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Trading Leaps

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Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

A leap is any option that has more than a year until expiration. They tend to be illiquid and decay slowly.

For active traders and premium sellers a leap is anything over 90 days.

Join Tom and Tony in today’s segment as they look a little deeper into leaps and the poor man’s covered call.

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