Notable Put Options Activity in SuccessFactors

Shares of SuccessFactors

are lower on the session by 0.28%, currently trading at $23.16. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the December 2011 $23.00 put traded 1,000 times on open interest of 148 contracts. The Dec2011 $20 and $24 puts are also active. Put volume is dominating call volume 47 to 1. SuccessFactors, Inc. is a provider of cloud-based Business Execution software solutions to organizations of all sizes. As of December 31, 2010, the company had approximately 3,200 customers in more than 168 countries using its application suite in 34 languages.