Options Brief: Automatic Data Processing (ADP)

Shares of Automatic Data Processing ADP are lower on the session by 1.75%, trading at $44.61. Overall put volume is now running at 5.46x the daily average, with 45% of all puts traded being purchases on the offer. 3,068 contracts have traded on the session so far. Automatic Data Processing, Inc. is engaged in providing business outsourcing solutions. ADP offers a range of human resource, payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to automotive, truck, motorcycle, marine, recreational vehicle and heavy machinery dealers worldwide.