Iron Condor Specialist (Remote, Funded Options Trader) — Raleigh, NC

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.

Raleigh, NC: Raleigh is part of the Research Triangle — Raleigh, Durham, Chapel Hill — with NC State, Duke, and UNC anchoring a major biotech, pharma, and tech economy. The financial industry is growing rapidly with several asset managers relocating to the metro. Eastern Time alignment with the NYSE.

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