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Options Income Trader (Remote, Funded) — Detroit, MI

Maverick Trading

Detroit, MI
  • Remote job

An options income trader at Maverick generates cash flow by selling premium in a defined-risk framework. This is not naked option selling, and it is not a martingale strategy that blows up on a single bad week. The role is built for traders who think in terms of probability, expected value, and management rules over individual directional bets. Detroit, MI: Detroit's financial industry is anchored by the auto industry's corporate-finance operations — GM, Ford, and Stellantis are all headquartered in or near the metro. Rocket Companies (formerly Quicken Loans) has built a major financial-services hub downtown. Eastern Time alignment with the NYSE. What you\'ll trade: Credit spreads on liquid US equities and ETFs, cash-secured puts on names the trader would be willing to own, and covered calls on equity positions held in the firm\'s book. Trades are sized based on max-loss, not premium collected. Underlyings must clear liquidity screens — wide bid-ask spreads are an automatic disqualifier. Risk framework: Premium-selling looks profitable until it isn\'t. Maverick\'s risk framework caps max loss per spread, total notional exposure, and beta-weighted portfolio delta. Tail-risk events (8 sigma moves) are anticipated, not denied — we expect a few rough months a year and size so they don\'t end careers. Why Maverick funds this role: Premium-selling done right is one of the most consistent income strategies in markets — and one of the easiest to ruin with bad sizing. Maverick built this role around traders who already think in probabilities and want firm capital deployed against a strategy that pays steady cash flow when risk is managed. The 65–90% profit split applies to net P&L after the inevitable rough months. Traders who understand \'probability of profit\' is not the same as \'expected return\' People who can follow mechanical management rules without overriding them mid-trade Candidates with a quantitative mindset — comfortable thinking in distributions Traders who don\'t need every position to win to feel like the strategy is working #J-18808-Ljbffr Maverick Trading

Vacancy posted 7 hours ago
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