Home > Term: Long-term equity anticipation securities (LEAPS)
Long-term equity anticipation securities (LEAPS)
LEAPS® are long-term stock or index options. LEAPS®, like all options, are available in two types, calls and puts, with expiration dates up to three years in the future.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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