Add training workflow, datasets, and runbook

training_data/relevant/text/a5bd6d4f8d5aa4b3713ee34416672cd7bb1babb04342efd6e0364166c9c72362.txt

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+158  •   The Intelligent Option Investor
+For Mueller Water, it’s a little trickier:
+2.5
+5
+7.5
+10
+Last
+C5.30
+C2.80
+0.55
+C0.00
+Change BidA sk Delta AUG 16 ´13
+2.5
+5
+7.5
+10
+NOV 15 ´13
+2.5
+5
+7.5
+10
+12.5
+FEB 21 ´14
+DescriptionCall
+Last Change BidA sk Impl. Bid Vol. Impl. Ask Vol.Impl. Bid Vol. Impl. Ask Vol. Delta
+Put
+C0.00
+C0.00
+C0.25
+C2.25
+C0.00
+C0.00
+C0.55
+C2.35
+C0.00
+C0.10
+C0.85
+C2.55
+C4.80
+5.20 5.50N /A 340.099% 0.9978
+0.9978
+0.7330
+0.1316
+0.9347
+0.8524
+0.6103
+0.1516
+0.9933
+0.9190
+0.6070
+0.2566
+0.1024
+142.171%
+46.039%
+76.652%
+N/A
+N/A
+2.95
+0.55
+0.10
+0.20
+0.10 N/A
+N/A
+N/A
+0.10
+0.30
+2.35
+40.733%
+N/A
+N/A
+N/A
+N/A
+36.550%
+38.181%
+35.520%
+35.509%
+35.664%
+2.10
+0.50
+0.05
+0.10
+0.60
+2.402.30
+0.05
+0.15
+0.15
+0.85
+2.60
+4.90
+2.70
+0.500.00
+5.20 5.50
+3.00
+0.90
+0.20
+2.80
+0.80
+0.10
+5.505.10
+3.102.85
+1.151.05
+0.400.30
+0.200.05
+39.708%
+N/A
+N/A
+36.722%
+N/A
+38.754%
+38.318%
+39.127%
+36.347%
+36.336%
+292.169% 0.0000
+-0.0000
+-0.2778
+-0.8663
+-0.0616
+-0.1447
+-0.3886
+-0.8447
+-0.0018
+-0.0787
+-0.3890
+-0.7375
+-0.8913
+128.711%
+53.108%
+88.008%
+117.369%
+60.675%
+42.433%
+44.802%
+110.810%
+50.757%
+42.074%
+43.947%
+49.401%
+163.282%
+75.219%
+42.610%
+45.215%
+122.894%
+64.543%
+42.697%
+44.728%
+50.218%
+C5.30
+C2.80
+C0.85
+C0.10
+C5.30
+C1.10
+C0.35
+C0.10
+3.00 +0.15
+0.70
+2.45
+4.60
+In the end, I would probably end up picking the implied volatility 
+associated with the options struck at $7.50 and expiring in August 2013 
+(26 days until expiration). I was torn between these and the same strike 
+expiring in November, but the August options are at least being actively 
+traded, and the percentage bid-ask spread on the call side is lower for them 
+than for the November options. Note, though, that the August 2013 put 
+options are so far OTM that the bid-ask spread is very wide. In this case, 
+I would probably look closer at the call options’ implied volatilities. In the 
+end, I would have a bid volatility of around 39 percent and an ask volatility 
+of around 46 percent. Because the bid-ask spread is large, I would probably 
+want to see a cone for both the bid and ask.
+Plugging in the 22.0/22.5 for Oracle,
+2 I would come up with this cone:
+Date
+Oracle (ORCL)
+Price per Share
+60
+40
+50
+30
+10
+20
+-
+6/21/201612/24/20156/27/201512/29/20147/2/20141/3/20147/7/20131/8/20137/12/2012