Kenvue Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Kenvue (NYSE:KVUE), with 51% of investors opening trades with bullish expectations and 48% with bearish. The majority of the trades are puts, totaling $1,258,501, with calls totaling $384,547. Whales have been targeting a price range from $22.5 to $30.0 for Kenvue over the last 3 months. The price of KVUE is currently up 1.5% at $23.72.
August 11, 2023 | 8:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kenvue (NYSE:KVUE) has seen significant options activity, with a bullish stance from a major investor. The majority of trades are puts, with a targeted price range of $22.5 to $30.0.
The news indicates a bullish stance from a major investor in Kenvue, with a significant amount of options activity. This could potentially drive the stock price up in the short term, especially given the targeted price range of $22.5 to $30.0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100