Trading LEAPS Options and Live Freely!

Long-Term Equity AnticiPation Securities® (LEAPS) is one of the longer term stock or index options available with expiration dates up to 39 months.

The objective is to protect the existing portfolio or stock by using LEAPS

LEAPS help Investors achieved their objective with limited of funds by diversify their portfolios. A buyer of a LEAPS call has the right to purchase shares of stock deep in-of-the-money in the future.

LEAPS apply a hedge against equity holding, such as bear call spread or bear put spread as combining strategies A purchase of a LEAPS® put gives the buyer the right to sell the underlying stock at the strike price up to the option's expiration.