Charging System Bulkhead Wire Around

Buckeye440 said
My question is the way I'm seeing it, your first 2 pictures show the wires with 2 ends, but the third picture shows 3. Am I missing something?

In the 3rd pic it has the red boot/cover on it, in the pic its 1/2 way "up" the wire instead of at the end when wire is installed.