Risk Disclosure

General investment risk. All investing involves risk, including possible loss of principal. Markets can be volatile, and the value of securities can decline rapidly.

Options and LEAP-Specific Risks

Total loss of premium. A long call option can expire worthless. The buyer can lose 100% of the premium paid.
Time decay. Options lose value as they approach expiration.
Volatility risk. Option prices are sensitive to changes in implied volatility.
Liquidity risk. Options on less-followed stocks may have wide bid-ask spreads.
Leverage. Options provide leverage, which magnifies both gains and losses.

Before trading options you should read the Options Clearing Corporation's Characteristics and Risks of Standardized Options.

Performance Figures

Any performance figures presented on this site reflect the price movement of the underlying equity from a stated entry date. They do not reflect actual trades, do not account for commissions, spreads, slippage, taxes, or the performance of any specific option contract. LEAP performance will differ materially from the performance of the underlying stock. Figures shown are illustrative only.

Do Your Own Due Diligence

You are solely responsible for your own investment decisions. Consult a qualified licensed financial professional before acting on any content published on this site.