Meat Producer with Strong Yield Forms Bull Flag
Tyson Foods (TSN) shares of the meat producer are showing relative strength in a volatile market seeing more of the value consumer names holding up well with defensive bids. TSN has formed a nice bull flag above monthly value and looks primed to push back up to the 64-65 level where a former VPOC sits untested still. TSN still has a ton of short puts in OI including the 9000 June $57.50 puts that sold to open on 12/31 at $3.50 and recent buyers of 750 March 2026 $60 calls at $4.90 still hold in OI.