What are LEAPS in the stock market?
What are LEAPS in the stock market?
user
﻿It’s a long-only, equal-weighted, fundamental-weighted, and momentum based market algorithm.
assistant
Do you know what LEAPS stands for?  I know it is a stock option.
user
I was initially looking at the short form, and I believe it stands for Long-Term Equity Anticipation Securities.  As an investment, LEAPS are often the first stepping stone for investors who want to experience the world of investment options and trading on a relatively low risk level.
assistant
Do you know if there are LEAPS related to put options?
user
There are multiple types of LEAPS options.  The most common type is the LEAPS series 2 option, which provides traders with a combination of features that includes: a standard LEAPS, a long-term bond return, volatility, and an implied volatility tracking performance indicator.  The LEAPS series 1 option is also popular, but this LEAPS option provides only the features of a traditional long-term call or put option.
assistant
I need to research more about buying LEAPS.
user