Why I Buy OTM LEAPS With A Low Delta?

I have been asked why I am buying Alphabet LEAPS CALL option with a high strike price and low delta. A low delta means a low premium price increase/ decrease with the corresponding share price movement. There are a few reasons why I choose a low delta for my LEAPS options. Lower Delta, Lower PremiumThe … Continue reading Why I Buy OTM LEAPS With A Low Delta?