Overview
Options activity in Kenvue Inc. climbed to 14,072 contracts by 12:01 p.m. New York time on Friday, according to exchange data compiled by Bloomberg. Calls accounted for 12,948 contracts while puts totaled 1,124 contracts.
Concentration in a single call
The July 17, 2026 $20 call was the most actively traded instrument, with 11,206 contracts changing hands. That volume contrasts with an open interest of 410 contracts reported as of Thursday for the same strike and expiry.
Notable put and spread activity
A put spread with August 7, 2026 expiries represented 843 contracts of the day's flow. Within that spread, the $16 put recorded 589 contracts traded and had an open interest of 892 contracts, while the $18 put saw 254 contracts traded and carried an open interest of 475 contracts.
Separately, a diagonal call spread spanning August 21, 2026 and February 19, 2027 strikes comprised 800 contracts. The February 19, 2027 $20 calls totaled 400 contracts and showed zero open interest, and the August 21, 2026 $19 calls also totaled 400 contracts against an open interest of 2,282 contracts.
Underlying stock and volatility metrics
Kenvue shares traded at $19.55, up 1.93% on the session. Short-term volatility measures moved lower: the companys three-month volatility slipped by 0.67 percentage points to 22.51%. The three-month 90/110 skew also edged down by 0.01 percentage points to 5.79 percentage points.
What the data shows
The midmorning options ledger was heavily skewed toward bullish call positioning by volume, while a smaller set of put and spread transactions appeared in outlying expirations. Market measures tied to three-month implied volatility and skew registered small declines.
Data limitations
All contract counts, open interest figures and volatility metrics are presented as reported at the times and dates specified in the exchange data. No further interpretation beyond the reported figures is provided.