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waheeb,
Leaps are long term (currently being sold for Jan 1999 and Jan 2000 expiration) options to buy or sell a stock at a fixed price. Check full information at CBOE's web site at www.cboe.com.
Jim Perry
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From: waheeb[SMTP:WAHEEB@xxxxxxxxxxxxxx]
Sent: Monday, September 01, 1997 12:38 PM
To: Metastock list
Subject: Re: large cap and leaps
can someone tell me what does leap mean and why do you need it?
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