Add training workflow, datasets, and runbook

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536A COMPleTe gUIde TO THe FUTUreS MArKeT
tabLe 35.19a profit/Loss Calculations: bear Call Money Spread (Short Call with Lower Strike price/
Long Call with higher Strike price); Case 1—both Calls In-the-Money
(1) (2) (3) (4) (5) (6) (7) (8)
Futures price
at expiration
($/oz)
premium of
august $1,150
Call ($/oz)
$ amount
of premium
paid
premium of
august $1,100
Call ($/oz)
$ amount
of premium
received
$1,150 Call
Value at
expiration
$1,100 Call
Value at
expiration
profit/Loss on
position
[(5) (3) + (6) (7)]
1,000 70.1 $7,010 110.1 $11,010 $0 $0 $4,000
1,050 70.1 $7,010 110.1 $11,010 $0 $0 $4,000
1,100 70.1 $7,010 110.1 $11,010 $0 $0 $4,000
1,150 70.1 $7,010 110.1 $11,010 $0 $5,000 $1,000
1,200 70.1 $7,010 110.1 $11,010 $5,000 $10,000 $1,000
1,250 70.1 $7,010 110.1 $11,010 $10,000 $15,000 $1,000
1,300 70.1 $7,010 110.1 $11,010 $15,000 $20,000 $1,000
1,350 70.1 $7,010 110.1 $11,010 $20,000 $25,000 $1,000
1,400 70.1 $7,010 110.1 $11,010 $25,000 $30,000 $1,000
Price of August gold futures at option expiration ($/oz)
Profit/loss at expiration ($)
1,000
3,750
5,000
2,500
0
1,250
1,250
1,050 1,100 1,150 1,200 1,250
Breakeven price = $1,140
1,300 1,350 1,400
Futures price at time
of position initiation
FIGURE  35.19a Profi t/loss Profi le: Bear Call Money Spread (Short Call with lower Strike
Price/long Call with Higher Strike Price); Case 1—Both Calls In-the-Money