Posts  / SPY  / #POST-252509
REDDIT

Wanting to buy LEAPS calls, but the stock market doesn't look good

Z
Sep 29, 2026 · 21:26

Geopolitical tensions affecting oil price directly, which directly affect monetary policy by having more rate hikes in the near term, mid-term elections uncertainty.

I am currently mostly in cash with few protective puts on the indexes.

Plan is:

\- Buy +365DTE, 0.8-0.9 DITM calls Nancy Pelosi style on SPY or VT alternative that has a more liquid options chain, as well as GLD

\- Roll it every 90DTE-180DTE, as I have a small account and would like to have share-like exposure by controlling more shares through such LEAPS, no crystal ball, but almost guaranteed the market will go down at least until Q1 2027