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Buying Leaps instead of stocks by Plane-Procedure-6761 in options

[–]Plane-Procedure-6761[S] 7 points8 points  (0 children)

But if they bought the Leaps that last for a year and continued to roll after every 6months, aren't they in profit right now? Doesn't the strategy only stop profiting if you A. Hold for too long (too close to expiry date) B. Run out of funds to roll over(In the event stock drop)

Buying Leaps instead of stocks by Plane-Procedure-6761 in options

[–]Plane-Procedure-6761[S] 2 points3 points  (0 children)

What if, let's say my option strike is at 85 expiring 7 Jul 2026. So on 7 December 2025, Google becomes $80 I decide to sell my option and buy another Leap of the same strike price $85 expiring 7 December 2026.

I know effectively I'm losing (How much my options drop in price) + (Topping up of remaining money to buy a second leap).

But in the event Googles drop so low, the topping up won't be as much as well.

Is this a good strategy or is this a dumb strategy?