Leaps: Long-Term Equity Anticipation Securites: What They Are and How to Use Them for Profit and Protection

LEAPS is a helpful manual and it can be followed by readers who have basic knowledge on options. Roth analyzes in a very vivid and enjoyable way LEAPS and offers to the investor all the necessary background. I really enjoyed reading it.

This book is clearly written and was well worth buying. I wish I could benefit further from this man's work and knowledge, but unfortunately he died several years ago.

I read everything I can get my hands on. No matter how you choose to trade options (buying, selling, spreading, stradling) you will find insight in these easy-to-read pages. Although written with the LEAPs investor in mind, ALL of this book is applicable to shorter term option trades. The author's clarity is superb, and includes excellent examples. I have used the LEAPS Money Generator and covered straddles (chapter 13) with 1 and 2 month options with great success. Don't pass up this book on options because of the L (for long-term)in its title. You can apply every technique to any time frame! The bonus is that if you never considered LEAPS option trades, I think you will find a new respect and use for them in your trading plan.

I read this book from the context of a long-term buy and hold, value-oriented investor. Although I take what options/LEAPS experts say with a grain of salt because their perspective is so often technically (read: chart, volatility) oriented, at the end of the day I must concede that Harrison Roth's claim that there is an options/LEAPS strategy for every cloth is accurate. Roth's book is much funner to read than the average investment strategy book. Rereading "LEAPS" is hardly a chore --and readers will likely find themselves rereading, with pleasure, as new investment opportunities arise.

If you like options you'll love this book. In fact, you absolutely have to have this book. If this dosen't get you excited about Long- Term Equity Anticipation Securities, then roll over, you're dead!"Leaps" covers strategies from basic to advanced. Very importantly, it explains the differences between Leaps and ordinary options. Beginners and experienced traders will benefit from this well organized and very humanly written book. The author takes the reader step by step through each strategy by richly illustrating it with examples and a summary in which risks and rewards are clearly explained. I liken his style to a Guru who sits down with you and, in a very conversational style, takes you step by step from the very basic to the most complex of strategies. The author discusses strategies suited for the most conservative investors as well as the more speculative investors.This book is truly a treatise which takes a complex subject and beautifully reduces it to simple terms. Like the Bible, you will find beauty in each chapter and you will want to read it over and over again. I have read at least five other books about opitions, but none come close to this book. Joseph P. Klein, Sr.