Iron Condor Specialist (Remote, Funded Options Trader) — Houston, TX
Corpus Christi, Nueces County, Texas, 78401, USA
Listed on 2026-08-16
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Finance & Banking
Financial Analyst, Banking & Finance, Trading - Equity / Derivatives / Quantitative, Economics
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.
Houston, TX:Houston's financial industry is built around the energy sector — most of the country's E&P, midstream, and oilfield services giants are headquartered here. For a trader, that means useful proximity to the largest concentration of energy‑sector decision‑makers in the world and a city where understanding commodity‑driven equity moves is part of the local culture. Central Time alignment with US markets makes the schedule clean.
Whatyou'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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