Remote Funded Dividend Capture Trader — Sacramento, CA
Sacramento, CA
Maverick Trading
Capture-the-dividend strategies on US equities, layered with option overlays.
PT-aligned, more affordable than the Bay Area, and home to the largest US public pension.
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 Sacramento, CA
Sacramento is California's state capital and hosts CalPERS (the largest US public pension fund). The financial industry is meaningful — anchored by CalPERS and a strong state-government economy — and Pacific Time alignment is identical to the rest of the state.
Local ecosystem: CalPERS HQ; UC Davis; state government.
Time zone: PT — the NYSE opens at 6:30am local for traders based in Sacramento.
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.