LEAP options
LEAP Options: Plan, Track and Manage Long-Dated Trades
LEAP options (Long-term Equity AnticiPation Securities) are exchange-listed options with expirations more than one year away. Because they are held for months, LEAPs reward a written plan, patient position management and accurate record-keeping more than fast execution.
Key characteristics of LEAP options
- Expiration typically 12–36 months out
- Lower daily time decay than short-dated contracts early in their life
- Higher premium per contract, so position sizing matters
- Often used as a stock-replacement or long-term directional position
Why LEAP traders need a process
A LEAP trade can span several earnings cycles. Without a record of your original thesis, targets and entries, it is easy to drift from the plan, average down without intent, or forget why you entered.
How SwingLEAP supports LEAP traders
- Write a trade plan with strategy, contract, strike, expiration, capital and thesis
- Set your own underlying-stock entry and exit targets and get alerted as price approaches them
- Log multiple entries and partial exits against one position
- See realized and unrealized P&L and review how your LEAP setups have performed historically
SwingLEAP is a planning and record-keeping tool. It does not recommend trades, predict prices, or execute orders.