Long-term Equity Anticipation Security

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• Long-Term Equity Anticipation Securities - LEAPS — Publicly traded options contracts with expiration dates that are longer than one year. Structurally, LEAPS are no different than short term options, but the later expiration dates offer the opportunity for long term investors to gain exposure to… …   Investment dictionary

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• LEAPS (finance) — In finance, LEAPS is an acronym for Long Term Equity AnticiPation Security , a financial instrument identical to a regular option except it has a much longer term before expiration. LEAPS are available on approximately 450 equities and 10 indexes …   Wikipedia

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