How Bechmark's Kevin Kelly Is Trading Zayo

Kevin Kelly from Benchmark Investments discusses market sentiment changes, focusing on the options market and skew index as indicators. He highlights concerns about the lack of hedging despite a market run-up. Kelly also analyzes specific sectors and stocks, including real estate and broadband infrastructure, noting significant market movements and strategic options for companies like Sozio.

What led Kevin Kelly to shift from a bullish to a bearish outlook?

• An increase in interest rates

• A decrease in stock prices

• Oversold conditions in the options market

• A rise in economic indicators

What does the skew index indicate in the market?

• The number of active traders

• The level of fear and hedging in the market

• The amount of money invested in stocks

• The level of market liquidity

Why was Kevin Kelly concerned about the lack of hedging by investors?

• It shows a lack of investment opportunities

• It could lead to increased market volatility

• It indicates a strong market confidence

• It suggests a stable market environment

What unusual event occurred with the company Sozio?

• It canceled an analyst day and saw a stock price increase

• It declared bankruptcy

• It announced a merger

• It launched a new product

What strategic move does Kevin Kelly suggest for playing the market with Sozio?

• Short selling the stock

• Investing in real estate

• Selling the June 21st 2750 put and buying the same strike call

• Buying long-term bonds