What is the meaning of LEAPS?

Long-term Equity AnticiPation Securities. Listed Call and Put Options on shares and indexes, with expirations out as much as two years. Ordinary listed Calls and Puts expire within nine months.' LEAPS' permit investors to express longer-term views, without buying the underlying instruments.

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APABarry Goldsmith. (2010). leaps. Retrieved September 20, 2026, from http://smartdefine.org/leaps/definitions/1156972
ChicagoBarry Goldsmith. 2010. "leaps" http://smartdefine.org/leaps/definitions/1156972 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, leaps, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/leaps/definitions/1156972>.
MLABarry Goldsmith. "leaps" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/leaps/definitions/1156972>