Bearish flow noted in Kenvue Inc with 7,372 puts trading, or 2x expected. Most active are Dec-23 19.5 puts and 12/8 weekly 19.5 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 8.26, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 1st.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on KVUE:
- Kenvue Inc call volume above normal and directionally bullish
- 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
- Clorox, Kenvue among consumer staples to buy now, Barron’s says
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue