Mixed options sentiment in Kenvue Inc (KVUE), with shares up 12c, or 0.69%, near $16.79. Options volume relatively light with 54k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 0.3. Implied volatility (IV30) dropped 1.41 near 47.97,in the top quartile of the past year, suggesting an expected daily move of $0.51. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on KVUE:
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- Moderately bullish activity in Kenvue Inc with shares up 1.69%