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Glossary · The Full Wheel System · T

All terms

Total premium income in plain English.

Every dollar of premium you have collected from puts and calls, added up across the whole portfolio.

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Track

The Full Wheel System

7 terms in this track

Taught in

Tracking performance

In the index

115 of 129

Filed under T

Connections

7

Related terms mapped below

01

The idea, in context

How to read the picture above and where the Academy teaches it.

Reading the illustration

Returns compound trade by trade — annualizing makes trades of different lengths comparable.

This definition usesPremium

In French: Revenu total de premiums

Where it’s taught

The Full Wheel System

Tracking performance

“Tracking performance” introduces this term with worked examples, a quiz and the trades around it. The Academy is part of the YieldCove membership.

About the AcademyOpen the lesson (members)

02

7 terms around this one — the words its definition uses, its lesson siblings and the terms that build on it.

  • Used in this definition
  • Same lesson
  • Builds on this term
  • Same track

03

Where to go next

Understand it, try it with real numbers, then track it for free.

GlossaryLook up any termPlain-English definitions with illustrations and the lesson behind each one.Open the glossaryFree toolWheel calculatorPrice a put, a covered call, a roll or a full cycle — payoff, odds and Greeks.Open the calculatorAcademyLearn the wheel properlyA structured course from first option to expert playbook, with quizzes and worked trades.Explore the AcademyFree accountTrack your wheel for freeLog trades, follow assignments and rolls, and see your real income — no card needed.Create a free account

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