Glossary · Risk Management & Defense · W

Wheel of death in plain English.

Getting assigned shares high, then watching the stock keep falling while you sell calls below your cost — slowly bleeding as the position never recovers.

Track

Risk Management & Defense

13 terms in this track

Taught in

Tail risk, gaps and the wheel of death

In the index

126 of 129

Filed under W

Connections

8

Related terms mapped below

01

The idea, in context

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

Reading the illustration

Defined risk: the loss has a floor (rose) and the credit a ceiling (gold) — both known before you enter.

In French: Roue de la mort

Where it’s taught

Risk Management & Defense

Tail risk, gaps and the wheel of death

“Tail risk, gaps and the wheel of death” introduces this term with worked examples, a quiz and the trades around it. The Academy is part of the YieldCove membership.

02

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

03

Where to go next

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

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