Calls Purchased on Tyson Foods (TSN)

Shares of Tyson Foods TSN are higher on the session by 1.23%, currently trading at $17.30. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the April 2011 $19.00 call was purchased 5,000 times, on the offer, on open interest of 4,149 contracts. Overall call volume is now running at 2.59x the daily average with 79% of all calls traded being purchases on the offer. Tyson Foods, Inc. is a meat protein and food production company. It produces, distributes and markets chicken, beef, pork, prepared foods and related allied products. Its operations are conducted in four segments: Chicken, Beef, Pork and Prepared Foods.