Commit To Buy Equinix At $420, Earn 7% Annualized Using Options
March 19, 2019 at 11:46 AM EDT
Investors eyeing a purchase of Equinix Inc (EQIX) stock, but tentative about paying the going market price of $445.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $420 strike, which has a bid at the time of this writing of $15.00..