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About
Derek Schoonhoven is an Options Trader at Belvedere Trading, LLC, based in Chicago, Illinois, with a verified professional record as of 2018. In his current role, he specializes in trading listed options, primarily focusing on index derivatives, with a notable focus on the S&P 500 (SPX) and related market segments.
Derek brings over a decade of expertise in options trading, having previously served as Senior Options Trader, SPX at both MDF Trading and Toro Capital Management LLC, where he was responsible for managing risk and market-making activities in index options. His core strengths include volatility analysis, directional risk management, and implementing complex options strategies across U.S. equity index products.
Widely recognized within his field for his deep knowledge of the index options market, Derek has contributed to the growth and efficiency of trading desks at established proprietary trading firms. Although there is no publicly available education data, his consistent career progression and specialized focus underscore his expertise in U.S. equity index derivatives and option market-making.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Belvedere Trading, LLC | Options Trader | Mar 2018 to Present | — |
| MDF Trading | Senior Options Trader, SPX | Aug 2016 to Mar 2017 | — |
| Toro Capital Management LLC | Senior Options Trader, SPX | May 2011 to Aug 2016 | — |
| Allied Capital | Founding Partner, Options Trader, SPX | May 2010 to May 2011 | — |
| Precision Capital LLC | Founding Partner, Options Trader, SPX | Apr 2007 to May 2010 | — |
Others at Belvedere Trading LLC (67)
| Name | Role | Location |
|---|---|---|
A Aaron Groff | Quantitative Trader | Chicago, IL , United States |
| Futures Trader | Chicago, IL , United States | |
| Portfolio Manager | Chicago, IL , United States | |
| Jr Hybrid Trader | Chicago, IL , United States | |
A Andrew Braun | Senior Trader | Bartlett, IL , United States |
| Quant R and D Manager | Chicago, IL , United States | |
B Brian Standerfer | ETF and Delta One Trading | New York, NY , United States |
| Derivatives Trader | Chicago, IL , United States | |
C Charlie Burgoon | Senior Trader ~ S and P 500 Derivatives | Chicago, IL , United States |
C Chris Snow | Derivatives Trader | Chicago, IL , United States |