Bearish flow noted in KeyCorp with 1,777 puts trading, or 1.0x expected. Most active are May-24 15 puts and 4/5 weekly 16 calls, with total volume in those strikes near 740 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.
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