Commit To Purchase Equinix At $150, Earn 9.5%

Investors considering a purchase of Equinix Inc (NASD: EQIX) stock, but tentative about paying the going market price of $185.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $150 strike, which has a bid at the time of this writing of $14.20. Collecting that bid as the premium represents a 9.5% return against the $150 commitment, or a 6.2% annualized rate of return ...