Definitions for leaps
leaps

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1. leaps

   In finance, Long-term Equity AnticiPation Securities (LEAPS) are derivatives that track the price of an underlying financial instrument (stocks or indices). They are option contracts with a much longer time to expiry than standard options. According to the Options Industry Council, the educational arm of the Options Clearing Corporation, LEAPS are available on stocks and indexes that have an average daily trading volume of at least 1000 contracts. As with standard options, LEAPS are available in two forms, calls and puts. Options were originally created with expiry cycles of 3, 6, and 9 months, with no option term lasting more than a year. Options of this form, for such terms, still constitute the vast majority of options activity. LEAPS were created relatively recently and typically extend for terms of 2 years out. Equity LEAPS typically expire in January. For example, if today were December 2020, one could buy a Microsoft option that would expire in January of 2021, 2022, or 2023. The latter two are LEAPS. In practice, LEAPS behave and are traded just like standard options. When LEAPS were first introduced in 1990, they were derivative instruments solely for stocks; however, more recently, equivalent instruments for indices have become available. These are also referred to as LEAPS.

Anagrams for leaps »

1. lapse

2. pales

3. peals

4. pleas

5. salep

6. sepal

7. spale

How to pronounce leaps?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say leaps in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of leaps in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of leaps in Pythagorean Numerology is: 8

Examples of leaps in a Sentence

1. Anthony Barnosky:

   But I'm optimistic in the sense that humans react -- in the past we have made quantum leaps when we worked together to solve our problems.

2. Simon Lewis:

   I think these have been really quite significant changes that we now accept but at the time they were quite significant leaps.

3. Jerry Coleman:

   Gonzo leaps like a giraffe and grabs it.

4. Josh Dunlap:

   His teachers have done an amazing job, they are focusing on his speech and muscle performance; they focus on word recognition and speech and motor skills. His teachers last year (say he improved by) leaps and bounds, they even attributed the change (to) Groot.

5. Hendrik Vos:

   Europe doesn't move in giant leaps. It moves forward, muddling through.

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