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Glossary · The Wheel

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Definition

Would you buy at the strike with zero premium?

Where this appears

From the The Wheel reference sheet, Guardrails section.

Lessons that use it

See the reference sheets in the app →

Learn content is for education only — not individualized financial advice, a recommendation, or a solicitation to buy or sell any security. Options involve substantial risk. Examples are simplified and historical patterns never guarantee future results.