Calls Purchased on Tyson Foods (TSN)

Shares of Tyson Foods Inc. TSN are higher on the session by 1.06%, currently trading $17.68. The stock has been drifting lower for the past two months and is now trading below the 50-day moving average. Calls are being bought on the stock today. The January $20 call was purchased nearly 5,800 times today; open interest on the strike is 28,818 contracts. Call volume is now running at 6.45x the daily average with 67% of all calls traded being purchases on the offer. Tyson Foods, Inc. is a meat protein and food production company. The Company produces, distributes and markets chicken, beef, pork, prepared foods and related allied products. It operates in four segments: Chicken, Beef, Pork and Prepared Foods.