Mike Khouw Sees Unusual Options Activity In Tyson Foods

On CNBC's "Options Action," Mike Khouw said Tyson Foods, Inc. TSN traded three times the average daily call volume Thursday and calls outpaced puts by about 8 to 1.

One of the places we saw that activity was the September $66.50 calls, said Khouw. Around 1,000 contracts were traded for about 40 cents. Buyers of these calls are betting that the stock can rally through $66.90 at the September expiration.