Trader

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. Long Beach, CA: Long Beach is part of the broader LA metro and home to the Port of Long Beach (one of the busiest in the country), a meaningful aerospace industry, and a growing tech sector. Pacific Time means a 6:30am market open. 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 #J-18808-Ljbffr