Bearish flow noted in Kenvue Inc with 7,652 puts trading, or 14x expected. Most active are Apr-24 20 puts and 5/10 weekly 20.5 puts, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 13.76, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KVUE: