LEAPS vs. Margin Comparison for GLD
Stock Price: $412.0904
Option Symbol: GLD270617C00405000
Option Expiry: 2027-06-17
Days to Expiration: 379 days
Strike Price: $405
Option Premium: $50.9
Live Delta: 0.6382
LEAPS Leverage: 5.17x
LEAPS Breakeven: $455.9 +10.6%
LEAPS Premium: 12.4%
Additional Greeks:
Gamma: 0.0037
Theta: -0.0719
Vega: 1.5757
Rho: 2.2004
Implied Volatility: N/A
Open Interest: 162
Scroll down to Unlock the Full Report
Scenario Comparison
Initial Investment: $5,090.00
Exit Strategy: Sell After 1 Year
LEAPS Gain = Intrinsic Value + Time Value
14 Time Value Days Remaining
| Stock Move | New Price | LEAPS Gain | LEAPS ROI | Margin Gain | Margin ROI |
|---|
| 50% | $618.14 | $16,223.56 | 318.73% | $4,669.08 | 91.73% |
| 25% | $515.11 | $5,921.30 | 116.33% | $2,196.53 | 43.15% |
| 10% | $453.3 | $-260.06 | -5.11% | $713.01 | 14.01% |
| 0% | $412.09 | $-4,380.96 | -86.07% | $-276.01 | -5.42% |
| -10% | $370.88 | $-5,090.00 | -100.00% | $-1,265.03 | -24.85% |
| -25% | $309.07 | $-5,090.00 | -100.00% | $-2,748.55 | -54.00% |
| -50% | $206.05 | $-5,090.00 | -100.00% | $-5,221.09 | -102.58% |
Stock Move: 50%
New Price: $618.14
Intrinsic Value: $21313.56
LEAPS Gain: $16,223.56
LEAPS ROI: 318.73%
Margin Gain: $4,669.08
Margin ROI: 91.73%
Stock Move: 25%
New Price: $515.11
Intrinsic Value: $11011.3
LEAPS Gain: $5,921.30
LEAPS ROI: 116.33%
Margin Gain: $2,196.53
Margin ROI: 43.15%
Stock Move: 10%
New Price: $453.3
Intrinsic Value: $4829.94
LEAPS Gain: $-260.06
LEAPS ROI: -5.11%
Margin Gain: $713.01
Margin ROI: 14.01%
Stock Move: 0%
New Price: $412.09
Intrinsic Value: $709.04
LEAPS Gain: $-4,380.96
LEAPS ROI: -86.07%
Margin Gain: $-276.01
Margin ROI: -5.42%
Stock Move: -10%
New Price: $370.88
Intrinsic Value: $0
LEAPS Gain: $-5,090.00
LEAPS ROI: -100.00%
Margin Gain: $-1,265.03
Margin ROI: -24.85%
Stock Move: -25%
New Price: $309.07
Intrinsic Value: $0
LEAPS Gain: $-5,090.00
LEAPS ROI: -100.00%
Margin Gain: $-2,748.55
Margin ROI: -54.00%
Stock Move: -50%
New Price: $206.05
Intrinsic Value: $0
LEAPS Gain: $-5,090.00
LEAPS ROI: -100.00%
Margin Gain: $-5,221.09
Margin ROI: -102.58%
Equal Capital Projection
Based on +25% stock price in 1 year.Total Capital Used: $5,090.00
Projected Stock Price (+25%): $515.11
LEAPS Gain: $5,921.30 | ROI:
116.33%Margin Gain: $2,196.53 | ROI:
43.15%LEAPS returned 170% more gains than Margin.
Based on +50% stock price in 1 year.Total Capital Used: $5,090.00
Projected Stock Price (+50%): $618.14
LEAPS Gain: $16,223.56 | ROI:
318.73%Margin Gain: $4,669.08 | ROI:
91.73%LEAPS returned 247% more gains than Margin.
Based on -25% stock price in 1 year.Total Capital Used: $5,090.00
Projected Stock Price (-25%): $309.07
LEAPS Gain: $-5,090.00 | ROI:
-100%Margin Gain: $-2,748.55 | ROI:
-54%LEAPS lost 85% more than Margin.
Based on -50% stock price in 1 year.Total Capital Used: $5,090.00
Projected Stock Price (-50%): $206.05
LEAPS Gain: $-5,090.00 | ROI:
-100%Margin Gain: $-5,221.09 | ROI:
-102.58%LEAPS lost 3% 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 (379 days total)
Days Remaining After 1 Year: 14 days
Option Premium: $50.90
Initial Stock Price: $412.09
Strike Price: $405.00
Projected Stock Price (+25% in 1 Year): $515.11
Price Difference (Projected - Strike): $110.11
Total Capital Used: $5,090.00
LEAPS Gain Components (Sell After 1 Year):
Intrinsic Value: $11,011.30
Time Value Remaining: $0.00
Total LEAPS Value: $11,011.30
Initial LEAPS Cost: $5,090.00
Total LEAPS Gain: $5,921.30
Margin Gain Components (Sell After 1 Year):
Shares Bought: 24
Total Stock Cost: $9,890.17
Borrowed Amount: $4,800.17
Interest Paid: $276.01
Total Margin Gain: $2,196.53
LEAPS vs. Margin Comparison:
LEAPS ROI: 116.33%
Margin ROI: 43.15%
LEAPS Gain: $5,921.30
Margin Gain: $2,196.53
LEAPS Gain Advantage: +$3,724.77
LEAPS returned 170% more gains than Margin.
LEAPS Risk to Reward Score
Good Risk to Reward
82/100
Base Performance Score: 80
Bonuses: 12
- +5 (12-18 Month Expiration)
- +7 (ITM Strike)
Penalties: 10
Final Risk vs Reward Score: 82/100
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.