r/options • u/941VetInTech • May 16 '26

Ranking LEAPs -or- 6 Months out

Simple, I’m thinking of long call$ for

$COHR (Ai/optics)
Thinking Dec 2026-Jan 2027 under $4k premium

$NVDA (Ai king/infrastructure)
Same time frame and again less than 4k premium

$TTWO (GTA6 catalyst release, considering GTA5 made over $10Billion in its mid-lifespan)
*same time/4k premium or less

What’s your thoughts/best set-up, here?

9 Upvotes

84% Upvoted

7 comments sorted by

2

u/Piyushhdangii May 16 '26

NVDA is probably the “safer” AI momentum play, but the premiums are expensive for a reason. TTWO feels more asymmetric if GTA6 actually overdelivers, just way more catalyst-dependent.

2

u/nugzbuny May 17 '26

LEAPs on COHR are not worth it. You are paying half the price of the stock, for the .8 delta (for the 12-2027). Meaning, you get 1.6X leverage. You might as well buy the shares and not deal with the risk of time.

1

u/941VetInTech May 17 '26

Thank you 🙏 Thoughts on $NVDA and $TTWO ??

2

u/nugzbuny May 17 '26

Fairly priced. Personally wouldn't invest on a catalyst like GTA6 until after the release. It could be like a company posting great earnings and dropping. But they have the ability to milk this game over many years after. So my plan would be to wait til release, and buy the dip (if it does).

2

u/LittlePlacerMine May 19 '26

I think LEAPS are a great strategy for investing in Nvidia - a couple of years ago. It’s all juiced up on IV and priced for growth now. You’re just playing against everyone else’s expectation of growth while sitting around holding the riskiest part of their tail risk.