LEAPS vs. Margin Comparison for GLD
Stock Price: $447.42
Option Symbol: GLD270617C00465000
Option Expiry: 2027-06-17
Days to Expiration: 425 days
Strike Price: $465
Option Premium: $50.39
Live Delta: 0.5614
LEAPS Leverage: 4.98x
LEAPS Breakeven: $515.39 +15.2%
LEAPS Premium: 11.3%
Additional Greeks:
Gamma: 0.0031
Theta: -0.0784
Vega: 1.9055
Rho: 2.3349
Implied Volatility: N/A
Open Interest: 669
Scroll down to Unlock the Full Report
Scenario Comparison
Initial Investment: $5,039.00
Exit Strategy: Sell After 1 Year
LEAPS Gain = Intrinsic Value + Time Value
60 Time Value Days Remaining
| Stock Move | New Price | LEAPS Gain | LEAPS ROI | Margin Gain | Margin ROI |
|---|
| 50% | $671.13 | $16,992.60 | 337.22% | $4,645.38 | 92.19% |
| 25% | $559.28 | $5,807.10 | 115.24% | $2,184.57 | 43.35% |
| 10% | $492.16 | $-904.20 | -17.94% | $708.08 | 14.05% |
| 0% | $447.42 | $-3,620.40 | -71.85% | $-276.24 | -5.48% |
| -10% | $402.68 | $-3,620.40 | -71.85% | $-1,260.57 | -25.02% |
| -25% | $335.57 | $-3,620.40 | -71.85% | $-2,737.05 | -54.32% |
| -50% | $223.71 | $-3,620.40 | -71.85% | $-5,197.86 | -103.15% |
Stock Move: 50%
New Price: $671.13
Intrinsic Value: $20613
LEAPS Gain: $16,992.60
LEAPS ROI: 337.22%
Margin Gain: $4,645.38
Margin ROI: 92.19%
Stock Move: 25%
New Price: $559.28
Intrinsic Value: $9427.5
LEAPS Gain: $5,807.10
LEAPS ROI: 115.24%
Margin Gain: $2,184.57
Margin ROI: 43.35%
Stock Move: 10%
New Price: $492.16
Intrinsic Value: $2716.2
LEAPS Gain: $-904.20
LEAPS ROI: -17.94%
Margin Gain: $708.08
Margin ROI: 14.05%
Stock Move: 0%
New Price: $447.42
Intrinsic Value: $0
LEAPS Gain: $-3,620.40
LEAPS ROI: -71.85%
Margin Gain: $-276.24
Margin ROI: -5.48%
Stock Move: -10%
New Price: $402.68
Intrinsic Value: $0
LEAPS Gain: $-3,620.40
LEAPS ROI: -71.85%
Margin Gain: $-1,260.57
Margin ROI: -25.02%
Stock Move: -25%
New Price: $335.57
Intrinsic Value: $0
LEAPS Gain: $-3,620.40
LEAPS ROI: -71.85%
Margin Gain: $-2,737.05
Margin ROI: -54.32%
Stock Move: -50%
New Price: $223.71
Intrinsic Value: $0
LEAPS Gain: $-3,620.40
LEAPS ROI: -71.85%
Margin Gain: $-5,197.86
Margin ROI: -103.15%
Equal Capital Projection
Based on +25% stock price in 1 year.Total Capital Used: $5,039.00
Projected Stock Price (+25%): $559.28
LEAPS Gain: $5,807.10 | ROI:
115.24%Margin Gain: $2,184.57 | ROI:
43.35%LEAPS returned 166% more gains than Margin.
Based on +50% stock price in 1 year.Total Capital Used: $5,039.00
Projected Stock Price (+50%): $671.13
LEAPS Gain: $16,992.60 | ROI:
337.22%Margin Gain: $4,645.38 | ROI:
92.19%LEAPS returned 266% more gains than Margin.
Based on -25% stock price in 1 year.Total Capital Used: $5,039.00
Projected Stock Price (-25%): $335.57
LEAPS Gain: $-3,620.40 | ROI:
-71.85%Margin Gain: $-2,737.05 | ROI:
-54.32%LEAPS lost 32% more than Margin.
Based on -50% stock price in 1 year.Total Capital Used: $5,039.00
Projected Stock Price (-50%): $223.71
LEAPS Gain: $-3,620.40 | ROI:
-71.85%Margin Gain: $-5,197.86 | ROI:
-103.15%LEAPS lost 30% 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: 2027-06-17 (426 days total)
Days Remaining After 1 Year: 61 days
Option Premium: $50.39
Initial Stock Price: $447.42
Strike Price: $465.00
Projected Stock Price (+25% in 1 Year): $559.28
Price Difference (Projected - Strike): $94.28
Total Capital Used: $5,039.00
LEAPS Gain Components (Sell After 1 Year):
Intrinsic Value: $9,427.50
Time Value Remaining: $1,418.60
Total LEAPS Value: $10,846.10
Initial LEAPS Cost: $5,039.00
Total LEAPS Gain: $5,807.10
Margin Gain Components (Sell After 1 Year):
Shares Bought: 22
Total Stock Cost: $9,843.24
Borrowed Amount: $4,804.24
Interest Paid: $276.24
Total Margin Gain: $2,184.57
LEAPS vs. Margin Comparison:
LEAPS ROI: 115.24%
Margin ROI: 43.35%
LEAPS Gain: $5,807.10
Margin Gain: $2,184.57
LEAPS Gain Advantage: +$3,622.53
LEAPS returned 166% 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.