Kenvue Unusual Options Activity

Comments
Loading...

A whale with a lot of money to spend has taken a noticeably bullish stance on Kenvue.

Looking at options history for Kenvue KVUE we detected 31 strange trades.

If we consider the specifics of each trade, it is accurate to state that 51% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 25 are puts, for a total amount of $1,258,501 and 6, calls, for a total amount of $384,547.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $22.5 to $30.0 for Kenvue over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Kenvue's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Kenvue's whale trades within a strike price range from $22.5 to $30.0 in the last 30 days.

Kenvue Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
KVUE CALL TRADE BULLISH 11/17/23 $25.00 $231.0K 13.0K 2.4K
KVUE PUT SWEEP BEARISH 09/15/23 $30.00 $136.8K 389.9K 41.7K
KVUE PUT SWEEP BULLISH 08/25/23 $30.00 $129.3K 0 100
KVUE PUT SWEEP BEARISH 09/15/23 $30.00 $121.8K 389.9K 43.6K
KVUE PUT SWEEP NEUTRAL 08/25/23 $30.00 $74.2K 0 100

Where Is Kenvue Standing Right Now?

  • With a volume of 46,029,318, the price of KVUE is up 1.5% at $23.72.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 89 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Kenvue, Benzinga Pro gives you real-time options trades alerts.

Overview Rating:
Speculative
50%
Technicals Analysis
100
0100
Financials Analysis
20
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!