Add training workflow, datasets, and runbook

training_data/relevant/text/4d11d3932f4309a3c7d7331057e78e08933a203c024d10b01b419de3a3702aeb.txt

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+TABLE 2-10. 
+Return if unchanged-margin account. 
+Method 1 
+Unchanged stock value (500 
+shares at 43) 
+Plus dividends 
+Less margin interest charges 
+(10% on $10,910 debit for 
+6 months) 
+Less debit balance 
+Less net investment (margin) 
+Net profit if unchanged­
+margin 
+$21,500 
++ 500 
+545 
+10,910 
+- 9 470 
+$ 1,075 
+Part II: Call Option Strategies 
+Method 2 
+Profit if unchanged-cash 
+Less margin interest charges -
+Net profit if unchanged­
+margin 
+$1,620 
+545 
+$1,075 
+Return if unchanged = $ l ,075 = 11 .4% 
+$9,470 
+TABLE 2-11. 
+Break-even point-margin write. 
+Net margin investment 
+Plus debit balance 
+Less dividends 
+Plus margin interest charges 
+Total stock cost to expiration 
+Divide by shares held 
+Break-even point-margin 
+TABLE 2-12. 
+Percent downside protection-margin write. 
+Initial stock price 
+Less break-even price-margin 
+Points of protection 
+Divide by original stock price 
+Equals percent downside protection-margin 
+$ 9,470 
++ 10,910 
+500 
++ 545 
+$20,425 
++ 500 
+40.9 
+43 
+-40.9 
+2.1 
++43 
+4.9% 
+The return if exercised is 18.4% for the covered write using margin. In Example 
+1 the return if exercised for a cash write was computed as 11.2%. Thus, the return if 
+exercised from a margin write is considerably higher. In fact, unless a fairly deep in­
+the-money write is being considered, the return on margin will always be higher than