Kenvue Unusual Options Activity For September 13
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Kenvue (NYSE:KVUE), with a bearish stance being taken by a majority of investors. Of the 10 strange trades detected, 90% were bearish and 10% bullish. The total amount for puts was $182,236 and for calls was $438,909. Whales have been targeting a price range from $21.0 to $22.5 for Kenvue over the last 3 months. The price of KVUE is currently up 2.92% at $21.68.
September 13, 2023 | 3:31 pm
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Kenvue (NYSE:KVUE) has seen significant unusual options activity, with a majority of investors taking a bearish stance. The price of KVUE is currently up 2.92% at $21.68.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on the stock price in the short term. However, the current price is up 2.92% at $21.68, which may indicate some resistance to this downward pressure.
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