When a friend of mine told me he was going through the Condor Nest training, I was curious how quickly he'd actually be able to put it to work. Options strategies can be notoriously hard to learn in theory and even harder to execute in real market conditions.
He put his first trade on yesterday. Made $300 in one day.
When I asked him what he liked most about it, his answer was simple: “It has defined rules.” No guessing. No staring at charts wondering what to do next. Just a clear process that tells you exactly where you are and what your next move is.
That tracks with everything I've seen from the students trading it.
What Is the Condor Nest?
The Condor Nest is a professional options trading method developed by Tomas Byron — a career trader with 35+ years of experience — and taught here at Aeromir. It's built around one core idea: stop hoping the market cooperates, and start trading a structure that puts you in control regardless of what it does.
Most iron condor traders know the pain. You put on a position, collect a little premium, and then spend the next several days white-knuckling every market move. One bad session can erase weeks of gains. The margin is tied up, your capital is stuck, and your only real tool is hoping price stays inside your tent.
The Condor Nest approaches this differently.
How It Works
The method unfolds in two phases:
Phase 1 — The Time Spread
Instead of starting with an iron condor, you open a calendar or double calendar spread. This structure generates real theta decay from day one while keeping your initial risk small. Delta and gamma stay relatively flat, so moderate market moves don't immediately put you underwater.
Phase 2 — The Conversion
When conditions align, you convert the time spread into what Thomas calls a risk-free iron condor — a position where enough premium has already been collected that your worst-case outcome is simply making less than your maximum profit. Catastrophic losses are removed from the equation.
After conversion, your broker's margin requirement can drop by 90% or more. That capital is yours again — free to deploy in a new position, buy T-bills, or just sit in cash. Either way, you are no longer at the market's mercy.
Three Speeds to Match Your Life
One thing that makes this method practical for real traders is the flexibility in how actively you manage it. There are three built-in template setups:
| Template | Timeframe | Style | Best For |
|---|---|---|---|
| Condor Nest 0 | Same week (Mon–Fri) | Fast theta, active management | Experienced traders, active monitors |
| Condor Nest 7 | One week forward | Moderate pace | Most traders — solid middle ground |
| Condor Nest 14 | Two weeks forward | Slower, more forgiving | New students — check in once a day |
Thomas recommends new students start with the 14. Learn the mechanics at slow speed first. Get the rules in your hands before you put your foot on the gas.
Real Results from Real Students
The course has over 100 students — spread across the U.S., Europe, Australia, New Zealand, and Japan — ranging from complete beginners who've never traded an option to professional fund managers.
My friend who just started? $300 his first day. And more importantly, he knew why he was making the trade and what he would do next at every step of the way. That's what defined rules give you.
Other students have shared results in the private Discord community that range from steady, consistent profits on the slower templates to some jaw-dropping pinning scenarios on the faster ones — where the market expires almost exactly at the center of the structure for maximum payout.
Here are two recent examples from real student trades:
What's Included
- 4 recorded classes (~2.5 hours each)
- Step-by-step trade checklists
- Three fully documented trade templates
- GOAT Spreadsheet for thinkorswim orders
- IBKR Basket Trader order templates
- ToS/IBKR order converter tool
- Private Discord community
- Ongoing live sessions and updates
There's also a full deep-dive section covering Black-Scholes, volatility risk premium, and statistical distribution for those who want to understand exactly what's happening under the hood. It's not required to trade the method — but it's there if you want it.
Is It Right for You?
If you've been frustrated by iron condors that work great on paper but blow up in practice, or you're tired of strategies with fuzzy rules that leave you guessing under pressure — this is worth a serious look.
The defined rules aren't a gimmick. They're the whole point. You always know what your risk is, what your next move is, and how to get out cleanly if you need to.
My friend figured that out on day one.
