Location Quotient: 1.954. New Hampshire
Total options trader jobs: 2 Average annual salary: $130,995 Lowest 10 percent earn: $83,000 Highest 10 percent earn: $206,000 Location Quotient: 0.935. Connecticut
Total options trader jobs: 9 Average annual salary: $124,312 Lowest 10 percent earn: $77,000 Highest 10 percent earn: $199,000 Location Quotient: 2.216. District of Columbia
Total options trader jobs: 2 Average annual salary: $123,930 Lowest 10 percent earn: $75,000 Highest 10 percent earn: $203,000 Location Quotient: 0.977. Michigan
Total options trader jobs: 6 Average annual salary: $110,495 Lowest 10 percent earn: $66,000 Highest 10 percent earn: $184,000 Location Quotient: 0.638. Ohio
Total options trader jobs: 10 Average annual salary: $106,981 Lowest 10 percent earn: $63,000 Highest 10 percent earn: $180,000 Location Quotient: 0.89. Delaware
Total options trader jobs: 0 Average annual salary: $126,904 Lowest 10 percent earn: $78,000 Highest 10 percent earn: $205,000 Location Quotient: 010. Texas
Total options trader jobs: 21 Average annual salary: $107,458 Lowest 10 percent earn: $63,000 Highest 10 percent earn: $180,000 Location Quotient: 0.84
Options trader jobsNear Columbus, OH
How Zippia determines the best states to be an options trader
You can read about how the best state rankings are calculated here.
Detailed list of the best states for an options trader
| Rank | State | Average salary | Lowest 10% earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | New York | $145,716 | $93,000 | 19,849,399 | 56 |
| 2 | Rhode Island | $131,014 | $82,000 | 1,059,639 | 2 |
| 3 | Nevada | $127,710 | $80,000 | 2,998,039 | 5 |
| 4 | New Hampshire | $130,995 | $83,000 | 1,342,795 | 2 |
| 5 | Connecticut | $124,312 | $77,000 | 3,588,184 | 9 |
| 6 | District of Columbia | $123,930 | $75,000 | 693,972 | 2 |
| 7 | Michigan | $110,495 | $66,000 | 9,962,311 | 6 |
| 8 | Ohio | $106,981 | $63,000 | 11,658,609 | 10 |
| 9 | Delaware | $126,904 | $78,000 | 961,939 | 0 |
| 10 | Texas | $107,458 | $63,000 | 28,304,596 | 21 |
| 11 | Georgia | $101,465 | $59,000 | 10,429,379 | 12 |
| 12 | West Virginia | $107,283 | $63,000 | 1,815,857 | 0 |
| 13 | New Mexico | $111,189 | $67,000 | 2,088,070 | 0 |
| 14 | Louisiana | $106,466 | $62,000 | 4,684,333 | 2 |
| 15 | Oklahoma | $104,931 | $62,000 | 3,930,864 | 2 |
| 16 | Utah | $97,274 | $59,000 | 3,101,833 | 4 |
| 17 | Illinois | $97,810 | $57,000 | 12,802,023 | 46 |
| 18 | Massachusetts | $98,728 | $60,000 | 6,859,819 | 12 |
| 19 | Vermont | $96,693 | $58,000 | 623,657 | 1 |
| 20 | Missouri | $98,175 | $58,000 | 6,113,532 | 5 |
| 21 | South Carolina | $95,750 | $55,000 | 5,024,369 | 4 |
| 22 | Kentucky | $96,237 | $56,000 | 4,454,189 | 2 |
| 23 | Maine | $96,974 | $59,000 | 1,335,907 | 0 |
| 24 | Minnesota | $97,564 | $58,000 | 5,576,606 | 3 |
| 25 | Pennsylvania | $91,724 | $54,000 | 12,805,537 | 12 |
| 26 | New Jersey | $99,312 | $59,000 | 9,005,644 | 3 |
| 27 | California | $94,560 | $57,000 | 39,536,653 | 41 |
| 28 | Maryland | $97,602 | $57,000 | 6,052,177 | 5 |
| 29 | Iowa | $88,145 | $52,000 | 3,145,711 | 6 |
| 30 | Wyoming | $94,758 | $58,000 | 579,315 | 0 |
| 31 | Montana | $96,197 | $60,000 | 1,050,493 | 0 |
| 32 | North Carolina | $91,901 | $53,000 | 10,273,419 | 6 |
| 33 | Arkansas | $92,343 | $54,000 | 3,004,279 | 0 |
| 34 | Florida | $88,288 | $50,000 | 20,984,400 | 19 |
| 35 | Tennessee | $83,874 | $48,000 | 6,715,984 | 7 |
| 36 | South Dakota | $89,284 | $55,000 | 869,666 | 0 |
| 37 | Hawaii | $98,372 | $64,000 | 1,427,538 | 0 |
| 38 | Mississippi | $89,587 | $51,000 | 2,984,100 | 0 |
| 39 | Oregon | $89,653 | $55,000 | 4,142,776 | 3 |
| 40 | Idaho | $82,845 | $50,000 | 1,716,943 | 2 |
| 41 | Nebraska | $79,814 | $48,000 | 1,920,076 | 5 |
| 42 | Arizona | $88,653 | $53,000 | 7,016,270 | 3 |
| 43 | Virginia | $89,420 | $51,000 | 8,470,020 | 8 |
| 44 | Alaska | $89,298 | $56,000 | 739,795 | 0 |
| 45 | Kansas | $86,399 | $51,000 | 2,913,123 | 1 |
| 46 | Indiana | $76,456 | $44,000 | 6,666,818 | 8 |
| 47 | North Dakota | $83,239 | $52,000 | 755,393 | 0 |
| 48 | Wisconsin | $78,510 | $46,000 | 5,795,483 | 5 |
| 49 | Washington | $85,823 | $52,000 | 7,405,743 | 3 |
| 50 | Colorado | $74,449 | $45,000 | 5,607,154 | 6 |
| 51 | Alabama | $71,791 | $40,000 | 4,874,747 | 2 |
Highest paying states for options traders
| Rank | State | Avg. Options Trader Salary |
|---|---|---|
| 1 | New York | $145,716 |
| 2 | Rhode Island | $131,014 |
| 3 | Nevada | $127,710 |
| 4 | New Hampshire | $130,995 |
| 5 | Connecticut | $124,312 |
| 6 | District of Columbia | $123,930 |
| 7 | Michigan | $110,495 |
| 8 | Ohio | $106,981 |
| 9 | Delaware | $126,904 |
| 10 | Texas | $107,458 |
| 11 | Georgia | $101,465 |
| 12 | West Virginia | $107,283 |
| 13 | New Mexico | $111,189 |
| 14 | Louisiana | $106,466 |
| 15 | Oklahoma | $104,931 |
| 16 | Utah | $97,274 |
| 17 | Illinois | $97,810 |
| 18 | Massachusetts | $98,728 |
| 19 | Vermont | $96,693 |
| 20 | Missouri | $98,175 |
| 21 | South Carolina | $95,750 |
| 22 | Kentucky | $96,237 |
| 23 | Maine | $96,974 |
| 24 | Minnesota | $97,564 |
| 25 | Pennsylvania | $91,724 |
| 26 | New Jersey | $99,312 |
| 27 | California | $94,560 |
| 28 | Maryland | $97,602 |
| 29 | Iowa | $88,145 |
| 30 | Wyoming | $94,758 |
| 31 | Montana | $96,197 |
| 32 | North Carolina | $91,901 |
| 33 | Arkansas | $92,343 |
| 34 | Florida | $88,288 |
| 35 | Tennessee | $83,874 |
| 36 | South Dakota | $89,284 |
| 37 | Hawaii | $98,372 |
| 38 | Mississippi | $89,587 |
| 39 | Oregon | $89,653 |
| 40 | Idaho | $82,845 |
| 41 | Nebraska | $79,814 |
| 42 | Arizona | $88,653 |
| 43 | Virginia | $89,420 |
| 44 | Alaska | $89,298 |
| 45 | Kansas | $86,399 |
| 46 | Indiana | $76,456 |
| 47 | North Dakota | $83,239 |
| 48 | Wisconsin | $78,510 |
| 49 | Washington | $85,823 |
| 50 | Colorado | $74,449 |
| 51 | Alabama | $71,791 |
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Updated January 8, 2025