Long-term equity anticipation securities (better known as LEAPs) are call options with expiration dates more than 9 months out. They’re one of the most flexible tools for traders and investors who want low-risk exposure to upside, without tying up large amounts of capital.
Instead of buying stock outright, you can buy a LEAP call on a strong name and hold it for months, or even over a year. You still participate in price appreciation, but with limited downside, defined capital risk, and often much better return on investment.
Using the Option Samurai Options Screener, you can identify smart, data-driven LEAP call opportunities in seconds. Here are some of the best ways to trade LEAP calls with predefined scans.
Not all long-dated call options are created equal. Depending on your market view and risk profile, you might want to:
Ride a strong trend with positive fundamentals
Buy deeply oversold names before a recovery
Target high upside based on analyst expectations
Below are three LEAP call scans available on the Option Samurai screener for options that are tailored to each of these strategies:
This is a core strategy for swing traders, investors, or anyone looking to capture continued upside in strong companies.
The scan finds LEAP calls where:
The stock shows steady bullish momentum (RSI(50) between 25–70)
Fundamentals are solid (positive earnings, growth potential)
Analyst targets are above the current price
The breakeven point and max loss are well-controlled
Why use this scan?
To gain exposure to high-quality companies without paying full stock price
To ride long-term trends with time cushion and less stress
To build structured long positions with limited downside risk
This is a great fit for bullish traders who want to trade like an investor, but with better capital efficiency and a clearly defined exit path.
Sometimes the best trades come from buying weakness. This scan focuses on LEAPs for stocks that are:
Fundamentally sound
Technically oversold (RSI(50) < 30)
Trading far below their 200-day moving average
The thesis here is simple: when quality names get hit too hard, they often revert. The LEAP call gives you a long runway to profit from that rebound, without overcommitting capital or risking too much on short-term timing.
Use this scan when:
You want to bet on a rebound after a washout
The macro is messy, but the company is solid
You prefer defined-risk setups over buying stock outright
This strategy can work especially well during market corrections or earnings overreactions.
This scan goes straight for asymmetric reward. It finds LEAP calls where, if the stock hits the average analyst target, the option return is exceptionally high, often several times the premium paid.
How it works:
Stocks must have strong fundamentals
Options must offer a favorable risk/reward profile
The scan ranks trades by potential return at target
This is ideal for:
Swing traders who align with analyst price objectives
Investors who want to front-run Wall Street upgrades
Long-term call buyers looking for the best upside per dollar risked
The scan helps you focus not just on directional bias, but on whether the math makes sense. You get realistic break-even levels, long timeframes, and tight filters for quality.
LEAP calls give you a clean way to express bullish conviction, whether you're targeting strong stocks, oversold recoveries, or analyst-driven price targets.
Option Samurai helps you build these trades with:
Precise filters for fundamentals, technicals, and risk
Built-in scans tailored to long-term options
Fast scanning tools that do the heavy lifting for you
Whether you want to ride trends, catch rebounds, or chase upside, the LEAP scans on Option Samurai make it easy to find trades that fit your plan, with smart entry points and real edge.
Start your free trial today (no credit card required) and find the best LEAP call setups across the market in seconds.