Add training workflow, datasets, and runbook

training_data/curated/text/dc3e506119e877d79cb0f78c98d7c306af8ad3a4aa2e17d30afde4406b3cf485.txt

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+Mixing Exposure  •  235
+Collars are just a combination of the other two overlay strategies and so are 
+easiest left to the end.
+Long Diagonal
+GREEN
+RED
+Downside: Overvalued
+Upside: Undervalued
+Execute: Sell an ATM put option (short put) and simultaneously 
+buy an OTM call option (long call)
+Risk: Sum of put’s strike price and net premium paid for call
+Reward: Unlimited
+Margin: Amount equal to put’s strike price
+The Gist
+Other than the blank space in the middle of the diagram and the disparity 
+between the lengths of the tenors, the preceding diagram looks very much like 
+the risk-return profile diagram for a long stock—accepting downside exposure 
+in return for gaining upside exposure. As you can see from the diagram, the 
+range of exposure for the short put lies well within the Black-Scholes-Merton 
+model (BSM) cone, but the range of exposure for the long call is well outside 
+the cone. It is often possible to find short-put–long-call combinations that al-
+low for an immediate net credit when setting up this investment.