From WordPress Codex, this option equivalent to with_front
parameter:
Should the permalink structure be prepended with the front base. (example: if your permalink structure is /blog/
, then your links will be: false
-> /news/
, true
-> /blog/news/
). Defaults to true
.
So if your permalink is %post_name%
, this option does nothing. And I don't think WP supports removing CPT's slug from the permalink.