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About
Michael Pitts is an Options Trader at Belvedere Trading, LLC, based in Raymond, NH, where he specializes in trading equity index and commodity options. At Belvedere Trading, a leading proprietary trading firm, Michael focuses on the analysis and execution of sophisticated options strategies across equity indices and commodities, leveraging quantitative skills within fast-paced financial markets.
Prior to joining Belvedere Trading in August 2023, Michael gained analytical experience as a Statistics Research Student at Amherst College and demonstrated leadership and decision-making as an Ice Hockey Official with USA Hockey. His diverse background in research and officiating has contributed to his strong analytical abilities and rational risk management integral to derivatives trading.
Michael holds a Bachelor of Arts in Statistics, Computer Science, and Economics from Amherst College and is an alum of Phillips Exeter Academy and North Yarmouth Academy. His expertise spans data analysis, financial modeling, and quantitative research, providing a solid foundation for specializing in the options trading sector, particularly within equity index and commodity asset classes.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Belvedere Trading, LLC | Options Trader | Aug 2023 to Present | — |
| Amherst College | Statistics Research Student | Jun 2022 to May 2023 | Selected for completion of a senior thesis in Statistics. Completed the Gregory S. Call Research Program over Summer 2022 in preparation for the year-long undergraduate thesis program. |
| USA Hockey | Ice Hockey Official | Aug 2020 to Apr 2023 | — |
| Paytronix Systems | Data Analyst | Jun 2022 to Aug 2022 | — |
| Clear Sight Analytics | Data Science Intern | Apr 2021 to Apr 2022 | — |
| Amherst College | Statistics Research Assistant | Jun 2021 to Aug 2021 | Selected to complete Amherst College's Summer Undergraduate Research Program (SURF) in Statistics. |
| CK Hockey LLC | Hockey Tournament Director | May 2019 to Sep 2020 | — |
Education
Amherst College
Bachelor of Arts - BA, Statistics, Computer Science, and Economics
Phillips Exeter Academy
North Yarmouth Academy
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 |
