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Understanding LEAPS: Using the Most Effective Options Strategies for Maximum Advantage by Marc Allaire

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CHAPTER 18LEAPS Index Options—Other Things to Know

This book has shown that there are both similarities and differences between LEAPS and short-term options. Several other factors are also important, especially as they relate to LEAPS index options.

EXPANDED HOURS

There have been more changes in the world of listed options in the last 3 years than in the previous 25. There will be more.

One area that has changed recently and will probably change again by the time you read this is expanded trading hours. If this is so important, why is it covered in a LEAPS index chapter? Index products are the first to be included in expanded hours, and the use of LEAPS on these indexes could be an investment worth examining.

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