Iron Condor Specialist (Remote, Funded Options Trader) — Detroit, MI
Detroit, Wayne County, Michigan, 48243, USA
Listed on 2026-08-16
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Finance & Banking
Financial Analyst, Banking & Finance
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.
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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