Options Brief: SAP AG

Shares of SAP AG SAP are lower on the session by 2.44%, trading at $60.33. Overall put volume is now running at 4.75x the daily average, with 62% of all puts traded being purchases on the offer. 1,065 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.