I watched an interesting video from Financial YouTuber Brad Finn on why one shouldn't buy OTM LEAPS Call as there is no intrinsic value and there is only extrinsic value, which is risky considering IV and Theta (greek measuring time decay) can work against you as time passes. I think the explanation in this video … Continue reading Brad Finn Says You Shouldn’t Buy OTM LEAPS, Here Is Why
Tag: How to maximise my returns
I Was Laughed At When I Told Them I Bought LEAPS With A Low Delta
I receive a few comments when I share that I bought LEAPS contract with a low Delta. Some readers think that I do not understand options trading and that buying a LEAPS contract at a lower delta has an extremely low chance of being successful (at reaching the strike price). However, in a LEAPS contract, … Continue reading I Was Laughed At When I Told Them I Bought LEAPS With A Low Delta
How Does LEAPS Works And How I Use LEAPS To Maximise Gains?
LEAPS stands for Long-Term Equity Anticipation Securities, which basically refers to buying a CALL/ PUT option contract with a long expiration date, at least 6 months or more. Essentially, if you are buying a LEAPS CALL, the strategy is to watch the share price grow, which translates to an increase in the value of the … Continue reading How Does LEAPS Works And How I Use LEAPS To Maximise Gains?