Finance
Can LEAPS Replace $1 Million in VOO? I Ran the Numbers
Date: 2026-09-06 11:46:14
A viewer asked me a good question recently: if you’re bullish on the market anyway, why tie up almost $1 million buying VOO? Why not buy a deep-in-the-money LEAPS call instead, get roughly the same exposure for about half the cash, and park the rest in Treasury bills?
So I ran it both ways… And now we have this video.
#options #Investing #RetirementPlanning
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⏱️ Chapters
0:00 Intro
0:49 The example — 1,400 shares vs. 14 contracts
2:33 Why this isn’t crazy: intrinsic vs. time value
5:17 The cash doesn’t pay for the option
7:08 You didn’t free up the money — you deferred it
8:05 Delta, and why the two don’t move together
9:03 What happens in a crash
10:33 What you’re actually buying
11:35 The numbers at expiration
12:50 Where this gets dangerous
13:41 Three different portfolios
14:24 The bottom line
⚠️ DISCLAIMER
Investment Advice offered through 15 Wealth Advisors, LLC, a Registered Investment Advisor. This video is for educational purposes only and is not personalized financial, tax, or investment advice. Your situation is unique — consult a qualified financial advisor or tax professional before making any decisions.
Additional Tags:
Option Income ETFs. ETF investing in retirement. Income investing in retirement. Passive income.
