Apesop's Fables
49 posts
I've made multiple $100,000’s trading LEAPs.
Here are 10 tips to help you make more and lose less:
1. Buy at least 1 year out.
Time is the whole point of a LEAP. Anything under a year and theta is already working against you. Give yourself room to be wrong on timing and still be right on direction.
2. Don't always go deep ITM.
Deep ITM gives you safety. ATM gives you leverage. Slightly OTM gives you asymmetry. Match the strike to your conviction level, not to a blanket rule you read online.
3. Pick stocks you'd hold for 2+ years.
If you wouldn't buy and hold the shares, you have no business buying the LEAP. Conviction is what keeps you from panic selling on a red week.
4. Size like you're going to be wrong.
LEAPs should be a small part of your overall portfolio. I never have more than 10% of my total portfolio in LEAPs combined. The leverage works both ways. Size every position like you could lose it all.
5. Buy at support, not at resistance.
The best LEAP entries come at critical support levels or oversold conditions. If a stock you have conviction in pulls back to a key level, that's when you get aggressive. Chasing breakouts with LEAPs is how you overpay for time.
6. Don't buy LEAPs into earnings.
IV crush will destroy your position even if the stock moves in your direction. Buy after the event, not before it.
7. Monitor your position as expiration approaches.
If you're deep ITM with 90-120 days left, you have options. Exercise, sell to close, or roll out. If you're at or near the money, theta is accelerating and you need to make a decision. Don't wait until the last month to figure out your plan.
8. If the thesis is intact, hold.
Don't cut a winning LEAP just because you're up 50%. If the reason you bought it hasn't changed, let it work. The biggest LEAP wins come from patience, not from taking profits too early.
9. The stock doesn't need to hit your strike.
A LEAP can double in value well before the stock reaches the strike price. You're trading the move, not the destination. Don't hold out for the strike when the profit is already there.
10. Journal every LEAP trade.
Write down why you entered, what your target is, and what would make you exit. When the position is down 40% and your gut says sell, the journal is what keeps you honest.
LEAPs are the most powerful tool in options if you use them with discipline. Without it, they're just expensive lottery tickets.
I created a LEAPS Cheat Sheet PDF that goes over my whole process.
Comment “LEAPS” and I’ll send it over to you.
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As you all know, I’m officially restarting the $500 to $1 Million 2026 Challenge this week 🚀
I’m opening a FREE private X group where you’ll see my exact entries & exits live.
To be added:
Like + Comment “$SPY”
(You must be following!)
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I’ve made over $100,000 in just 3 months using my custom CBC strategy.
Now I turned it into a FREE TradingView indicator that tells you exactly when to buy and sell—no guesswork.
I’ve been testing it for months, and it’s been printing. 📈
Like + Comment “Trade” - I’ll DM it to you.
(Must be following to DM)
$SPY $SPX
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2-Tier Alert System PDF
-Spend less screen time
-Never miss an altcoin pump
-Catch the most profitable trades in a bull market
Follow and comment "Yes" and I'll DM you the link.
Expires in 24 Hours⏳
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now chillguy probably becomes a genuine CTO coin.
chaos is just what we needed.
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My private WhatsApp group for 50k/mo+ eCom owners is LIVE!
My $10M cheat sheets, templates and resources I’m giving away have NEVER been shared publicly.
The group will ONLY open for 30 more days. After that, it’s gone.
Reply “Me” and I’ll send you the link to this group.
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If you need help with knowing what a 10/10 home run creative looks like I got you
Like the First Tweet and Comment “RIP”
I will send you a HIGHLY gatekept site used by the big dogs that provides you with winning ads to rip AND also a backdoor method for product research
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QUICK STORE TESTING + ADS GUIDE🚨
If it takes you longer than 3-4 days to launch a potential multi-million dollar store you’re unserious about this game and you should stop reading RIGHT NOW and go put the fries in the bag
Day 1 - 10 hours of good product research/validation
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