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Join OIC Instructor Marty Kearney of the Chicago Board Options Exchange as he discusses Equity LEAPS® or Long-Term Equity AnticiPation SecuritiesSM. During this webcast, he will describe what exactly is a LEAPS option and how it compares to a regular-term equity option. Marty will also explain buying a LEAPS call as a stock alternative and then provide an example a protective LEAPS put.
LEAPS® and Long-Term Equity AnticiPation SecuritiesSM are trademarks of Chicago Board Options Exchange, Incorporated (CBOE).
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Disclaimer: Beginning in February 2015, the Expiration Date for monthly options was moved from Saturday to Friday. Most options that expire in a given month usually expire on the third Friday of the month.