Equity Residential: Still Pricey After Decent Earnings

Company Overview - Equity Residential (NYSE: EQR) is a Real Estate Investment Trust (REIT) that specializes in residential apartment buildings across the United States [1] - The company primarily focuses on areas with specific characteristics for its apartment locations, which can be categorized into two distinct groups [1] Investment Strategy - The company emphasizes diversification not only in assets but also in investment methods and philosophies to meet both short-term and long-term goals [1] - It operates separate portfolios for different investment objectives, including income plays, growth stocks, and options strategies [1] Options Strategies - The company employs various options strategies such as covered calls, iron condors, butterflies, calendar spreads, and call-put spreads [1] - It aims to benefit from the lack of movement in stocks or funds through delta-neutral options plays [1]