Add training workflow, datasets, and runbook

training_data/curated/text/2252c6791ff34134a203207044ac1e85cc717a674eaab3bc466c4cee75794fc4.txt

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+OPTION TrAdINg STrATegIeS
+ Strategy 5a: Long put (at-the-Money) 
+example . Buy August $1,200 gold futures put at a premium of $38.70/oz ($3,870), with August gold 
+futures trading at $1,200/oz. (See Table   35.5   a and Figure   35.5   a.)   
+    FIGURE   35.4d    Profi  t/loss Profi  le: Short Futures and Short Call Comparisons (In-the-Money, 
+At-the-Money, and Out-of-the-Money) 
+Price of August gold futures at option expiration ($/oz)
+Futures price at time
+of position initiation
+Short futures
+At-the-money call
+(strike price = $1,200)
+Out-of-the-money call
+(strike price = $1,300)
+In-the-money call
+(strike price = $1,100)
+Profit/loss at expiration ($)
+1,000
+10,000
+15,000
+−10,000
+5,000
+−5,000
+0
+−15,000
+−20,000
+1,050 1,100 1,150 1,200 1,250 1,300 1,350 1,400
+ tabLe 35.5a     profit/Loss Calculations: Long put (at-the-Money)  
+(1) (2) (3) (4) (5)
+Futures price at 
+expiration ($/oz)
+premium of august $1,200 
+put at Initiation ($/oz)
+$ amount of 
+premium paid
+put Value at 
+expiration
+profit/Loss on 
+position [(4) – (3)]
+1,000 38.7 $3,870 $20,000 $16,130
+1,050 38.7 $3,870 $15,000 $11,130
+1,100 38.7 $3,870 $10,000 $6,130
+1,150 38.7 $3,870 $5,000 $1,130
+1,200 38.7 $3,870 $0 –$3,870
+1,250 38.7 $3,870 $0 –$3,870
+1,300 38.7 $3,870 $0 –$3,870
+1,350 38.7 $3,870 $0 –$3,870
+1,400 38.7 $3,870 $0 –$3,870