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LEAPS is short form for Long Term Equities AnticiPation Securities and are simply options with very long expiration dates of typically more than a year.

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What forms of LEAPS are available?

Long Term Equity AnticiPation Security (LEAPS) are a financial product known as options. These options have a longer term until expiry than the more common options available. LEAPS are now available for equities as well as indices.


WHAT do you mean by leaps in financial term?

LEAPS stands for Long-Term Equity Anticipation Securities. They are long options contracts with expiration of up to 39 months and expire every January regardless of age.


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