Moderately bullish activity in Kenvue Inc (KVUE), with shares down 10c near $16.12. Options volume roughly in line with average with 126k contracts traded and calls leading puts for a put/call ratio of 0.09, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 0.9 points near 53.93, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.55. Put-call skew flattened, suggesting a modestly bullish tone.
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