Replies to post #36936 on Options Wonderland

[VERITAS77]

A LEAP CONTRACT,
Is awesome.

You have your typical options right, ok..
SO...

A leap contract is like a super option.
You pay a slight premium, but it gives the option to lock in a certain price on things for *** YEARS *** =)

Like gold/silver the way things are going may double or better in value, who knows right. So with a leap contract you can buy silver 2-3 yrs from now for 11-12 oz when it may be 20-35oz etc.

Actually, if a commodity moves 20%.... I think the Contract gains 100% value.

So you can imagine the commodity gaining 200%.
The contract would prolly be worth 10x20's you purchase price.

Worth looking into.