LEAPS vs. Margin Comparison for GLD
Stock Price: $310.68
Option Symbol: GLD260918C00320000
Option Expiry: 2026-09-18
Days to Expiration: 409 days
Strike Price: $320
Option Premium: $21.85
Live Delta: 0.5621
LEAPS Leverage: 7.99x
LEAPS Breakeven: $341.85 +10%
LEAPS Premium: 7%
Additional Greeks:
Gamma: 0.0075
Theta: -0.0408
Vega: 1.2977
Rho: 1.7052
Implied Volatility: N/A
Open Interest: N/A
Scroll down to Unlock the Full Report
Scenario Comparison
Initial Investment: $2,185.00
Exit Strategy: Sell After 1 Year
LEAPS Gain = Intrinsic Value + Time Value
44 Time Value Days Remaining
| Stock Move | New Price | LEAPS Gain | LEAPS ROI | Margin Gain | Margin ROI |
|---|
| 50% | $466.02 | $12,932.76 | 591.89% | $2,050.30 | 93.84% |
| 25% | $388.35 | $5,165.76 | 236.42% | $962.92 | 44.07% |
| 10% | $341.75 | $505.56 | 23.14% | $310.49 | 14.21% |
| 0% | $310.68 | $-1,669.24 | -76.40% | $-124.46 | -5.70% |
| -10% | $279.61 | $-1,669.24 | -76.40% | $-559.41 | -25.60% |
| -25% | $233.01 | $-1,669.24 | -76.40% | $-1,211.84 | -55.46% |
| -50% | $155.34 | $-1,669.24 | -76.40% | $-2,299.22 | -105.23% |
Stock Move: 50%
New Price: $466.02
Intrinsic Value: $14602
LEAPS Gain: $12,932.76
LEAPS ROI: 591.89%
Margin Gain: $2,050.30
Margin ROI: 93.84%
Stock Move: 25%
New Price: $388.35
Intrinsic Value: $6835
LEAPS Gain: $5,165.76
LEAPS ROI: 236.42%
Margin Gain: $962.92
Margin ROI: 44.07%
Stock Move: 10%
New Price: $341.75
Intrinsic Value: $2174.8
LEAPS Gain: $505.56
LEAPS ROI: 23.14%
Margin Gain: $310.49
Margin ROI: 14.21%
Stock Move: 0%
New Price: $310.68
Intrinsic Value: $0
LEAPS Gain: $-1,669.24
LEAPS ROI: -76.40%
Margin Gain: $-124.46
Margin ROI: -5.70%
Stock Move: -10%
New Price: $279.61
Intrinsic Value: $0
LEAPS Gain: $-1,669.24
LEAPS ROI: -76.40%
Margin Gain: $-559.41
Margin ROI: -25.60%
Stock Move: -25%
New Price: $233.01
Intrinsic Value: $0
LEAPS Gain: $-1,669.24
LEAPS ROI: -76.40%
Margin Gain: $-1,211.84
Margin ROI: -55.46%
Stock Move: -50%
New Price: $155.34
Intrinsic Value: $0
LEAPS Gain: $-1,669.24
LEAPS ROI: -76.40%
Margin Gain: $-2,299.22
Margin ROI: -105.23%
Equal Capital Projection
Based on +25% stock price in 1 year.Total Capital Used: $2,185.00
Projected Stock Price (+25%): $388.35
LEAPS Gain: $5,165.76 | ROI:
236.42%Margin Gain: $962.92 | ROI:
44.07%LEAPS returned 436% more gains than Margin.
Based on +50% stock price in 1 year.Total Capital Used: $2,185.00
Projected Stock Price (+50%): $466.02
LEAPS Gain: $12,932.76 | ROI:
591.89%Margin Gain: $2,050.30 | ROI:
93.84%LEAPS returned 531% more gains than Margin.
Based on -25% stock price in 1 year.Total Capital Used: $2,185.00
Projected Stock Price (-25%): $233.01
LEAPS Gain: $-1,669.24 | ROI:
-76.4%Margin Gain: $-1,211.84 | ROI:
-55.46%LEAPS lost 38% more than Margin.
Based on -50% stock price in 1 year.Total Capital Used: $2,185.00
Projected Stock Price (-50%): $155.34
LEAPS Gain: $-1,669.24 | ROI:
-76.4%Margin Gain: $-2,299.22 | ROI:
-105.23%LEAPS lost 27% less than Margin.
Unlock the Full Report
Unblur Everything! See detailed ROI projections and advanced analysis.
- Unlimited Stock Searches
- Full Report Access (No Blur)
- LEAPS vs Margin ROI Projections
- Compare ROI Side by Side Instantly
Power User Breakdown
Based on +25% stock price in 1 year.
Contract Expiration: 2026-09-18 (409 days total)
Days Remaining After 1 Year: 44 days
Option Premium: $21.85
Initial Stock Price: $310.68
Strike Price: $320.00
Projected Stock Price (+25% in 1 Year): $388.35
Price Difference (Projected - Strike): $68.35
Total Capital Used: $2,185.00
LEAPS Gain Components (Sell After 1 Year):
Intrinsic Value: $6,835.00
Time Value Remaining: $515.76
Total LEAPS Value: $7,350.76
Initial LEAPS Cost: $2,185.00
Total LEAPS Gain: $5,165.76
Margin Gain Components (Sell After 1 Year):
Shares Bought: 14
Total Stock Cost: $4,349.52
Borrowed Amount: $2,164.52
Interest Paid: $124.46
Total Margin Gain: $962.92
LEAPS vs. Margin Comparison:
LEAPS ROI: 236.42%
Margin ROI: 44.07%
LEAPS Gain: $5,165.76
Margin Gain: $962.92
LEAPS Gain Advantage: +$4,202.84
LEAPS returned 436% more gains than Margin.
LEAPS Risk to Reward Score
Good Risk to Reward
80/100
Base Performance Score: 80
Bonuses: 10
- +5 (12-18 Month Expiration)
- +5 (ATM Strike)
Penalties: 10
Final Risk vs Reward Score: 80/100
Base Performance Score is based on how much better LEAPS perform than margin.
It's calculated as (LEAPS ROI - Margin ROI) * 1.5, capped at 80.