Terms Beginning With 'l'

Long-Term Equity Anticipation Securities (LEAPS)

  • January 17, 2020
  • Team Kalkine

Long-term equity anticipation securities or LEAPS are options that are virtually equal to traditional exchange-traded options of longer terms relative to other more common options. These types of securities are available on nearly 20 indexes and 2500 equities.

LEAPS are available in two forms- calls and puts, similar to the other traditional short-term options.

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