Say I'm trading options on some stocks I expect to move up or down over the long term based upon fundamentals. I'm trading options instead of buying stocks for the leverage advantage and understand I am paying a premium for the time value. Has anyone done a solid analysis on buying long term options (say 12-18 months down the road) compared to buying a 2 month option every 2 months? Obv the short term represents more commissions, but also I expect volitility will work in our favor sometimes when a stock moves badly against us. Thoughts/direction? Thanks