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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Jean M. Gauthier who wrote (49647)3/5/1998 11:21:00 AM
From: Paul Engel  Read Replies (1) of 186894
 
Jean - Re: "how the lEAPS work ??"

Leaps are pretty much the same as standard options but the expiration dates are always in January and stretch out to about 2 years.

Both Call Leaps and Put Leaps are traded. Both can be bought or sold.

For a listing of all options for a given stock, including leaps, check out this Dreyfus URL:

206.7.107.50

The Leaps are those options with January 1998, 1999 and 2000 expiration dates. The "Ticker Symbols" are a little odd.

Paul
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