Does anyone use LEAPS (Long-term equity anticipation securities for AIM investing? They are special kind of options for stocks that don't expire for two years. They can be rolled over forward every year so that they will never expire. They move in price 4-5 times as much as the underlying stocks do. LEAPS create a lot of buying and selling cycles for AIMers, which in theory gives potential for higher volatility and thus more profits.
Has anyone used LEAPS successfully? How do they compare to 3X leveraged ETF's for example? They look very interesting. I haven't seen anyone talking about them on this message board.
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