Long Term Equity Anticipation Securities (LEAPS®) are long term options available on over 1000 equities and 11 indexes. LEAPS® provide investors with a longer term view of the market as a whole or on an individual stock. As with traditional short term options, LEAPS® are available in two types, calls and puts.
A full description of LEAPS and Single Stock Futures as a trend follower, along with frequently asked questions, can be found here.
LEAPS® Options Video