Prologis (PLD) shares of the quality REIT are showing great relative strength as the real estate group sees some rotation. The stock closing up +1.2% Thursday in the selloff and now nearing a coiled range breakout above 127 for a move likely up to 130-132 where an untested VPOC sits from earlier this year. PLD has a 3% dividend yield and still has over 2300 January $120 short puts in open interest while also recent opening sellers of 3800 October $130 calls so that 130-132 zone is a good target for now on a breakout from here.