Add training workflow, datasets, and runbook

training_data/relevant/text/67f14cbad7c8f9d037b56adaa94ca71102856ee4439d9db27c4538b73abb1919.txt

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+OPTION TrAdINg STrATegIeS
+ Strategy 14: Covered put Write (Short Futures + Short put) 
+example . Sell August futures at $1,200 and simultaneously sell an August $1,200 gold futures put at 
+a premium of $38.70/oz ($3,870). (See Table   35.14    and Figure   35.14   .)   
+    FIGURE   35.13    Profi  t/loss Profi  le: Covered Call Write—long Futures + Short Call (Similar to 
+Short Put) 
+ Profi  t/loss Profi  le: Covered Call Write—long Futures + Short Call (Similar to 
+Price of August gold futures at option expiration ($/oz)
+Profit/loss at expiration ($)
+1,000
+5,000
+2,500
+0
+−2,500
+−7 ,500
+−10,000
+−12,500
+−15,000
+−5,000
+1,050 1,100 1,150 1,200 1,250
+Futures price at time
+of position initiation
+and strike price
+ Breakeven price
+= $1,161 .20
+1,300 1,350 1,400
+−17 ,500
+ tabLe 35.14      profit/Loss Calculations: Covered put Write—Short Futures + Short put (Similar to 
+Short Call)  
+(1) (2) (3) (4) (5) (6)
+Futures price 
+at expiration 
+($/oz)
+premium of 
+august $1,200 put 
+at Initiation ($/oz)
+$ amount of 
+premium received
+profit/Loss on Short 
+Futures position
+put Value at 
+expiration
+profit/Loss on position 
+[(3) + (4) – (5)]
+1,000 38.7 $3,870 $20,000 $20,000 $3,870
+1,050 38.7 $3,870 $15,000 $15,000 $3,870
+1,100 38.7 $3,870 $10,000 $10,000 $3,870
+1,150 38.7 $3,870 $5,000 $5,000 $3,870
+1,200 38.7 $3,870 $0 $0 $3,870
+1,250 38.7 $3,870 –$5,000 $0 –$1,130
+1,300 38.7 $3,870 –$10,000 $0 –$6,130
+1,350 38.7 $3,870 –$15,000 $0 –$11,130
+1,400 38.7 $3,870 –$20,000 $0 –$16,130