I found that the options that are bought a year or more in advance called leap and says it is long term investment. I am not sure on either. If I buy options with expiration date Jan 2019 as of today June 13, 2017, is it considered a leap? If so, is it taxed as long term investment if I hold it for more than a year?
Check with your TAX guy! For example, if the position is an SPX contract (a section 1256 contract), I think it will be 60/40 (long term/short term) regardless of the time held!