LEAPS


Also found in: Dictionary, Thesaurus, Legal, Acronyms, Idioms, Encyclopedia.
Related to LEAPS: leaps and bounds

LEAPS

Long-Term Equity Anticipation Securities

Stock options with expiration of two to three years following issue. Most stock options expire nine months after issue; an advantage to LEAPS is the fact that there is a longer period of time for a desired price movement to take place, maximizing the possibility of profit. However, LEAPS are more expensive than other stock options.

LEAPS

Long-term equity anticipation securities (LEAPS).

These long-term options on stocks have expiration dates of up to three years rather than the shorter terms of most stock options, which are never longer than nine months.

The benefit of LEAPS, from an investor's perspective, is that there's more time for the price movement you anticipate to occur.

However, LEAPS are available on fewer underlying stocks than standard options, and they are generally more expensive than the shorter term options on the same security.

References in periodicals archive ?
Magic Leap said that the Lightwear goggles will come in two sizes.
Pricing and the exact shipping date haven't been given yet for the Magic Leap One, but the company says that it will ship in 2018.
6 Dutch scientists produced solid helium on Leap Day 1908.
8 Ann Lee (founder of Shakerism) was born in Manchester Leap Day 1736
Its ubiquitous nature and the uniform browser access software seems to have removed one of the final barriers, namely distribution and access, in the path of the information provider looking to make the leap to electronic journals.
Is the Web really the missing piece in the puzzle for libraries looking to make the leap to electronic collections?
So what does the library need before it makes the giant leap from paper to electronic collections?
Without a doubt there will be no leap to electronic journals if this basic right is not granted by the journal publishers.
In addition, Pocket will be obligated to sell its interest in the joint venture to Cricket in the event of a Leap change of control.
According to Leap, combining Pocket with Cricket's existing base gives it approximately 18% of the wireless market in that region.