Bullish option flow detected in Kenvue Inc with 8,319 calls trading, 1.2x expected, and implied vol increasing over 1 point to 31.95%. 12/1 weekly 20.5 calls and Dec-23 19.5 puts are the most active options, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 0.49. Earnings are expected on February 1st.
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Read More on KVUE:
- Unusually active option classes on open November 24th
- Suit says J&J, Kenvue failed to flag decongestant issue in IPO, Bloomberg reports
- Kenvue initiated with a Neutral at Piper Sandler
- Kenvue Inc call volume above normal and directionally bullish
- Clorox, Kenvue among consumer staples to buy now, Barron’s says