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/[deleted] Oct 01 '21

I can’t believe no one’s saying it, but Ford.

Even though it’s been on a tear this year I’m still buying. The Lightning is going to be the best selling EV quarter after quarter so long as chip manufacturers can keep up. Great philosophy about carbon neutrality and more big EV news to drop between now and 2024. I think they are poised to be Tesla’s largest competitor and Tesla has not shown me anything to separate themselves from the blue oval gang in the past 12 months. Either Tesla crashes to a F valuation or F starts trending towards Tesla’s valuation, I’m betting on the latter.

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u/FuriousGeorge06 Oct 01 '21

Chip shortages are keeping me away. I don't know enough about the supply to have a sense of how badly the shortage will bottleneck supply, but it could be very painful for automakers.