Tyson Foods (TSN) volatility increases after sell off 8% after analyst report

October 7, 2016 1:47 PM EDT

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Tyson Foods (NYSE: TSN) is recently down $6.38 to $67.95 after Pivotal Research downgraded the protein producer to Sell from Buy, saying that a new class action lawsuit will lead to "intense scrutiny" of chicken producers, will cause investors to question the sustainability of chicken margins. October weekly call option implied volatility is at 42, October is at 48, November is at 34; compared to its 52-week range of 20 to 40.

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