We’ve had a few questions this week about the listing of LEAPS options for 2016.
LEAPS for 2016 were added for equities (stocks) and ETF’s in the January Cycle this past Monday, September 16th. When traders refer to the January cycle, they mean stocks that are in the January, April, July and October Cycle. These are sometimes called “Cycle 1”, it’s the same thing.
Cycle 2 (Feb, May) 2016 LEAPS are scheduled to be added Monday October 14th.
Cycle 3 2016 LEAPS (March, June) will be added Monday November 11th.
Remember, not every stock or ETF has LEAPS. Check your brokers or CBOE’s quotes system to see if the stock you’re looking at has 2016 LEAPS.
CBOE Information Circular # IC 13-059 dated August 12, 2013 is the official document explaining the 2016 LEAPS additions. Good trading.