Remote Funded Vertical Spread Options Trader — Detroit, MI
Detroit, MI
Maverick Trading
Defined-risk directional and neutral verticals on US equity options.
ET-aligned, dramatically low cost of living, and a financial industry being rebuilt around Rocket and the auto majors' finance arms.
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.
Trading from 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.
Local ecosystem: GM HQ, Ford HQ nearby, Stellantis NA HQ, Rocket Companies; University of Michigan in nearby Ann Arbor.
Time zone: ET — the NYSE opens at 9:30am local for traders based in Detroit.
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.
Day-to-Day
- Morning: review existing positions, identify those approaching short-strike tests or profit targets
- Scan for new entries against a directional or neutral thesis — supported by chart, fundamentals, or both
- Execute spreads as a single order with limit pricing; never leg into a vertical
- Manage to mechanical rules: take profit at defined fraction of max gain, close at defined loss multiple
Risk Profile
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.
Who Succeeds in This Role
- 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
Why This Role Exists at Maverick
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.
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.