Add training workflow, datasets, and runbook

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+664 Part V: Index Options and Futures 
+cisable into the June futures at April expiration. Since the June futures contract will 
+still have some time premium in it in April, the strategist cannot plan his strategy with 
+respect to where the actual S&P 500 Index will be in April. 
+Example: The S&P 500 Stock Index (symbol SPX) is trading at 410.50. The follow­
+ing prices exist: 
+Cash (SPX): 410.50 
+June futures: 415.00 
+Options 
+April 415 coll: 5.00 
+June 415 coll: 10.00 
+If one buys the June 415 call for 10.00, he knows that the SPX Index will have 
+to rise to 425.00 in order for his call purchase to break even at June expiration. Since 
+the SPX is currently at 410.50, a rise of 14.50 by the cash index itself will be neces­
+sary for break-even at June expiration. 
+However, a similar analysis will not work for calculating the break-even price for 
+the April 415 call at April expiration. Since 5.00 points are being paid for the 415 call, 
+the break-even at April expiration is 420. But exactly what needs to be at 420? The 
+June future, since that is what the April calls are exercisable into. 
+Currently, the June futures are trading at a premium of 4.50 to the cash index 
+(415.00 - 410.50). However, by April expiration, the fair value of that premium will 
+have shrunk. Suppose that fair .value is projected to be 3.50 premium at April expi­
+ration. Then the SPX would have to be at 416.50 in order for the June futures to be 
+fairly valued at 420.00 (416.50 + 3.50 = 420.00). 
+Consequently, the SPX cash index would have to rise 6 points, from 410.50 to 
+416.50, in order for the June futures to trade at 420 at April expiration. If this hap­
+pened, the April 415 call purchase would break even at expiration. 
+Quote symbols for futures options have improved greatly over the years. Most 
+vendors use the convenient method of stating the striking price as a numeric num­
+ber. The only "code" that is required is that of the expiration month. The codes for 
+futures and futures options expiration months are shown in Table 34-1. Thus, a 
+March (2002) soybean 600 call would use a symbol that is something like SH2C600, 
+where S is the symbol for soybeans, H is the symbol for March, 2 means 2002, C 
+stands for call option, and 600 is the striking price. This is a lot simpler and more flex­
+ible than stock options. There is no need for assigning striking prices to letters of the 
+alphabet, as stocks do, to everyone's great consternation and confusion.