rushabh/ollama-model-training-5060ti
1
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity

Add training workflow, datasets, and runbook

Browse Source
This commit is contained in:
Rushabh Gosar
2025-12-23 21:17:22 -08:00
commit 619e87aacc
2140 changed files with 2513895 additions and 0 deletions
Download Patch File Download Diff File Expand all files Collapse all files

26
training_data/curated/text/c6bb2c71b27753b30edcc62bc5ec4dd240e399a3bee0231a7360afa28527bb07.txt Normal file
View File

@@ -0,0 +1,26 @@
Chapter 26: Buying Options and Treasury Bills 421
There are trade-offs involved as well. If, after purchasing the options, the mar­
ket experiences a substantial rally, that portion of the option purchase money that is
devoted to put option purchases will be lost. Thus, the combination of both put and
call purchases would do better in a down market than a strategy of buying only calls,
but would do worse in an up market. In a broad sense, it makes sense to include some
put purchases if one has the funds to diversify, since the frequency of market rallies
is smaller than the combined frequency of market rallies and declines. The investor
who owns both puts and calls will be able to profit from substantial moves in either
direction, because the profitable options will be able to overcome the limited losses
on the unprofitable ones.
SUMMARY
In summary, the T-bill/option strategy is attractive from several viewpoints. Its true
advantage lies in the fact that it has predefined risk and does not have a limit on
potential profits. Some theorists claim it is the best strategy available, if the options
are "underpriced" when they are purchased. The strategy is also relatively simple to
operate. It is not necessary to have a margin account or to compute collateral require­
ments for uncovered options; the strategy can be operated completely from a cash
account. There are no spreads involved, nor is it necessary to worry about details such
as early assignment (because there are no short options in this strategy).
The investor who is going to employ this strategy, however, must not be delud­
ed into thinking that it is so simple that it does not take any work at all. The concepts
and application of annualized risk management are very important to the strategy. So
are the mechanics of option buying - particularly a disciplined, rational approach to
the selection of which calls and/or puts to buy. Consequently, this strategy is suitable
only for the investor who has both the time and the discipline to operate it correctly.