Options Brief: SAP

Shares of SAP SAP are lower on the session by 1.99%, trading at $56.68. Overall put volume is now running at 2.32x the daily average, with 39% of all puts traded being purchases on the offer. 3,115 contracts have traded on the session so far. SAP AG is engaged in enterprise applications in terms of software and software-related service revenue. The company's core business is selling licenses for software solutions and related services to deliver a range of choices fitting the varying functional needs of its customers.