Bearish flow noted in Kenvue (KVUE) Inc with 1,670 puts trading, or 1.4x expected. Most active are Jan-25 15 puts and Jan-25 24 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.64, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.
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Read More on KVUE:
- Kenvue initiated with an Equal Weight at Barclays
- Adobe outlook disappoints, Kroger announces $7.5B buyback: Morning Buzz
- Starboard nominates five to Kenvue board, Bloomberg reports
- Kenvue downgraded to Hold from Buy at Deutsche Bank
- Kenvue Inc call volume above normal and directionally bullish
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.