Add training workflow, datasets, and runbook

training_data/curated/text/2058a56f82470e8df0022e6d65accd2d1e4ba7f74a344c2c637d602baffc6b66.txt

@@ -0,0 +1,60 @@
+272 Part Ill: Put Option Strategies 
+TABLE 17-1. 
+Results at expiration on a protected stock holding. 
+XYZ Price at Stock Put 
+Expiration Profit Profit 
+30 -$2,200 +$1,800 
+40 - 1,200 + 800 
+50 200 200 
+54 + 200 200 
+60 + 800 200 
+70 + 1,800 200 
+80 + 2,800 200 
+FIGURE 17-1. 
+long common stock and long put. 
+C: 
+0 
+e ·5. 
+X 
+w 
+1i'i $0 Cf) 
+Cf) 
+0 ..J 
+c5 
+e 
+0. 
+-$400 
+, 
+, , , 
+Long ,' 
+Stock ,, 
+,, ,, 
+, , , 
+48 50 ,'52 
+, ,, , 
+,, , 
+, 
+, ,, , 
+, , ,, 
+Stock Price at Expiration 
+,, ,, 
+,, ,, 
+, , 
+Total 
+Profit 
+-$ 400 
+400 
+400 
+0 
++ 600 
++ 1,600 
++ 2,600 
+one's profit potential on the common stock, but rather provides the stock owner with 
+protection, eliminating the possibility of any devastating loss on the stock holding during 
+the life of the put. In all the put buying strategies discussed in this chapter and Chapter 
+18, the put must be paid for in full. That is the only increase in investment. 
+Although any common stockholder may use this strategy, two general classes of 
+stock owners find it particularly attractive: First, the long-term holder of the stock 
+who is not considering selling the stock may utilize the put protection to limit losses 
+over a short-term horizon. Second, the buyer of common stock who wants some 
+"insurance" in case he is wrong may also find the put protection attractive.