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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KVUE:
- Kenvue price target raised to $18 from $17 at Barclays
- Kenvue Inc call volume above normal and directionally bullish
- Moderately bullish activity in Kenvue Inc with shares up 1.69%
- Kenvue, Inc. Faces Tax Uncertainty: Potential Risks for Shareholders if Transaction Fails IRS Reorganization Test
- BofA moves to No Rating on Kenvue after Kimberly-Clark deal