Bullish flow in Kenvue Inc (KVUE), with shares up 50c, or 3.22%, near $16.20. Options volume more than double the daily average with 367k contracts traded and calls leading puts for a put/call ratio of 0.11, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 5.6 points near 53.94, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.55. Put-call skew flattened, suggesting a modestly bullish tone.
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