Calls Sold on Tyson Foods (TSN)

Shares of Tyson Foods Inc. TSN are higher on the session by 0.52%, currently trading at $17.44. The stock has been moving largely lower over the past three months, off from recent highs near $20.50. Options traders are selling calls on the name today. The August $19.00 call was sold 1,200 times, on the bid, earlier in the session; open interest on the strike is 2,680 contracts, signaling a closing transaction. Call volume is now running at 2.3x the daily average. 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.