Iron Condor Specialist (Remote, Funded Options Trader) — Seattle, WA
Maverick Trading
An iron condor specialist at Maverick runs a focused book of defined-risk, range-bound options structures — primarily iron condors, with occasional double diagonals or butterflies when the volatility environment calls for them. The discipline is narrow on purpose: traders who do one thing well, repeatedly, with strict management rules, are exactly the profile we fund.
Seattle, WA
Seattle is home to Amazon, Microsoft, Boeing, and a financial industry built around those anchor employers. Russell Investments is headquartered in the metro, and a meaningful asset-management presence has grown around the tech wealth concentration. Pacific Time means a 6:30am market open. Washington has no state income tax.
What you’ll trade
Iron condors on SPX, NDX, RUT, and a watchlist of high-liquidity ETFs and large-cap names. Cycle selection is typically 30–60 days to expiration; some traders also run a weekly book on indices. Strike selection is delta-based, not arbitrary, and follows a documented framework.
Risk framework
Iron condors lose worst in fast, one-directional moves and in vol spikes. Maverick caps max loss per cycle, total open-cycle risk, and concentration in any single underlying. We don't size for a normal market; we size for the bad months, knowing they show up roughly once a year.
Why Maverick funds this role
Iron condors are one of the most popular retail options strategies — and one of the most consistently mismanaged. Maverick funds traders who do this strategy professionally: with proper sizing, disciplined adjustments, and the math worked out across the full distribution of outcomes, not just the best case.
- Traders who already have a rule-based iron condor framework and can articulate every decision in it
- People who can sit through tested strikes without flinching out of position
- Candidates comfortable with a strategy that wins often but takes occasional larger losses
- Traders who track win rate, average win, and average loss separately — not just net P&L
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