INTRINSIC: Using LEAPS to Retire Early - Softcover

Yuen, Mike

Softcover

ISBN 10: 0578814161 ISBN 13: 9780578814162

Publisher: Pew Pew Press, 2020

Synopsis

What if you had more time to do what matters most in life? Learn how to beat the market using options LEAPS and retire early.

The clock is ticking for all of us. There are only 24 hours or 1,440 minutes available in a day—life’s common denominator shared by all humans. Have you ever imagined what you would do if you were able to achieve financial freedom, retire early, and spend more time with who and what mattered most to you in life?

In January 2017, that’s exactly what INTRINSIC author Mike Yuen was able to do. Today, he spends his days with his family, and it has been priceless. Trading options LEAPS (Long-term Equity AnticiPation Securities) in tech stocks such as AAPL, AMZN, FB, MSFT, and NFLX made this possible. Since retiring, using nothing more than simple calls and puts (no spreads, collars, straddles, strangles, or other more advanced options strategies), his portfolio has produced an annual return that has outperformed the S&P 500, Dow, Nasdaq, and Nasdaq 100.

Options LEAPS are powerful financial instruments. Not only can they help you attain your financial goals, but they can also accelerate them. Only about 10% of all options trades are LEAPS—they're not commonly used. Keith Gill (aka Roaring Kitty of Reddit WallStreetBets fame) initially used LEAPS in his now-legendary GameStop options trade, where he turned $53,000 into millions of dollars. Mike Yuen also uses LEAPS, but in a much safer way for the average retail investor.

In his book, Mike Yuen reveals how he beats the market and makes money trading options LEAPS, and you don't have to be a professional trader either. What worked for him in the past and still works for him today might also work for you!

★★★★★ AMAZON CUSTOMER REVIEWS (Verified Purchase) ★★★★★

• 02/24/25 "There was a lot of information I already know, but there were different insights and strategies that I learned, which have helped me in the year and a half since, to become more profitable with my leap strategy." - Aaron Kovac
• 01/11/25 "I would pay hundreds for the information in this book. I have paid hundreds for semianers the information was not as valuable." - Greg Schuler
• 07/26/21 "This is the best book and as far as I have been able to determine the only book that presents a method of trading LEAPs in a taxable account while managing risk and having leverage on your investment." - Gilbert Demang
• 05/14/21 "Here’s what’s even more interesting, I backtested the author’s strategy over various market periods, and it’s a constantly profitable strategy (assuming you take profits before expiry)." - Anonymous Amazon Customer
• 03/25/21 "The DITM LEAP strategy articulated in this book is both insightful and practical. It simply makes sense!" - Wesley Zhuang

AWARDS

• 2021 American Book Fest Best Book Award - Finalist
• 2021 Axiom Business Book Award - Silver Medal
• 2021 Independent Publisher Book Award (IPPY) - Gold Medal
• 2021 International Book Award (IBA) - Winner
• 2021 Readers' Favorite International Book Award - Bronze Medal

About this title

About the Author

Mike Yuen previously worked in the wireless, consumer electronics, video game, and semiconductor industries at companies such as Qualcomm, Zeebo, GTE Interactive Media, Accolade, and Advanced Micro Devices. He holds a BA in Computer Science from John Muir College at UC San Diego and an MBA from the Graduate School of Management at UC Davis. He lives in Carlsbad, California, with his wife and son.

Edition details

• Publisher: Pew Pew Press
• Publication date: 2020
• Language: English
• ISBN 10: 0578814161
• ISBN 13: 9780578814162
• Binding: Paperback
• Number of pages: 270