Options Income Trader (Remote, Funded) — San Diego, CA

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.

San Diego, CA: San Diego has a smaller financial industry than LA or San Francisco but compensates with a strong biotech/pharma cluster, a thriving tech sector around Sorrento Valley, and one of the most attractive lifestyle profiles in the country. Pacific Time means a 6:30am market open and an early-afternoon close - many of our San Diego traders explicitly chose the city for that rhythm.

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