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Glossary of Option Terms: LEAPS

LEAPS

Definition: Long-term Equity AnticiPation Securities. Currently, these are long-term options with expirations up to one, two or three years.

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One Response to “Glossary of Option Terms: LEAPS”

  1. SmartOptions » Blog Archive » A Powerful Investment Strategy In Today’s Market on June 13th, 2008 2:59 am

    [...] But today, I want to focus on one strategy in particular that is excellent in a volatile market: LEAP options. Let me give you five reasons [...]