A Calculated “LEAP” of Faith (3 of 8)
Welcome to Part 3 of the Automatic Trading Millionaire Signature Success Series. We put this video series together to help you get started using your subscription.
The series is broken into seven small parts. And by the end of it, we’re guaranteeing that you’ll feel more knowledgeable… more empowered… and more confident about options. In fact, you’ll be perfectly positioned to execute your very first Automatic Trading Millionaire put-selling trade.
Below, you’ll find Part 3 of the series. In this video, you’ll learn about Long-Term Equity Anticipation Securities, or LEAPS. These are options that allow you to fully participate in the upside of a stock’s move (or downside if you are buying LEAP puts) while using just a fraction of the cash you would ordinarily devote to a stock purchase.
Be sure to familiarize yourself with this video (you can take notes if you’d like!) before moving on to Part 4.
***Note: Throughout the series, we use a virtual trading tool from the Chicago Board Options Exchange (CBOE). While this site is no longer live, the strategies and examples we show will still reflect how to properly trade an option.