Covered Call Strategist (Remote, Funded Options Trader) — Detroit, MI

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.

Covered calls on firm-held equity positions, predominantly large‑cap dividend‑paying names and quality growth stocks. Some traders also run cash‑secured puts on names they would be willing to own — the 'wheel' approach — to enter equity positions at a discount.

Covered calls cap upside on the underlying — that's the trade. The risk is leaving large gains on the table when overwritten strikes are blown through. Maverick traders manage this by tiered coverage (only writing against a portion of a position) and by sizing call strikes based on the underlying's expected move and the trader's directional view.

Covered call programs are a legitimate institutional strategy run by major asset managers. The retail version is often poorly executed — wrong strikes, wrong sizing, wrong expirations. Maverick funds traders who run the strategy with institutional discipline against firm capital.

• Traders who already think in portfolio terms — not single‑position P&L
• People comfortable with a strategy whose returns are bounded but steady
• Candidates with a value‑investing or income‑investing background
• Traders who can resist the urge to chase higher premium by selling deep‑ITM or far‑OTM calls