Bloomberg TV: How to Play Data Center Equinix (EQIX)

Kevin Kelly, Benchmark Investments managing partner, discusses his previous options strategy on Netflix (NFLX) after their earnings release and his new options trade on Equinix (EQIX) with Bloomberg’s Julie Hyman on “Bloomberg Markets.”

  • Trade: Risk Reversal Call Spread

  • Sell EQIX January 2019 $390 put for $10

  • Take the $10 and use it to buy below spread:

  • Buy EQIX January 2019 $430 call for $31

  • Sell EQIX January 2019 $490 call for $9

  • Trade costs $12