Add training workflow, datasets, and runbook

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+Chapter 33: Mathematical Considerations for Index Products 649 
+son for this is that the spread will have different outcomes not only based on the price 
+of one index, but also based on that index's relationship to the other index. 
+It is possible, for example, that a mildly bullish strategy implemented as an 
+inter-index spread might actually lose money even if one index rose. This could hap­
+pen if the other index performed in a manner that was not desirable. If one could 
+have his computer "draw" a picture of several different outcomes, he would have a 
+better idea of the profit potential of his strategy. 
+Example: Assume a put spread between the ZYX and the ABX indices was estab­
+lished. An ABX June 180 put was bought at 3.00 and a ZYX June 175 put was sold at 
+3.00, when the ZYX was at 175.00 and the ABX Index was at 178.00. This spread will 
+obviously have different outcomes if the prices of the ZYX and the ABX move in dra­
+matically different patterns. 
+On the surface, this would appear to be a bearish position - long a put at a high­
+er strike and short a put at a lower strike. However, the position could make money 
+even in a rising market if the indices move appropriately: If, at expiration, the ZYX 
+and ABX are both at 179.00, for example, then the short option expires worthless and 
+the long option is still worth 1.00. This would mean that a 1-point profit, or $500, was 
+made in the spread ($1,500 profit on the short ZYX puts less a $1,000 loss on the one 
+ABX put). 
+Conversely, a downward movement doesn't guarantee profits either. If the ZYX 
+falls to 170.00 while the ABX declines to 175.00, then both puts would be worth 5 at 
+expiration and there would be no gain or loss in the spread. 
+What the strategist needs in order to better understand his position is a "sliding scale" 
+picture. That is, most follow-up pictures give the outcome (say, at expiration) of the 
+position at various stock or index prices. That is still needed: One would want to see 
+the outcome for ZYX prices of, say, 165 up to 185 in the example. However, in this 
+spread something else is needed: The outcome should also take into account how the 
+ZYX matches up with the ABX. Thus, one might need three (or more) tables of out­
+comes, each of which depicts the results as ZYX ranges from 165 up to 185 at expi­
+ration. One might first show how the results would look if ZYX were, say, 5 points 
+below ABX; then another table would show ZYX and ABX unchanged from their 
+original relationship (a 3-point differential); finally, another table would show the 
+results if ZYX and ABX were equal at expiration. 
+If the relationship between the two indices were at 3 points at expiration, such 
+a table might look like this: