Mehtaab SawhneyAnother poster answered and then deleted his answer to point out that this problem is solved in Lemma 11 of Cycles of a given length in tournaments! (On reflection, I have removed this poster's name since they choose to self-delete, but I hope they will identify themselves and claim the credit; this is useful!) The largest operator norm is always achieved by the matrix which is $1$'s above the diagonal and $-1$'s below it. (As well as by the many other matrices which are conjugate to this one by signed permutation matrices.)