date:Jul 17, 2012
trade WhatsTrading.com analyst Frederic Ruffy called a hedge against further losses by the downtrodden shares.
The pressure of high feed costs is putting pressure on the poultry producers, Mr. Ruffy said.
The Tyson Foods puts grant the buyer the right to sell shares at $16 over the next five weeks. Though shares were below that mark Monday afternoon, after factoring in the price paid for the position, the options protect against a stock-price drop of more than 2.1% over that period.
Tyson Foods