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QuantWheel

Lesson 21

Selling your shares to finish a wheel

Follow the possible steps from selling a put to selling the resulting shares.

New here? Start from the beginning.

What is a full wheel?

A full wheel moves from a sold put to shares, then to a covered call and a share sale.

Learn how to follow one full wheel

Read a sample wheel with shares and a sold call, see what happens if the shares are called away, then start again. Each of the four checkpoints ends with a two-answer question. Nothing places a trade.

CHECKPOINT 1 OF 4

Choose SOFI

0 / 4 checkpoints earned

When the chart loads, follow its highlighted control to earn your first checkpoint.

  1. Choose SOFI
  2. Open Wheels, upcoming
  3. See closed wheels, upcoming
  4. Start the next wheel, upcoming

Loading the practice chart.

Now look around the free demo.

The demo opens the full platform with other stocks, and its numbers change each day. Signed out, nothing there moves real money. If you are signed in with a connected broker, Place trade sends a real order, so read the screens without pressing it.

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