Remote Funded Dividend Capture Trader — Los Angeles, CA
Los Angeles, CA
Maverick Trading
Capture-the-dividend strategies on US equities, layered with option overlays.
Trade the open from California, be done by lunch — the time zone trade is one of the cleanest in the country.
A dividend capture trader at Maverick runs a systematic program of buying high-yield US equities before ex-dividend dates and managing the position to capture the dividend while controlling the post-dividend price adjustment. Layered options overlays (covered calls, protective puts) can improve the risk-adjusted return of the base strategy.
Trading from Los Angeles, CA
Los Angeles is the second-largest financial center in the country by a number of measures — Capital Group, TCW, PIMCO, Oaktree, and dozens of independent funds are headquartered in the LA/Pasadena/Newport Beach corridor. Pacific Time means the market opens before most of LA wakes up; the trade-off is a clean afternoon free by 1pm. Many of our West Coast traders prefer this rhythm explicitly.
Local ecosystem: UCLA Anderson, USC Marshall, Caltech, and a deep entertainment-finance ecosystem.
Time zone: PT — the NYSE opens at 6:30am local for traders based in Los Angeles.
What You'll Trade
US dividend-paying equities meeting minimum yield, market cap, and liquidity criteria — typically large-cap dividend payers and high-quality REITs. Some variants of the strategy extend to preferred shares and dividend-focused ETFs.
Day-to-Day
- Maintain a forward calendar of ex-dividend dates across the watchlist
- Position into ex-dividend cycles with sizing that accounts for the post-ex price adjustment
- Layer covered calls or protective puts where the IV environment supports it
- Exit on rule-based triggers: capture the dividend, manage the residual position to a defined criterion
Risk Profile
The naive version of dividend capture loses money because the stock typically drops by the dividend amount. The professional version manages position-level risk on the residual price exposure — that's where the actual edge lives, not in the dividend itself. Maverick traders are sized accordingly.
Who Succeeds in This Role
- Traders with patience for a slower-rhythm strategy
- People comfortable with strict rule-based entries and exits
- Candidates who understand that the dividend itself is not edge — the residual price management is
- Traders who can run a calendar-driven strategy without overtrading in quiet periods
Why This Role Exists at Maverick
Dividend capture is a niche strategy that works when executed with discipline and proper position sizing. Maverick funds it because it diversifies the firm's book away from pure directional or pure vol strategies.
What Maverick Offers
- Trade firm capital — no personal capital at risk
- 65%–90% profit split based on performance tier
- Performance-based capital scaling, no upper cap
- Professional training and mentorship from active traders
- Fully remote — trade from anywhere with reliable internet (US applicants)
- Monthly ACH payouts
- No challenge accounts, no evaluations, no monthly fees
About Maverick Trading
Maverick Trading is a proprietary trading firm founded in 1997. We allocate firm capital to disciplined traders and scale buying power based on performance. We are not a brokerage, we do not run challenge accounts, and we do not sell evaluations. We profit only when our traders profit.