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Kenvue Inc put volume heavy and directionally bearish

Kenvue Inc put volume heavy and directionally bearish

Bearish flow noted in Kenvue Inc with 2,824 puts trading, or 1.7x expected. Most active are Aug-24 18 puts and Jul-24 18 calls, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 36 points on the day. Earnings are expected on August 6th.

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