Iron Condor Specialist (Remote, Funded Options Trader) — San Antonio, TX
Dallas, Dallas County, Texas, 75201, USA
Listed on 2026-08-16
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Finance & Banking
Financial Analyst, Financial Advisor / Consultant, Banking & Finance
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.
San Antonio, TX: San Antonio is anchored by USAA — one of the largest financial-services employers in the country — plus a growing cluster of insurance and asset-management operations. Central Time gives the metro clean alignment with US markets, and the cost of living is among the lowest of any major Texas city.
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
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