Motley Fool senior analyst Jeff Fischer answers a viewer's question: "What are the three most important things when buying a LEAP call option?" Jeff's response:
- Understanding the business you're buying and making sure it's attractive to you.
- Making sure the company has an upside catalyst that will drive share prices higher within the next two years.
- Not paying too much for your call option.
See more in the following video.
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Jeff Fischer owns no shares of the companies mentioned here. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.