Add training workflow, datasets, and runbook

training_data/curated/text/93320660db2a4835c33a1c98a148d501bed804bf2e3e63074e2253aca449ce1f.txt

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+Making the Most of Your Options
+The trader from the previous example had a time-spread alternative to the
+diagonal: John could have simply bought a traditional time spread at the
+420 strike. Recall that calendars reap the maximum reward when they are at
+the shared strike price at expiration of the short-term option. Why would he
+choose one over the other?
+The diagonal in that example uses a lower-strike call in the February than
+a straight 420 calendar spread and therefore has a higher delta, but it costs
+more. Gamma, theta, and vega may be slightly lower with the in-the-money
+call, depending on how far from the strike price the ITM call is and how
+much time until expiration it has. These, however, are less relevant
+differences.
+The delta of the February 400 call is about 0.57. The February 420 call,
+however, has only a 0.39 delta. The 0.18 delta difference between the calls
+means the position delta of the time spread will be only about 0.07 instead
+of about 0.25 of the diagonal—a big difference. But the trade-off for lower
+delta is that the February 420 call can be bought for 12.15. That means a
+lower debit paid—that means less at risk. Conversely, though there is
+greater risk with the diagonal, the bigger delta provides a bigger payoff if
+the trader is right.