Add training workflow, datasets, and runbook

training_data/curated/text/f8274043f1b53f98935d123af9f343abcb76287df15b7543fbd165aa2b6bc12e.txt

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+0.364 delta, positive gamma, and negative theta. The spread as a whole is a
+decaying asset. It needs the underlying to rally to combat time decay.
+A bullish trader may also sell this spread if XOM is between the two
+strikes. In this case, with XOM at, say, $77, the delta is +0.388, and all
+other greeks are negligible. At this particular price point in the underlying,
+the trader has almost pure leveraged delta exposure. But this trade would be
+positioned for only a small move, not much above $80. A speculator
+wanting to trade direction for a small move while eliminating theta and
+vega risks achieves her objectives very well with a vertical spread.
+A bullish-to-neutral trader would be inclined to sell this spread if
+ExxonMobil were around $80 or higher. Day by day, the 1.30 premium
+would start to come in. With 40 days until expiration, theta would be small,
+only 0.004. But if the stock remained at $80, this ATM put would begin
+decaying faster and faster. The objective of trading this spread for a neutral
+trader is selling future realized volatility—selling gamma to earn theta. A
+trader can also trade a vertical spread to profit from IV.