The three options market making teams provide competitive bid-ask quotes, manage inventory risk, and adjust pricing based on Greeks, volatility, and market conditions. The three options market taking teams identify mispricings, volatility opportunities, arbitrage setups, and directional trades to generate profitable execution ideas.
The options order book is built entirely from student quotes. Market-making teams will be assigned a small stock universe to encourage tight, competitive markets rather than wide quotes across too many names. Market-taking teams may trade only on the options markets created by the market makers, not on external or live option markets.