It’s more like “look at this shit”/“you seeing this?”/“whoa” for general stuff. Or sometimes with a slightly inappropriate joke or flirting the eyes acknowledge that and lessen it - like saying jk did back in the day.

In this context if I sent a contract to someone younger and they responded 👀 I might have to doublecheck if something was glaringly wrong with it.

Surprise and or shock? Wariness? They look like cartoon eyes on like Wile-E-Coyote or Tom when they realize they’re still holding the dynamite. 🧨 👀 😨