Enjoyed the article but... Unless I got it wrong there are a lot lot lot easier ways to make money trading options. I traded an Iron Conder once.

Once. And it taught me to never to do that again. It easy to get into in actual practice, and virtually impossible to get out of for a profit even as it went my way. Too complicated. The options strike costs go haywire before it's all done. At least that was my limited experience.

My personal advice for Condors...shoot that bird and let it rot in the middle of the street.