Add training workflow, datasets, and runbook

training_data/curated/text/da0ee80e83258dc56ac123be899705716b874ae5f08107bd8013f281ee3b6ecf.txt

@@ -0,0 +1,15 @@
+Short Straddle
+Definition : Selling one call and one put in the same option class, in the
+same expiration cycle, and with the same strike price.
+Just as buying a straddle is a pure way to buy volatility, selling a straddle
+is a way to short it. When a trader’s forecast calls for lower implied and
+realized volatility, a straddle generates the highest returns of all volatility-
+selling strategies. Of course, with high reward necessarily comes high risk.
+A short straddle is one of the riskiest positions to trade.
+Let’s look at a one-month 70-strike straddle sold at 4.25.
+The risk is easily represented graphically by means of a P&(L) diagram.
+Exhibit 15.5 shows the risk and reward of this short straddle.
+EXHIBIT 15.5 Short straddle P&(L) at initiation and expiration.
+If the straddle is held until expiration and the underlying is trading below
+the strike price, the short put is in-the-money (ITM). The lower the stock,
+the greater the loss on the +1.00 delta from the put. The trade as a whole