Room to run for Real Estate?

Published on
July 19th, 2018
Duration
12 minutes

Room to run for Real Estate?

Trade Ideas ·
Featuring Kevin Kelly

Published on: July 19th, 2018 • Duration: 12 minutes

Kevin Kelly, managing partner at Benchmark Investments, is utilizing optionality for a unique play on warehouse giant, Prologis. In this interview with Brian Price, Kevin says E-Commerce will drive greater demand for the real estate solutions offered by Prologis. Filmed on July 16, 2018.

Comments

  • DR
    David R.
    23 July 2018 @ 17:45
    No comment on his Prologis call but I would sell short anyone who speaks in that fashion. Wreaks of overconfidence. Hope he does well though.
  • RS
    Rajesh S.
    21 July 2018 @ 02:05
    How can a stock have stable cash flows as well as stock price being steady and yet have high premium for call options.
  • BM
    Beth M.
    20 July 2018 @ 18:44
    Nice socks!
  • NI
    Nate I.
    20 July 2018 @ 01:48
    I've owned Prologis for approximately 20 years. You could say that I've followed it for a day or two :-) It's a bit expensive here at my estimate of 1.5 times tangible book. If your macro outlook is for much higher interest rates, then I believe you can safely sell that $70 call and I wouldn't incur the losses on the underlying - just use a $70/$75 spread to limit upside losses if you're wrong. On the other hand, the stock could easily exceed $70 if rates come down. Rates are the key driver IMO.
  • lb
    larry b.
    19 July 2018 @ 22:53
    looks pretty volatile to me. big down move 3 days ago.