All of the following are characteristics of LEAPS,except:
A) Leaps have up to two years of expiration
B) Leaps have generally been limited to "blue chip" stocks such as Coca-Cola,Dow Chemical,General Electric,IBM,and others
C) Leaps have the same characteristics as the short-term options,in general
D) Leaps generally have lower premiums because of their length
Correct Answer:
Verified
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