- Buy Equinix at $473.50
- Sell Sept. $500 Call for $14
- Options yield: 3%
- Still collect dividend
On this edition of “Options Insight,” Benchmark Investments’ Kevin Kelly discusses his options strategy with Bloomberg’s Abigail Doolittle on “Bloomberg Markets: The Close.” (Source: Bloomberg)
Equinix, Inc. is an American multinational company headquartered in Redwood City, California, that specializes in internet connection and data centers. The company leads in global colocation data center market share, with 200 data centers in 24 countries on five continents.
Kevin Kelly watches technology real estate as he serves as the Index Portfolio Manager for SRVR – The Benchmark Data & Technology Infrastructure Real Estate SCTR℠ Index