Vertical Spread Options Trader (Remote, Funded) — San Francisco, CA

A vertical spread options trader at Maverick uses debit and credit verticals as the primary expression of trade ideas — directional views via debit spreads, range-bound or income views via credit spreads. The strategy is simple by design: defined risk, defined reward, no naked short legs, and a clean structure to size and manage.

San Francisco, CA: San Francisco hosts the largest concentration of asset management on the West Coast — Black Rock has its tech operations here, Wells Fargo is headquartered in the city, and Charles Schwab is headquartered in nearby Westlake. The technology industry overlap matters for traders focused on tech equities. Pacific Time means a 6:30am market open.

What you’ll trade: Vertical spreads across single‑name US equity options and index options. Debit spreads for directional trades on liquid mid- and large-caps. Credit spreads (bull put, bear call) for range and income views. We do not run unlimited-risk structures from this role.

Risk framework: Vertical spreads cap loss at the width of the spread minus the premium received (credit) or paid (debit). That defined-risk feature is the role's main attraction. Maverick still caps per-position notional, total open vertical risk, and correlation across positions.

Why Maverick funds this role: Verticals are the cleanest first professional options strategy. Maverick funds traders here both as a primary role for traders specializing in spreads and as a stepping-stone for traders developing into more complex options strategies.

Traders who prefer the simplicity of a defined structure over complex multi‑leg combinations People who want options exposure without the complexity of naked premium or calendars Candidates new to professional options trading — verticals are an excellent foundation role Traders who can resist widening spreads to chase higher premium or trade larger size