A covered call strategist at Maverick runs an income overlay on firm equity holdings. The role isn't about picking the next moonshot stock — it's about managing a portfolio of quality names and systematically generating premium against them. Done well, the strategy compounds an equity portfolio's return without taking on the open-ended risk of naked short calls.

San Jose, CA:

San Jose and the broader Silicon Valley host the largest concentration of technology talent in the world. For a trader specializing in tech equities, the proximity to product launches, customer conversations, and the engineers behind the names you trade is a real informational advantage. Pacific Time means a 6:30am market open.

What you’ll trade:

Covered calls on firm-held equity positions, predominantly large-cap dividend-paying names and quality growth stocks. Some traders also run cash-secured puts on names they would be willing to own — the 'wheel' approach — to enter equity positions at a discount.

Risk framework:

Covered calls cap upside on the underlying — that's the trade. The risk is leaving large gains on the table when overwritten strikes are blown through. Maverick traders manage this by tiered coverage (only writing against a portion of a position) and by sizing call strikes based on the underlying's expected move and the trader's directional view.

Why Maverick funds this role:

Covered call programs are a legitimate institutional strategy run by major asset managers. The retail version is often poorly executed — wrong strikes, wrong sizing, wrong expirations. Maverick funds traders who run the strategy with institutional discipline against firm capital.

Traders who already think in portfolio terms — not single-position P& L
People comfortable with a strategy whose returns are bounded but steady
Candidates with a value-investing or income-investing background
Traders who can resist the urge to chase higher premium by selling deep-ITM or far-OTM calls

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