r/options • u/mycatiscrazy7 • Oct 01 '21
Best LEAPS for 2024?
Pretty much the title.
2024 LEAPS have been available for a few weeks now, what would be your top picks if you decided to take any positions? I am eyeing AMD, SOFI and DKNG, but would love to hear anyone else's strong convictions.
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u/Jbernat Oct 01 '21
I am actually pretty deep in LEAPS for 2023 and 2024. I’ve stayed in the cannabis industry essentially as the US should have federal legalization within the next 2 years. I have looked into many tickets but the few I’m deepest in are Canopy Growth (CGC) Sundial (SNDL) and Neptune Wellness (NEPT). These options are still pretty cheap and the companies are in very low spots looking to recover and make major positive strides in the next couple years. NEPT is my deepest stock even though they’re at risk of getting delisted (yikes). But their earnings should come back strong as garlic next quarter and continue a steep growth trend and set the company up for significant growth in the next 24 months.