Puts Purchased on Digital Realty Trust (DLR)

Shares of Digital Realty Trust DLR are lower on the session by 0.41%, currently trading at $50.88. The stock had been moving largely higher over the past five months, but recently came under strong selling pressure and is now trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the January 2011 $45.00 put was purchased 2,000 times, on the offer, on open interest of 2,263 contracts. Overall put volume is now running at 6.69x the daily average with 97% of all puts traded being purchases on the offer. Digital Realty Trust, Inc. operates through its operating partnership, Digital Realty Trust, L.P. The company operates as a real estate investment trust. The company focuses on properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology, departments