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	<title>MarketMoMo &#187; Leaps</title>
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		<title>Advanced Options &#8211; LEAPS</title>
		<link>http://marketmomo.com/2008/07/18/leaps/</link>
		<comments>http://marketmomo.com/2008/07/18/leaps/#comments</comments>
		<pubDate>Fri, 18 Jul 2008 22:44:49 +0000</pubDate>
		<dc:creator>MoMoTime</dc:creator>
				<category><![CDATA[Alternative Investments]]></category>
		<category><![CDATA[Leaps]]></category>
		<category><![CDATA[options]]></category>
		<category><![CDATA[Strategy]]></category>

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		<description><![CDATA[LEAPS: This stands for Long-term Equity AnticiPation Securities, and are also known as long dated options. These options have a minimum expiration of 9 months to as long as 39 months. Currently, equity LEAPS have two series at any time with a January expiration. For example, in October 2004, LEAPS were available with expirations of [...]]]></description>
			<content:encoded><![CDATA[<p><strong>LEAPS:</strong> This stands for Long-term Equity AnticiPation Securities, and are also known as long dated options. These options have a minimum expiration of 9 months to as long as 39 months. Currently, equity LEAPS have two series at any time with a January expiration. For example, in October 2004, LEAPS were available with expirations of January 2006 and January 2007.</p>
<p>One would buy LEAPS if you have a long term outlook.</p>
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