Remote Funded Vertical Spread Options Trader — Milwaukee, WI
Milwaukee, WI
Maverick Trading
Defined-risk directional and neutral verticals on US equity options.
CT-aligned, low cost of living, and a quietly strong financial-services labor market.
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 Milwaukee, WI
Milwaukee hosts Northwestern Mutual's headquarters, Robert W. Baird (one of the largest middle-market investment banks), and Fiserv. The financial-services labor market is stronger than the metro's size suggests, and Central Time alignment with US markets is clean.
Local ecosystem: Northwestern Mutual HQ, Baird HQ, Fiserv HQ; Marquette, UW-Milwaukee.
Time zone: CT — the NYSE opens at 8:30am local for traders based in Milwaukee.
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.