Add training workflow, datasets, and runbook

training_data/curated/text/82e5508ed7c0e3f6927e22c0702bc094f10fa4988d635bf7c4ed28630cd53bd3.txt

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+Would I Do It Now? Rule
+To follow this rule, ask yourself, “If I did not already have this position,
+would I do it now? Would I establish the position at the current market
+prices, given the current market scenario?” If the answer is no, then the
+solution is simple: Exit the trade.
+For example, if after one week material news is released and Johnson &
+Johnson is trading higher, at $64.50 per share, and the November 65 call is
+trading at 0.75, Brendan must ask himself, based on the price of the stock
+and all known information, “If I were not already short the calls, would I
+short them now at the current price of 0.75, with the stock trading at
+$64.50?”
+Brendan’s opinion of the stock is paramount in this decision. If, for
+example, based on the news that was announced he is now bullish, he
+would likely not want to sell the calls at 0.75—he only gets $0.09 more in
+option premium and the stock is 0.50 closer to the strike. If, however, he is
+not bullish, there is more to consider.
+Theta can be of great use in decision making in this situation. As the
+number of days until expiration decreases and the stock approaches $65
+(making the option more at-the-money), Brendan’s theta grows more
+positive. Exhibit 5.3 shows the theta of this trade as the underlying rises
+over time.
+EXHIBIT 5.3 Theta of Johnson & Johnson.
+When the position is first established, positive theta comforts Brendan by
+showing that with each passing day he gets a little closer to his goal—to
+have the 65 calls expire out-of-the-money (OTM) and reap a profit of the
+entire 66-cent premium. Theta becomes truly useful if the position begins to
+move against him. As Johnson & Johnson rises, the trade gets more