/biz/ - Business & Finance

there was a good discussion about far ITM leaps vs OTM leaps
Which one is more lucrative overall?
I have OTM LEAPs on ARKK, they've made me some decent money this week (11.35%).
Would I have made more if those LEAPs were deep ITM?
What if my OTM leaps end up being solidly ITM in the next 6 months? Which strategy brings more money?

>>25995963
That's what I'm doing. Since you can make a lot of money quick, you'll get your dick taxed off if you hit something big if it's in a taxable account.
LEAPs are also generally a good bet if you're doing them on ETFs that have a history of going up over a 1-2 year period like SPY. Remember, you can always roll them out.
Or you can get risky and do them on stuff like ARKK, like I did on Monday.
Also depends on age, capital, etc.