Add training workflow, datasets, and runbook
This commit is contained in:
@@ -0,0 +1,23 @@
|
||||
INTRODUCTION
|
||||
A put option gives the holder the right to sell the underlying security at the striking
|
||||
price at any time until the expiration date of the option. Listed put options are
|
||||
slightly newer than listed call options, having been introduced on June 3, 1977. The
|
||||
introduction of listed puts has provided a much wider range of strategies for both
|
||||
conservative and aggressive investors. The call option is least effective in strategies
|
||||
in which downward price movement by the underlying stock is concerned. The put
|
||||
option is a useful tool in that case.
|
||||
All stocks with listed call options have listed put options as well. The use of puts
|
||||
or the combination of puts and calls can provide more versatility to the strategist.
|
||||
When listed put options exist, it is no longer necessary to implement strategies
|
||||
involving long calls and short stock. Listed put options can be used more efficiently
|
||||
in such situations. There are many similarities between call strategies and put
|
||||
strategies. For example, put spread strategies and call spread strategies employ sim
|
||||
ilar tactics, although there are technical differences, of course. In certain strategies,
|
||||
the tactics for puts may appear largely to be a repetition of those used for calls, but
|
||||
they are nevertheless spelled out in detail here. The strategies that involve the use
|
||||
of both puts and calls together - straddles and combinations - have techniques of
|
||||
their own, but even in these cases the reader will recognize certain similarities to
|
||||
strategies previously discussed. Thus, the introduction of put options not only
|
||||
widens the realm of potential strategies, but also makes more efficient some of the
|
||||
strategies previously described.
|
||||
244
|
||||
Reference in New Issue
Block a user