Add training workflow, datasets, and runbook

training_data/curated/text/37806c5cac2e251945ba9f60ed8e50c125ecb97590addc74b96247e4be2dd6f1.txt

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+Mixing Exposure  •  239
+Strike Price Selection
+Strike price selection for a short diagonal is more difficult because there 
+are three strikes to price this time. Looking at the current pricing for a 
+call spread with the short call struck at $55, I get the following selection of 
+credits:
+Upper Call Strike ($)
+Call Spread 
+Net Credit ($)
+Percent Total 
+Risk Percent Total Return
+57.50 1.27 17 49
+60.00 2.14 33 83
+62.50 2.44 50 94
+65.00 2.51 67 97
+70.00 2.59 100 100
+Looking at this, let’s say we decide to go with the $55.00/$62.50 call 
+spread. Doing so, we would receive a net credit of $2.44. Now selecting the 
+put to purchase is a matter of figuring out the leverage of the position with 
+which you are comfortable.
+Strike ($) Delta (Debit) Credit ($) Put Lambda (%)
+20.00 –0.02 2.20 –4.5
+23.00 –0.02 2.11 –4.6
+25.00 –0.03 2.05 –4.6
+28.00 –0.04 1.91 –4.8
+30.00 –0.05 1.78 –4.8
+33.00 –0.07 1.57 –4.8
+35.00 –0.09 1.38 –4.8
+38.00 –0.12 0.99 –4.8
+40.00 –0.15 0.67 –4.7
+42.00 –0.17 0.30 –4.7
+45.00 –0.23 (0.43) –4.5
+47.00 –0.26 (1.01) –4.4
+50.00 –0.33 (1.91) –4.4
+52.50 –0.39 (3.11) –4.0