Vertical Spread Options Trader (Remote, Funded) — Boston, MA

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.

Boston, MA: Boston is the third-largest asset-management center in the US - Fidelity, State Street, MFS, Wellington, and Putnam are all headquartered here, and the mutual-fund industry as a category was largely invented in the city. Eastern Time alignment with the NYSE is clean, and the academic ecosystem (Harvard, MIT, Boston University) feeds the local quant-trader labor market.

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