LEAP Calls and Puts

[TomK]

What site do you use to check those out? I'm not sure I've seen delta listed at places like yahoo.

I could see this approach making sense if the stock is near the edge of its range for what seems to be a temporary reason, such as if a great stock has a bad quarter or something. But where the market generally is moving upwards consistently, then many great stocks will be moving along with it and it would seem a much riskier bet that it would revert to its average. What do you think?

Thanks!