LEAP Options
Choosing a LEAP Expiration Date
A LEAP's expiration date sets how long your thesis has to play out. Longer expirations cost more but give more time and slower early decay.
Factors to weigh
- How long your thesis realistically needs
- Upcoming earnings and events inside the window
- Cost of extra months of time value
- When you plan to exit before accelerated decay
Write the exit date into the plan
Deciding in advance when you will review or exit prevents a LEAP from quietly becoming a short-dated option.
SwingLEAP is a planning and record-keeping tool. It does not recommend trades, predict prices, or execute orders.