Moderately bullish activity in Kenvue Inc (KVUE), with shares up 6c, or 0.4%, near $16.23. Options volume roughly in line with average with 55k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.94 near 38.67,in the top quartile of the past year, suggesting an expected daily move of $0.40. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Rothschild & Co Redburn.
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