Options Income Trader (Remote, Funded) — Minneapolis, MN
Lakeville, Dakota County, Minnesota, 55044, USA
Listed on 2026-08-16
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Finance & Banking
Trading - Equity / Derivatives / Quantitative, Banking & Finance
Minneapolis, MN:
Minneapolis hosts the Federal Reserve Bank of Minneapolis, U.S. Bancorp, Ameriprise Financial, and Thrivent Financial. The financial-services labor market is among the deepest in the Midwest, and Central Time alignment with US markets is clean.
What you'll trade:Credit spreads on liquid US equities and ETFs, cash-secured puts on names the trader would be willing to own, and covered calls on equity positions held in the firm's book. Trades are sized based on max-loss, not premium collected. Underlyings must clear liquidity screens - wide bid-ask spreads are an automatic disqualifier.
Risk framework:Premium-selling looks profitable until it isn't. Maverick's risk framework caps max loss per spread, total notional exposure, and beta-weighted portfolio delta. Tail-risk events (8 sigma moves) are anticipated, not denied - we expect a few rough months a year and size so they don't end careers.
Why Maverick funds this role:Premium-selling done right is one of the most consistent income strategies in markets - and one of the easiest to ruin with bad sizing. Maverick built this role around traders who already think in probabilities and want firm capital deployed against a strategy that pays steady cash flow when risk is managed. The 65-90% profit split applies to net P&L after the inevitable rough months.
- Traders who understand 'probability of profit' is not the same as 'expected return'
- People who can follow mechanical management rules without overriding them mid-trade
- Candidates with a quantitative mindset - comfortable thinking in distributions
- Traders who don't need every position to win to feel like the strategy is working
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