Bearish flow noted in KeyCorp (KEY) with 6,258 puts trading, or 1.8x expected. Most active are Jan-27 10 puts and Jan-26 15 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 1.59, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KEY:
- KeyCorp price target raised to $18.50 from $16 at JPMorgan
- KeyCorp price target raised to $20.50 from $18 at Keefe Bruyette
- KeyCorp price target raised to $20 from $18 at Wells Fargo
- KeyCorp upgraded to Buy at UBS on expected regional bank ‘catch-up’ trade
- KeyCorp upgraded to Buy from Neutral at UBS