Add training workflow, datasets, and runbook

training_data/curated/text/bf66fd8a2e93ad965c5433f706e080f85c27f1c968b7e03607563ff9aa76d74e.txt

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+522A COMPleTe gUIde TO THe FUTUreS MArKeT
+ Strategy 11b: Option-protected Long Futures (Long Futures + Long 
+Out-of-the-Money put) 
+example . Buy August gold futures at $1,200/oz and simultaneously buy an August $1,100 gold 
+futures put at a premium of $10.10/oz ($1,010). (See Table   35.11   b and Figure   35.11   b.)   
+ tabLe 35.11b      profit/Loss Calculations: Option-protected Long Futures—Long Futures + Long Out-of-
+the-Money put (Similar to Long In-the-Money Call)  
+(1) (2) (3) (4) (5) (6)
+Futures price at 
+expiration ($/oz)
+premium of august $1,100 
+put at Initiation ($/oz)
+$ amount of 
+premium paid
+profit/Loss on Long 
+Futures position
+put Value at 
+expiration
+profit/Loss on position 
+[(4) + (5) – (3)]
+1,000 10.1 $1,010 –$20,000 $10,000 –$11,010
+1,050 10.1 $1,010 –$15,000 $5,000 –$11,010
+1,100 10.1 $1,010 –$10,000 $0 –$11,010
+1,150 10.1 $1,010 –$5,000 $0 –$6,010
+1,200 10.1 $1,010 $0 $0 –$1,010
+1,250 10.1 $1,010 $5,000 $0 $3,990
+1,300 10.1 $1,010 $10,000 $0 $8,990
+1,350 10.1 $1,010 $15,000 $0 $13,990
+1,400 10.1 $1,010 $20,000 $0 $18,990
+    FIGURE   35.11b    Profi  t/loss Profi  le: Option-Protected long Futures—long Futures + long 
+Out-of-the-Money Put (Similar to long In-the-Money Call) 
+Price of August gold futures at option expiration ($/oz)
+Futures price at time
+of position initiation
+Breakeven price = $1,210.10
+Profit/loss at expiration ($)
+1,000
+10,000
+15,000
+20,000
+5,000
+−5,000
+−10,000
+−15,000
+0
+1,050 1,100 1,150 1,200 1,250 1,300 1,350 1,400
+Strike price