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The differences between options traders and senior energy traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior energy trader has an average salary of $114,420, 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 senior energy trader are risk management, portfolio management, and derivative.
| Options Trader | Senior Energy Trader | |
| Yearly salary | $110,139 | $114,420 |
| Hourly rate | $52.95 | $55.01 |
| Growth rate | 10% | 10% |
| Number of jobs | 1,433 | 19,680 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 78% |
| Average age | 43 | 43 |
| Years of experience | - | - |
Options traders are financial experts who work for large investment banks or private hedge fund companies to buy and sell stock options as well as manage complex capital investments for clients. These traders are required to create options contracts and develop forecasting models so that they can determine the optimal price to buy an option to maximize profit and minimize risk. They must assist head traders with client services to allow more trading revenue production. Options traders must also employ risk management strategies to minimize portfolio risk and increase their volume in trading.
A senior energy trader's main goal is to build financial models so that their company can buy and sell energy shares. They must be extremely experienced in the trading of shares in the NYSE and/or NASDAQ securities. They establish their company in the market and square off deals to ensure profit.
They deal with equities, stocks, and mutual funds.
Options traders and senior energy traders have different pay scales, as shown below.
| Options Trader | Senior Energy Trader | |
| Average salary | $110,139 | $114,420 |
| Salary range | Between $65,000 And $185,000 | Between $68,000 And $191,000 |
| Highest paying City | New York, NY | White Plains, NY |
| Highest paying state | New York | New York |
| Best paying company | The Citadel | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between an options trader and a senior energy trader in terms of educational background:
| Options Trader | Senior Energy Trader | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 78% |
| Most common major | Finance | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between options traders' and senior energy traders' demographics:
| Options Trader | Senior Energy Trader | |
| Average age | 43 | 43 |
| Gender ratio | Male, 90.8% Female, 9.2% | Male, 87.2% Female, 12.8% |
| Race ratio | Black 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, 11.4% Asian, 12.3% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |