Looking At Digital Realty Trust's Recent Unusual Options Activity

Investors with a lot of money to spend have taken a bullish stance on Digital Realty Trust DLR.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with DLR, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades for Digital Realty Trust.

This isn't normal.

The overall sentiment of these big-money traders is split between 55% bullish and 44%, bearish.

Out of all of the options we uncovered, 8 are puts, for a total amount of $376,030, and there was 1 call, for a total amount of $42,570.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $130.0 to $135.0 for Digital Realty Trust over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Digital Realty Trust's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Digital Realty Trust's whale trades within a strike price range from $130.0 to $135.0 in the last 30 days.

Digital Realty Trust 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About Digital Realty Trust

Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network and cloud connections. Digital Realty operates as a real estate investment trust.

In light of the recent options history for Digital Realty Trust, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Digital Realty Trust

• Trading volume stands at 1,815,891, with DLR's price down by -0.13%, positioned at $135.31.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 70 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Digital Realty Trust options trades with real-time alerts from Benzinga Pro.