Notable Put Options Activity in Concur Technologies

Shares of Concur Technologies CNQR are higher on the session by 6.18%, currently trading at $42.67. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average. Options traders are focusing on puts today. A short while ago the September 2011 $40.00 put traded 360 times on open interest of 263 contracts. The Nov2011 $40 put is also active. Put volume is dominating call volume 12 to 1. Concur Technologies, Inc. is a global provider of on-demand Employee Spend Management solutions.