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If you are not familiar with options, I would suggest reading my first 6 posts:Part 1 - Introduction to optionsPart 2 - Selling Put optionsPart 3 - Buying Put optionsPart 4 - Selling Call optionsPart 5 - Buying Call optionsPart 6 - Common Issues faced when selling or buying optionsWhat are LEAPS?LEAPS (Long-term Equity AnticiPation Securities) refers to option contracts with expiration dates longer than a year, and can go up to 3 years. If you hear people saying they are selling or buying LONG PUTs or LONG CALLs, they are referring to LEAPS.What is the difference between LEAPS and normal options?LEAPS are just normal options with long expiration dates. They are traded the same way as normal PUT and CALL options. You can BUY and SELL them just like normal options.Where can I find LEAPS?You