Bearish flow noted in Kenvue (KVUE) Inc with 16,454 puts trading, or 10x expected. Most active are Jun-25 20 puts and May-25 22 puts, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 7.51, while ATM IV is up over 8 points on the day. Earnings are expected on May 6th.
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