This chapter describes how one can use LEAPS options in a gifting program with the help of an example. It considers giving $30,000 to a grandchild or other relative, and planning to gift $10,000 per year over the next three years. The obvious way to do this is to buy $30,000 worth of stock now, with plans to sell it off and donate one‐third cash each year, or to transfer the stock if that is part of the plan. The main point to consider is whether or not LEAPS can be used to target your objective. This chapter presents a plan that allows one to work with stock at its current price, plans out three years, and uses LEAPS to achieve what one needs.