Tyson (TSN) touched a new 52-week high and is up 92 cents to $14.91 after the food company reported a quarterly profit of 42 cents per share, which trounced analyst estimates of 18 cents. There was an interesting flurry of call buying seen in TSN late yesterday ahead of the news. It started about 25 minutes before the closing bell and included lots of Apr 15 calls at the asking price of 55 and 60 cents per contract. 7146 traded total (84 percent Ask) and 6147 contracts of new interest was created to a total of 15.3K — making the April 15 call the largest open interest position in the name.


Late day call volume spike in TSN (click to enlarge)