Options 101 Course

Introduction to Options

LEAPs

You can also use options to apply longer-term strategies of up to 3 years for US stocks.

LEAPs are Long Term Equity Anticipation Securities.  In other words they are simply options with a longer time to expiration.

LEAPs have expiration dates of up to 3 years away (from when they are first listed) and are available for over 300 individual stocks and a number of indices in the US.



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