Ask the Institute

DATE: October 18, 2001

Are LEAPS (Long Term Equity AnticiPation Securities) available only on specific equity securities, or can you buy leaps on indices. Where do I find prices on LEAPS?

LEAPS can be purchased on approximately 10% to 15% of all stocks that have options listed. To find a list of equity securities and indices you can go to the CBOE website at to find available LEAPS options. To find prices you can click on the following link and receive real-time quotes through a pay service or receive 20 minute delayed quotes free through our site.