Moderately bullish activity in Kenvue Inc (KVUE), with shares up 47c, or 2.86%, near $16.98. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.29. Implied volatility (IV30) is higher by 3.0 points near 48.51,in the top quartile of the past year, suggesting an expected daily move of $0.52. Put-call skew steepened, indicating increased demand for downside protection.
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