---
title: "I made dozens from leaps calls"
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/34480179.md"
description: "leaps call experience sharing: 1, leaps mindset: first ask yourself how much loss you can accept, thousands, tens of thousands, once you start, it's best not to look back. A counterexample is the early 2025 leap Alibaba, the timing was perfect, but halfway through, you doubted your judgment. The stop-loss was just a few thousand in premium, but what you missed was ten or a hundred times the value of in-the-money options. 2, leaps timing: whether it's a moment of market panic, whether the stock price has fallen enough, whether the leap target has a relatively high moat, such as Amazon..."
datetime: "2026-01-28T13:44:52.000Z"
locales:
  - [en](https://longbridge.com/en/topics/34480179.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/34480179.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/34480179.md)
author: "[trend](https://longbridge.com/zh-CN/profiles/12647527.md)"
---

> 支持的语言: [English](https://longbridge.com/en/topics/34480179.md) | [繁體中文](https://longbridge.com/zh-HK/topics/34480179.md)


# I made dozens from leaps calls

  
Leaps call experience sharing:

  
1\. Leaps mindset: First ask yourself how much loss you can accept, thousands, tens of thousands. Once you act, it's best not to look back. A counterexample is the early 2025 leap on Alibaba. The timing was perfect, but halfway through, doubts crept in. The stop-loss was just a few thousand in premium, but what was missed were the tenfold or hundredfold gains from in-the-money options.

  
2\. Leaps timing: Is the market in panic? Has the stock price fallen enough? Does the leap target have a high moat? For example, Amazon has a high moat, but the drop wasn't panicky enough, so the leap's cost-performance is mediocre—better to wait for now. During a crash, don't rush in. Let the bullets fly for a while, wait a few days or weeks for the market to fully digest the shock. A little more patience might reveal a very attractive price.

The best timing is when the market is nearly desperate about the target, offering the highest cost-performance—when you can't imagine things getting any worse.

  
3\. Leaps duration: At least 3 months, preferably 4, 6, 9, or 12 months. Because within 2 months, time decay accelerates nonlinearly.

  
4\. Leaps strike selection: Round numbers are best. Choose out-of-the-money leaps, about 10–30% away from the target price, with open interest of at least thousands to ensure liquidity.

  
5\. Leaps taboo: Don't blindly average down on options. After establishing a position, usually just leave it alone. Plant the seed, then wait. Adding to the position means increasing the bet. If you get carried away and lose big, you might lose all your chips.

  
6\. Leaps floating profits: If the direction is right, reduce the position to lock in gains and recover costs, making it easier to handle market volatility. You're already in an unbeatable position. Always have a profit-taking plan—don't hold stubbornly. Counterexamples: UNH call with 15 points of floating profit but no exit strategy, ending up with nothing; AMZN with 20 points of floating profit but no plan, now only up a few points; SLV, an epic opportunity, exited too early after 5x gains, originally planned a bull call but hit a bug, now 20x—took a long time to calm down. Phased profit-taking is crucial. Don't go all or nothing.

  
7\. Leaps win rate: A high win rate isn't necessary. Just one successful leap can cover the losses from the others.

8\. Leaps holding process: Believe that miracles can happen.

  
9\. Finally, accept the outcome of failed leaps. There's no sure-win, risk-free opportunity. Options are inherently dangerous—only play if you can afford to lose.

If I had held the leap calls, by now this year, I could have made about 100 more. But there are no "ifs." Preserving half the gains, roughly a few hundred K, isn't much, but it's a start. Making money is secondary; surviving in the market and preserving capital means there's always another chance.

Why write this? It's partly selfish—writing helps me the most, sorting out my thoughts and emotions. Of course, if it helps others a little, that's even better.

Wishing everyone great fortunes!

$Amazon(AMZN.US) $Coinbase(COIN.US) $PDD(PDD.US) $Meta Platforms(META.US) 

$Intel(INTC.US) $Apple(AAPL.US) $Alphabet - C(GOOG.US)

### 相关股票

- [Coinbase (COIN.US)](https://longbridge.com/zh-CN/quote/COIN.US.md)
- [PDD (PDD.US)](https://longbridge.com/zh-CN/quote/PDD.US.md)
- [Meta Platforms (META.US)](https://longbridge.com/zh-CN/quote/META.US.md)
- [Apple (AAPL.US)](https://longbridge.com/zh-CN/quote/AAPL.US.md)
- [BABA-W (09988.HK)](https://longbridge.com/zh-CN/quote/09988.HK.md)
- [BABA-WR (89988.HK)](https://longbridge.com/zh-CN/quote/89988.HK.md)
- [Alibaba (BABA.US)](https://longbridge.com/zh-CN/quote/BABA.US.md)
- [Amazon (AMZN.US)](https://longbridge.com/zh-CN/quote/AMZN.US.md)
- [Intel (INTC.US)](https://longbridge.com/zh-CN/quote/INTC.US.md)
- [Alphabet - C (GOOG.US)](https://longbridge.com/zh-CN/quote/GOOG.US.md)
- [Direxion Daily AMZN Bull 2X Shares (AMZU.US)](https://longbridge.com/zh-CN/quote/AMZU.US.md)
- [GraniteShares 2x Long COIN Daily ETF (CONL.US)](https://longbridge.com/zh-CN/quote/CONL.US.md)
- [XI2CSOPCOIN (07311.HK)](https://longbridge.com/zh-CN/quote/07311.HK.md)
- [GraniteShares 2x Long AAPL Daily ETF (AAPB.US)](https://longbridge.com/zh-CN/quote/AAPB.US.md)
- [Direxion Daily AAPL Bear 1x Shares (AAPD.US)](https://longbridge.com/zh-CN/quote/AAPD.US.md)
- [Direxion Daily AAPL Bull 2X Shares (AAPU.US)](https://longbridge.com/zh-CN/quote/AAPU.US.md)
- [T-Rex 2X Long Apple Daily Target ETF (AAPX.US)](https://longbridge.com/zh-CN/quote/AAPX.US.md)
- [Kurv Yield Premium Strategy Apple Aapl ETF (AAPY.US)](https://longbridge.com/zh-CN/quote/AAPY.US.md)
- [YieldMax AAPL Option Income Strategy ETF (APLY.US)](https://longbridge.com/zh-CN/quote/APLY.US.md)
- [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/zh-CN/quote/KBAB.US.md)
- [Alibaba HK SDR 5to1 (HBBD.SG)](https://longbridge.com/zh-CN/quote/HBBD.SG.md)
- [INTEL-T (04335.HK)](https://longbridge.com/zh-CN/quote/04335.HK.md)
- [Alphabet (GOOGL.US)](https://longbridge.com/zh-CN/quote/GOOGL.US.md)

## 评论 (34)

- **每日进步一点点 · 2026-02-27T06:32:09.000Z**: Here to learn again
- **trend · 2026-02-27T05:25:02.000Z · 👍 1**: I am practicing my LEAPS Call philosophy. I lost to greed last time, not taking profits on AMZN despite huge floating gains. There were even four good opportunities to exit in between, but the final outcome was turning a peak floating gain of 200k into a floating loss of 50k upon exit.This time, I c
- **zag · 2026-02-02T14:00:04.000Z**: Finally didn't call it chinglish long call, better than someone
- **优秀的达不刘 · 2026-01-29T06:24:14.000Z**: All are solid content, technology + mindset
- **股市练习生 · 2026-01-28T17:14:21.000Z**: Thanks for sharing, I'll study it carefully
- **洺燕堂413 · 2026-01-28T16:51:52.000Z**: 👍
- **新手小新 · 2026-01-28T16:32:01.000Z**: Okay, give it a try, I've always been selling puts before
  - **绝不追高** (2026-01-28T23:06:48.000Z): I used to be the same. Earned 8 times, lost it all in 1 mistake. Later mainly focused on LONG CALL.
- **麻子受害者 · 2026-01-28T15:35:27.000Z**: My CDE, missed out on more than 100%😭
- **我的小钱钱 · 2026-01-28T15:05:51.000Z · 👍 1**: I remembered my Google call last year
  - **trend** (2026-01-28T15:22:06.000Z): googcall is also hard to accept
  - **小鹿快跑** (2026-01-28T18:10:21.000Z): I also bought a call at 150, and sold it when it rose to 200
- **进度条 · 2026-01-28T14:59:39.000Z · 👍 1**: If Sandisk is bought at the lowest point, how much money can be made?
  - **trend** (2026-01-28T15:22:27.000Z): Without this awareness, didn't make money from SanDisk
  - **进度条** (2026-01-28T16:34:53.000Z): Yeah, it dropped to 184 before, I thought it would keep falling, so I didn't buy. Now it's already at 500, I'm so screwed.
  - **赚总** (2026-01-28T16:58:35.000Z): There's a cognitive bias. There was nothing to begin with, so why say it's a loss? This kind of thinking is the same as 'if you don't pick up money on the street, it counts as a loss'.
- **Kerry Yee · 2026-01-28T14:54:04.000Z · 👍 1**: Although I don't understand yet, I'll like and save it first
- **OMMGMH · 2026-01-28T14:47:53.000Z · 👍 1**: Will Amazon never come back?
  - **trend** (2026-01-28T15:22:54.000Z): Amazon is prone to dropping the ball, not very strong, just let it be
- **天天晴朗 · 2026-01-28T14:29:28.000Z**: Is this talking about single-leg options?
  - **trend** (2026-01-28T15:22:59.000Z): Yes
- **卯月 · 2026-01-28T14:13:42.000Z · 👍 1**: Thanks for sharing😃
- **沉住气 · 2026-01-28T14:09:37.000Z · 👍 1**: Thanks for sharing
- **Jason4HK · 2026-01-28T14:07:20.000Z · 👍 1**: Let the bullet fly for a while
- **PPAB · 2026-01-28T14:05:11.000Z · 👍 1**: Recently started learning about options investment strategies, options are really fascinating～
- **大道顺势而为 · 2026-01-28T13:59:33.000Z · 👍 3**: If you have a 'what if' mentality, it's easy to FOMO
- **AceFantasy · 2026-01-28T13:56:57.000Z · 👍 2**: Thanks, that was very valuable. Based on your experience, options require a lot of practice to develop good market intuition.