Plow26wk & LEAPS

Last January in post 279999 I suggested using the Plow26wk screen to select underlyings for LEAPS:

https://discussion.fool.com/admittedly-my-best-options-investmen…
You might want to look at LEAPS on some of the VL screens such as CoreValu or ROC RS26. For example, using the Plow26wk screen, at the beginning of the year (or the end of the previous year) buy a two-year LEAPS call at the first strike out of the money. Here are the performance numbers for the last six years:


2015
CELG  - 73%
VRX   -100
HD      72

2016
MO     133%
LMT    107
SBUX  - 56

2017
AAPL   293%
BA     971
MA     287

2018
VALE  - 26%
ABBV  - 80
LOW   - 70

2019
SBUX   243%
NKE     98
CELG   105

2020
AAPL   350%
NVDA   412
AMGN  - 26

*6-year average: 146% per year*

So, how did the January 2021 candidates do? Here are the first three picks from the last listing in December:


AMD   Jan23  92.5C  $26.60   +137%
QCOM  Jan23  150C   $30.75   + 50%
UPS   Jan23  165C   $24.50   +114%   Ave: +100%

DB2

19 Likes