Equinix Inc (Symbol: EQIX) shareholders can enhance their income by selling a December 2026 covered call at the $920 strike, collecting a premium of $40.00, which translates to an additional 3.7% annualized return on top of the current 2.5% dividend yield, totaling a potential 6.2% annualized return if the stock is not called away. The stock would need to increase by 21% for the shares to be called, resulting in a total gain of 26.2% for shareholders if that occurs.
The trailing twelve-month volatility for Equinix is calculated at 28%, and current trading at $758.43 as of the latest report. On Monday’s mid-afternoon trading, S&P 500 options displayed a put volume of 722,525 contracts and call volume of 1.33 million, yielding a put:call ratio of 0.54, indicating a preference for call options compared to puts.
