SwingLEAP Academy
Educational guides for swing and LEAP options traders. Definitions first, then the details — no stock picks, no predictions.
LEAP Options
What Are LEAP Options?
LEAP options are long-dated options expiring more than a year out. A clear definition, key features and how traders use them.
How LEAP Options Work
How LEAP option pricing, time decay and delta behave over a long holding period, explained plainly.
Choosing a LEAP Expiration Date
How to think about LEAP expiration dates, time decay and when to exit or roll a long-dated option.
Choosing a LEAP Strike Price
In-the-money, at-the-money or out-of-the-money: how strike choice changes cost, delta and risk on a LEAP option.
LEAP Options Risk Explained
The main risks of LEAP options — premium loss, time decay, volatility and concentration — and how to manage them.
LEAPs vs Short-Term Options
Compare LEAP options with short-dated options on cost, time decay, holding period and management style.
Swing Trading Options
Swing Trading Options: A Beginner's Framework
A practical framework for swing trading options: choosing stocks, setting levels, picking contracts and reviewing results.
Options Entry Planning
How to plan options entries in advance using underlying price levels, position size and a written thesis.
Options Exit Planning
Plan options exits before you enter: profit targets, partial exits, invalidation levels and time-based exits.
Options Risk Management Basics
Core options risk management practices: position sizing, defined invalidation, limiting averaging down and reviewing outcomes.
Managing Open Options Positions
How to manage open options positions: scaling in, averaging down, partial exits and tracking remaining contracts.
Options Tracking
How to Keep an Options Trading Journal
What to record in an options trading journal and how to use it to improve your trading process.
Options Trade Tracking
How to track options trades accurately across multiple entries, exits and accounts.
How Options P&L Is Calculated
How to calculate realized and unrealized options P&L, including multiple entries, partial exits and fees.
Reviewing Options Trades
A simple process for reviewing options trades: plan vs actual, variance, and patterns across setups.