This Options Strategy I will Certainly Use for LIFE!

Why I’m Using LEAPS For Life: The Death of Weekly Options

TradingWarz: Invest & Trade

May 21, 2026

Why I’m Using LEAPS For Life: The Death of Weekly Options

“Rich, why aren’t you buying weeklies anymore?”

That’s the most common question I get from retail traders looking for a quick dopamine hit. Let me tell you a secret: I used to be that guy. In the past, I was the trader chasing cheap, out-of-the-money weekly options that constantly expired worthless. Predictably, it led to the ultimate retail rite of passage: I blew up my account. That failure forced an institutional pivot. I stopped gambling and started building a systemic machine. I shifted my short-term engine to futures (/ES) and premium selling, and for my long-term plays, I moved exclusively to LEAPS (Long-Term Equity Anticipation Securities).

Today, my net liquidity sits at a clean $1,600,000, and I am smiling. Here is the exact mathematical blueprint of why LEAPS are a core pillar of my wealth-building framework for life.

The 80/20 Focus: Capital Efficiency over Cash Lockup

The 20% Effort: “The Leverage Squeeze.” 80% of retail traders treat options like lottery tickets. Elite operators treat them as direct, high-efficiency replacements for physical equity. By utilizing deep In-The-Money (ITM) contracts with a 1 to 3-year expiration, we gain massive exposure for a fraction of the price.
The 80% Result: “Infinite Margin Flexibility.” Let’s run the ledger on Alphabet (GOOGL). If you buy 100 shares of stock at $150, you lock up $15,000 of hard cash. With LEAPS, you can capture that exact same 100-share upside for roughly $3,457. The remaining $11,500 isn’t idle; it stays in our core account to harvest weekly premium, run 1-1-2 traps, and scale the capital base.

The Math: Inside the 500%+ GOOGL Multi-Bagger

As a CPA, I let the balance sheet do the talking. Look at the live realized and unrealized returns we are holding right now in the TradingWarz portfolio:

GOOGL Jan 15 ‘27 170 Call: Currently up +530.8% * GOOGL Jan 15 ‘27 185 Call: Currently up +312.6%

We deployed just $3,457 into that 170 strike to yield an $11,000+ unrealized gain. Because our initial capital allocation was completely minimized, our Return on Risk (RoR) becomes completely convex. While standard equity holders are celebrating a modest double-digit move, our synthetic positions are printing triple-digit alpha.

Asymmetrical Options: The Fibonacci Golden Zone Entry

You cannot buy LEAPS blindly at the top of a cycle; otherwise, the option Greeks (specifically high implied volatility and theta) will eat you alive. To beat the market makers, you need a precise technical trigger:

The Setup: Open the Monthly Chart of a Mag 7 asset (like GOOGL, AMZN, or NVDA).
The Trigger: Wait for a structural pullback directly into the 0.618 Fibonacci Retracement level—the Golden Zone.
The Execution: When GOOGL pulled back to its $153 Fib support level, we didn’t panic. We aggressively loaded the 2027 LEAPS ladder at a steep discount. By buying long-term contracts exactly where institutions step in to defend the asset, you give the trade maximum time alpha to play out.

The Elite Verdict

Ninety percent of out-of-the-money weekly options finish completely worthless. Stop donating your hard-earned capital to institutional market makers.

My portfolio is up $31,650 on the day because I refuse to play the retail guessing game. We sell fear to the market on Sunday nights via structural premium, and we deploy those exact wins into long-term, high-convexity LEAPS when our Fibonacci levels say it’s time to strike.

If you are tired of blowing up accounts on short-term noise and you want to see how a $1.6M portfolio is systematically run step-by-step, stop sitting on the sidelines.