Moderately bullish activity in Kenvue Inc (KVUE), with shares up 2c, or 0.1%, near $14.97. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.34. Implied volatility (IV30) is higher by 1.0 points near 73.32, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.69. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Kenvue Inc (KVUE) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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