Add training workflow, datasets, and runbook

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2025-12-23 21:17:22 -08:00
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OPTION TrAdINg STrATegIeS
tabLe 35.15 profit/Loss Calculations: Synthetic Long Futures (Long Call + Short put)
(1) (2) (3) (4) (5) (6) (7) (8)
Futures price
at expiration
($/oz)
premium of
august $1,150
Call at Initiation
($/oz)
$ amount
of premium
paid
premium of
august $1,150
put at Initiation
($/oz)
$ amount
of premium
received
Call Value
at
expiration
put Value
at
expiration
profit/Loss on
position
[(5) (3) + (6) (7)]
1,000 70.1 $7,010 19.9 $1,990 $0 $15,000 $20,020
1,050 70.1 $7,010 19.9 $1,990 $0 $10,000 $15,020
1,100 70.1 $7,010 19.9 $1,990 $0 $5,000 $10,020
1,150 70.1 $7,010 19.9 $1,990 $0 $0 $5,020
1,200 70.1 $7,010 19.9 $1,990 $5,000 $0 $20
1,250 70.1 $7,010 19.9 $1,990 $10,000 $0 $4,980
1,300 70.1 $7,010 19.9 $1,990 $15,000 $0 $9,980
1,350 70.1 $7,010 19.9 $1,990 $20,000 $0 $14,980
1,400 70.1 $7,010 19.9 $1,990 $25,000 $0 $19,980
FIGURE  35.15 Profi t/loss Profi le: Synthetic long Futures (long Call + Short Put)
Price of August gold futures at option expiration ($/oz)
Profit/loss at expiration ($)
1,000
20,000
15,000
10,000
5,000
5,000
10,000
15,000
20,000
0
1,050 1,100 1,150 1,200 1,250
Futures price at time
of position initiation
Breakeven price
= $1,200.20
1,300 1,350 1,400