A Simple Guide to LEAPS Investing: Build Wealth and Generate Income with Long-Term Options and Poor Man’s Covered Calls (Simple Guide To Options)

If you’ve ever wanted to learn how to trade options safely and profitably, this book will show you how — step by step. In my first book, A Simple Guide to Selling Options, I explained how to sell puts and run The Wheel Strategy on blue-chip dividend stocks to generate steady, low-stress income. That approach still works — and it’s perfect for beginners — but what if you want to magnify your returns without taking reckless risks? That’s where LEAPS options come in. LEAPS (Long-Term Equity Anticipation Securities) are long-term call options that let you control 100 shares of a stock for a fraction of the cost of owning them outright. In this book, I’ll show you how I use LEAPS to build leveraged positions on quality companies like Apple, Nike, and PayPal — and how to manage them like a pro. You’ll learn: How to pick the best stocks for LEAPS options How to choose the right strike price and expiration date How to trade Poor Man’s Covered Calls (PMCCs) for monthly income How to manage risk and protect your capital How to decide when to take profits and when to let winners run You’ll also see real trade examples, including a textbook Apple PMCC that returned 11% in just 18 days — and the lessons I learned from dozens of other real-world trades. Whether you’re a beginner learning options trading for the first time or an experienced investor looking for a smarter way to build wealth, this short, practical guide gives you a repeatable framework for long-term success. By the end, you’ll understand why I now focus almost entirely on buying long-call LEAPS on quality stocks — and why this simple, low-maintenance strategy has been my most profitable approach yet. If you want to learn options trading, build consistent income, and invest smarter with LEAPS, this book will show you exactly how to do it. View Less