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New options contracts have become available for Kenvue Inc (KVUE) with a focus on the August 21st expiration. The YieldBoost formula has identified a put contract with a current bid of 6 cents and a call contract with a current bid of 91 cents. Investors can sell-to-open these contracts to collect a premium and potentially achieve a higher return than contracts with a closer expiration. The call contract at the $18.00 strike price offers a total return of 9.31% if the stock gets called away at the expiration.

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