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Options trader vs day trader

The differences between options traders and day traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a day trader has an average salary of $116,895, which is higher than the $110,139 average annual salary of an options trader.

The top three skills for an options trader include FX, stock options and equities. The most important skills for a day trader are technical analysis, equities, and market trends.

Options trader vs day trader overview

Options TraderDay Trader
Yearly salary$110,139$116,895
Hourly rate$52.95$56.20
Growth rate10%10%
Number of jobs1,4333,812
Job satisfaction-5
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 68%
Average age4343
Years of experience--

Options trader vs day trader salary

Options traders and day traders have different pay scales, as shown below.

Options TraderDay Trader
Average salary$110,139$116,895
Salary rangeBetween $65,000 And $185,000Between $68,000 And $198,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyThe Citadel-
Best paying industryFinance-

Differences between options trader and day trader education

There are a few differences between an options trader and a day trader in terms of educational background:

Options TraderDay Trader
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 68%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Options trader vs day trader demographics

Here are the differences between options traders' and day traders' demographics:

Options TraderDay Trader
Average age4343
Gender ratioMale, 90.8% Female, 9.2%Male, 90.5% Female, 9.5%
Race ratioBlack or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% American Indian and Alaska Native, 0.2%Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.5% Asian, 12.4% White, 66.3% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between options trader and day trader duties and responsibilities

Options trader example responsibilities.

  • Enact, and manage equity block desk operation and set up floor broker network on NYSE.
  • Create VBA applications to automate basic trading functions and administration functions such as reorganization tenders and trade pricing issues.
  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Trade options profitably on screen markets and trade complex option spreads via telephone brokers at the CBOE and CME.
  • Experience in communicating and executing derivative arbitrage opportunities, as well as communicating and executing trades fitting against an option position.
  • Research the SPX, DOW, and NASDAQ.
  • Show more

Day trader example responsibilities.

  • Day-Trade stocks on the NASDAQ and NYSE, and achieve positive returns through an analysis of trends base on moving averages.
  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Trade equities and derivatives for long term investment and short term trading purposes while utilizing proper risk management
  • Engage in market speculation of various commodities, rapid scalping of mini futures contracts & ETF's.
  • Perform a financial analysis, risk assessment of various publicly trade companies on the NYSE, NASDQ and CME.
  • Enter buy/sell orders for NASDAQ stocks
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Options trader vs day trader skills

Common options trader skills
  • FX, 32%
  • Stock Options, 17%
  • Equities, 11%
  • Stock Market, 5%
  • Risk Management Strategies, 3%
  • Equity Options, 3%
Common day trader skills
  • Technical Analysis, 15%
  • Equities, 10%
  • Market Trends, 6%
  • Fundamental Analysis, 6%
  • Global Financial Markets, 6%
  • Risk Management, 5%