Add training workflow, datasets, and runbook

training_data/curated/text/1ae4581862e84f2b26f445ac45d3841ac88b6e11a29251556c722efac9c12102.txt

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+But just looking at delta only tells a part of the story. In reality, the delta
+does not remain constant during the price rise in Johnson & Johnson but
+instead becomes more negative. Initially, the delta is −0.34 and the gamma
+is −0.15. After a rise in the stock price, the delta will be more negative by
+the amount of the gamma. To account for the entire effect of direction,
+Brendan needs to take both delta and gamma into account. He needs to
+estimate the average delta based on gamma during the stock price move.
+The formula for the change in stock price is
+Taking into account the effect of gamma as well as delta, Johnson &
+Johnson needs to rise only $1.01, in order for Brendan’s calls to be offered
+at his stop-loss price of 1.10.
+While having a predefined price point to cover in the event the underlying
+rises is important, sometimes traders need to think on their feet. If material
+news is announced that changes the fundamental outlook for the stock,
+Brendan will have to adjust his plan. If the news leads Brendan to become
+bullish on the stock, he should exit the trade at once, taking a small loss
+now instead of the bigger loss he would expect later. If the trader is
+uncertain as to whether to hold or close the position, the Would I Do It
+Now? rule is a useful rule of thumb.