From the article: > There are lots of ways to combine options for different stock outlooks. Here are some common ones, not accounting for option cost. He does

From the article: > There are lots of ways to combine options for different stock outlooks. Here are some common ones, not accounting for option cost. He does mention it, but it's not very prominent. I also agree that not including the cost of opening the position in the payoff chart is misleading (and unconventional).