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Most options traders wing LEAPS and get crushed by theta.
I treat them like core equity positions. Before I touch an option chain, I run every setup through a strict 5-step checklist.
Here is the exact framework
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EDGE REPORT | PRE Market
Futures green overnight after Friday’s soft close. ES +0.3%, oil dumping –2.3%. VIX still elevated.
Green open or fade?
Markets Year To Date
Spooky season and earnings season both kick into high gear this week, plus the Fed will announce an interest rate decision on Wednesday
Bio Tech Stocks to watch this week to either Sell CSPs or swing trade.
Do you follow any BioTech stocks drop them in the comments
🤖 Made with AI
New Stock screener I have been working on, Its called Squeeze Play - stocks that are primed for a short squeeze.
Any on the list that you like ?
🤖 Made with AI
A $0.30 credit on a 1-wide spread risks $0.70. Win 70% of the time and you’re about break-even. Win rate means nothing without the math.
Had a lot of comments and questions about LEAPS Options so thought I would share my checklist
Let me know if you would like some vidoes about LEAPS👇
LEAPS = a long-dated call, 1+ year out. Stock-like upside for a fraction of the cash. Go deep in the money so you’re buying the stock’s move, not a lottery ticket.
why are you not trading LEAPS?
Is risk appetite coming back? Not yet.
None of our four signals turned on
Tech is still near the bottom of the sector ranks.
Chips are still in last place.
Defensive sectors are still leading.
MSFT is the only big AI name above its 50-day average.
Inside the market, money moved toward Regional Banks (+3.8%), Homebuilders (+3.6%) and Retail (+1.5%).
AI hardware trade kept falling. Semiconductors (SMH, −6.4%) finished last of 20 themes for the second week in a row. Gold Miners (−6.1%) and Uranium (−5.6%) were just above it.
The market is still risk-off.
Defensive sectors beat offensive ones by 2.8% this week same gap as last week.
EDGE REPORT Sector Screener Trading Desk Graph












