Leaps have many advantages over other strategies in the stock market. This is because they give the buyer both high leverage and a long term approach to the market.
Leaps have many advantages over other strategies in the stock market. This is because they give the buyer both high leverage and a long term approach to the market.
Leaps like options give the owner the right to buy a given stock on or before a given date. But unlike options however the date at which it expires is farther out. Instead of an option contract which might give you a couple months before it expires, a leap will give you a year or two before it expires.