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Melly767 Melly767
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LEAPS are a special type of option

▸ that must be exercised within six months.

▸ that can only be exercised on the expiration date.

▸ that cannot be exercised for at least a year after it is is purchased.

▸ that may have an expiration date as long as three years.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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daniboidaniboi
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