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Kenvue Inc put volume heavy and directionally bearish

Bearish flow noted in Kenvue (KVUE) Inc with 1,670 puts trading, or 1.4x expected. Most active are Jan-25 15 puts and Jan-25 24 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.64, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.

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