LEAPS vs. Stock: The Strategic Case for Buying Long-Term Options
Investors looking for long-term growth typically think of owning shares, but offer a powerful alternative. LEAPS are options contracts with expiration dates extending beyond one year—often up to three years. While they function like standard options, their extended time horizon allows them to act as a "stock substitute" with built-in leverage. The Core Comparison
Choosing between LEAPS and stock involves weighing capital efficiency against shareholder benefits and risk profiles. LEAPS and bounds - Fidelity Investments
