Most traders bet on where the market goes next. We don't. Calendar Club runs defined-risk options structures that profit from time decay and falling volatility — a trade can work while price simply holds its range.
Every position has a known maximum loss the moment it is opened. No surprises, no margin calls in the night.
We never need to call the top or the bottom. The structures profit from time decay and volatility, not a correct guess on direction.
Each strategy has written entry, management, and exit rules — built and stress-tested in backtesting before it is traded live.
A call-and-put double broken-wing butterfly with staggered expirations — the centrepiece of everything we do. It builds a defined-risk position on both sides of price, then lets time decay and falling volatility do the work while the underlying holds its range.
The "broken wing" is deliberate: it shapes the risk so the structure can often be opened for little cost, with the heavy losses engineered out of one side. Two staggered expirations create the twin profit zones — and the cushion to manage the trade as the calendar turns.
Phoenix Wing is the anchor — but markets change, and one structure can't fit every regime. Some profit from time decay; others harvest a fall in volatility, including the IV crush around earnings. Inner Circle members get the full toolkit, each with its own rules and walkthrough.
The call-and-put double broken-wing butterfly with staggered expirations. Defined risk on both sides, built to profit from time decay while price holds its range.
The flagship with an added protective wing. Trades a slice of profit for a hedged tail — for traders who want extra insurance against a violent move.
Out-of-the-money calendar spreads combined into a single structure — placed away from price to harvest decay and volatility across a wider range.
A butterfly structured for little to no net debit — the wings finance the body. Defined risk, minimal upfront outlay.
A butterfly that staggers expiration timing across its legs to harvest decay on a delay — squeezing more out of the calendar.
Quiet, choppy, or elevated volatility — there's a structure for the conditions in front of you, and a rule set for running it.
Get all five →A signal on its own is a guess you can't learn from. Membership gives you the full picture — the strategies, the daily read on the market, and live trade ideas as they happen — so you understand why, not just what.
Complete rule sets and walkthroughs for all five strategies — the logic behind each leg, strike, and adjustment.
A focused read every trading day: what the volatility landscape looks like, where the opportunities and risks sit, and how it bears on the strategies.
Live trade ideas pushed as they are taken — the structure, the strikes, and the reasoning — so you follow the thinking in the moment.
A focused room of members trading the same playbook — share fills, compare adjustments, and learn from how others run the structures.
Every plan is the full Inner Circle — all five strategies, the daily brief, and live alerts. Commit for a year or for life, and the doors open wider.
Secure checkout via Whop · Trade ideas are educational, not personalised advice — see disclosures below.
Calendar Club is a must for those who are looking for a structured way to trade options.
— NickThe most underrated trading community out there. Heaps of value for those willing to study the material inside.
— JRThere are some genuinely novel and interesting trading structures taught within this community.
— KenYou should be comfortable with the basics of options — calls, puts, spreads, and what an expiration is. You don’t need to know butterflies or calendars going in; the walkthroughs build that up from first principles.
No. The alerts and briefs are educational — they share the trades and reasoning of the desk so you can learn the craft. They are general in nature, not tailored to your account, and aren’t a recommendation to buy or sell.
It varies by structure and underlying. Because the strategies are defined-risk, your maximum loss per position is known up front, which makes sizing straightforward. The material covers position sizing for any account.
All three plans include the full Inner Circle: every strategy, the daily brief, live alerts, and the community. Annual and Lifetime add direct access to the Head Trader, invitations to in-person events, and access to frontier structures and models.
Yes. The monthly plan can be cancelled anytime and you keep access through the period you’ve paid for. Annual and Lifetime are longer commitments — check the terms at checkout.
No — and be wary of anyone who tells you otherwise. Options trading carries real risk of loss. Defined-risk structures cap that loss but don’t remove it, and past results don’t predict future ones.
Five defined-risk strategies, a daily read on the market, and live trade ideas from a desk that doesn't bet on direction.
Join the Inner Circle →From $149/month · Annual and Lifetime open the full desk