Popeye is reading to Swee'Pea the story of Little Red Riding Hood. In this version, Olive is "Little Red," the Sea Hag is the big bad wolf, and Wimpy plays the grandmother! Popeye is the hero, of course! Fade into a cartoon of Olive going through a forest with a basket of hamburgers. Wimpy is also trying to get the hamburgers, but Popeye saves Little Olive Riding Hood from their clutches- as well as the hamburgers.