The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone, Kirk here again at optionalpha.com and welcome back to the daily call. Today, we are going to be looking at the differences between long stock, long call spreads and leap options, especially if you are insanely bullish on a particular stock or a particular ETF. This actually came in from one of our members in the Option Alpha community, so thank you guys again for submitting questions because this does really help me figure out what you guys are interested in. I would've not necessarily put all these topics together in one quick little daily podcast, but this is what we’re doing because this was a question from somebody. They were particularly interested in this because they are super, super bullish for whatever reason on Apple. Not that I’m not or the other way. They’re just insanely bullish. The question becomes, “What do you do?” Well, I think it really comes down to just tradeoffs and just understanding what the differences are. The first one is long stock. Now, long stock has the ability to