Stock and Option Trades May 6th, 2008 at 12:53 pm
Great strategy fredrang, it’s a real money maker!
Norman, LEAPS work really well on expensive stocks but I wouldn’t have full covers because big gaps up cause you to run into trouble quicker when holding LEAPS than is possible holding stock in the early months due to the extrinsic value on the long options.
May 6th, 2008 at 12:53 pm
Great strategy fredrang, it’s a real money maker!
Norman, LEAPS work really well on expensive stocks but I wouldn’t have full covers because big gaps up cause you to run into trouble quicker when holding LEAPS than is possible holding stock in the early months due to the extrinsic value on the long options.