Mixed options sentiment in Kenvue Inc (KVUE), with shares up 6c, or 0.38%, near $17.04. Options volume relatively light with 9139 contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.54. Implied volatility (IV30) dropped 14.88 near 23.08,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.25. Put-call skew steepened, indicating increased demand for downside protection.
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