Hi Adam
Re: leaps
You can either use them to reduce risk and allow more diversification or you can control twice as many shares.
If I was going to buy 1000 shares of a $10 stock I can do that with $10,000 in stock and $10,000 in cash or I can buy 10 $5 CALL contracts for lets say $5 or $5,000 invested in stock and $15,000 in cash. In both cases my gains and losses will be the same. Using LEAPS though I would have more cash to use in a downturn.
If I invest $10,000 in the LEAPS my gains or losses will be doubled ( depending on how Aim does )
I sell out of the money calls to pay the time premium.
Toofuzzy
Take the road less traveled. It will make all the difference.