Digital Realty put volume heavy and directionally bearish

Bearish flow noted in Digital Realty with 4,501 puts trading, or 2x expected. Most active are Nov-23 110 puts and Oct-23 85 puts, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 10.23, while ATM IV is up over 2 points on the day. Earnings are expected on October 26th.