NYMEX / Options Natural Gas Trader

NYMEX Natural Gas / Options Trader

Location: Houston, TX

Overview

We are seeking an experienced NYMEX Natural Gas & Options Trader to join a dynamic energy trading team in Houston. This individual will be responsible for managing and growing a proprietary trading portfolio focused on NYMEX natural gas futures and options, identifying opportunities across the natural gas curve, and generating consistent risk-adjusted returns. The ideal candidate will possess a strong understanding of North American natural gas fundamentals, derivatives markets, volatility trading, and portfolio risk management.

Key Responsibilities

• Develop and execute directional, spread, volatility, and options-based trading strategies across NYMEX natural gas products.
• Analyze fundamental market drivers, including supply and demand balances, storage trends, weather patterns, LNG exports, pipeline flows, and power market dynamics.
• Identify and capitalize on opportunities in volatility, skew, term structure, and event-driven market dislocations.
• Manage portfolio risk and maintain positions within approved limits and risk parameters.
• Monitor market developments and adjust trading strategies to changing conditions.
• Collaborate closely with quantitative, analytics, research, and commercial teams to generate differentiated trade ideas.
• Maintain detailed reporting of positions, P&L, risk exposures, and strategy performance.
• Contribute to the enhancement of trading models, analytics, and market intelligence capabilities.

Qualifications

• 5-15 years of experience trading NYMEX natural gas futures and/or options.
• Demonstrated track record of generating profitable trading results and managing risk effectively.
• Deep knowledge of North American natural gas markets and key fundamental drivers.
• Strong understanding of options pricing, volatility analysis, Greeks, and derivatives risk management.
• Ability to thrive in a fast-paced, performance-driven trading environment.
• Excellent analytical, quantitative, and decision-making skills.
• Proficiency with industry trading and market data platforms such as CME Direct, ICE, Bloomberg, Enverus, or equivalent systems.
• Bachelor's degree in Finance, Economics, Engineering, Mathematics, or a related discipline.

Preferred Qualifications

• Experience trading across the forward natural gas curve and multiple option structures.
• Knowledge of physical natural gas markets, basis dynamics, and regional market fundamentals.
• Experience using Python, VBA, or other analytical tools to support trading decisions and strategy development.
• Advanced degree or professional certifications are a plus.