Splunk, Inc. engages in the development and provision of software solutions. It offers cloud services, enterprise security, application delivery, big data, business analytics, information technology operations, and log management through its machine data product. It analyzes machine data to deliver operational intelligence for security, IT and the business. The company was founded by Erik M. Swan, Michael J. Baum and Robin K. Das in October 2003 and is headquartered in San Francisco, CA.
Put trades that are bought on or above the market's asking price OR call trades that are sold on or less than the market's bid price - expecting a move to the downside.