Long LEAP Calls 2013

10 Jan14 YHOO 20 Call @2.00
10 Jan14 PFE 30      Call @0.45

Long Call strategy

1. Buy:
      LEAPs, timing: 6-18 months out, cost: $1-2, level: OTM by two intervals, count: 5-10

2. Sell when:
      Either half the time has elapsed or when the underlying reaches par, whichever is earlier

3. Build up:
      If the underlying reaches par and continues to rise, take profit on current LEAP and add more long LEAP calls with the same strategy.