Add training workflow, datasets, and runbook

training_data/curated/text/0ff01b3755e1fa6186a05f510481442f54881b4e472ee439cec979e441c3284d.txt

@@ -0,0 +1,16 @@
+enjoy profits from movement and losses from lack of movement that were
+similar to those of a straddle—just nominally less extreme.
+For example, if Acme stock rallies $5, from $74.80 to $79.80, the gamma
+of the 75 straddle will grow the delta favorably, generating a gain of 1.50,
+or about 25 percent. The 70–80 strangle will make 1.15 from the curvature
+of the delta–almost a 50 percent gain.
+With the straddle and especially the strangle, there is one more detail to
+factor in when considering potential P&L: IV changes due to stock price
+movement. IV is likely to fall as the stock rallies and rise as the stock
+declines. The profits of both the long straddle and the long strangle would
+likely be adversely affected by IV changes as the stock rose toward $79.80.
+And because the stock would be moving away from the straddle strike and
+toward one of the strangle strikes, the vegas would tend to become more
+similar for the two trades. The straddle in this example would have a vega
+of 2.66, while the strangle’s vega would be 2.67 with the underlying at
+$79.80 per share.