Bullish option flow detected in Kenvue Inc with 36,468 calls trading, 4x expected, and implied vol increasing over 1 point to 25.72%. 12/1 weekly 20 calls and 11/10 weekly 20 calls are the most active options, with total volume in those strikes near 34,700 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 1st.
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Read More on KVUE:
- Clorox, Kenvue among consumer staples to buy now, Barron’s says
- Kenvue price target lowered to $27 from $28 at Canaccord
- Kenvue announces 27M share repurchase plan
- Kenvue sees FY23 adjusted EPS $1.26-$1.28, consensus $1.28
- Kenvue reports Q3 adjusted EPS 31c, consensus 31c
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