Covered Call Strategist (Remote, Funded Options Trader) — Sacramento, CA

A covered call strategist at Maverick runs an income overlay on firm equity holdings. The role isn't about picking the next moonshot stock — it's about managing a portfolio of quality names and systematically generating premium against them. Done well, the strategy compounds an equity portfolio's return without taking on the open-ended risk of naked short calls.

Sacramento, CA: Sacramento is California's state capital and hosts CalPERS (the largest US public pension fund). The financial industry is meaningful — anchored by CalPERS and a strong state-government economy — and Pacific Time alignment is identical to the rest of the state.

What you’ll trade: 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.

Risk framework: 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.

Why Maverick funds this role: 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