Bearish flow noted in KeyCorp (KEY) with 1,522 puts trading, or 2x expected. Most active are Nov-25 17.5 puts and Nov-25 19 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 5.44, while ATM IV is up over 1 point on the day. Earnings are expected on January 20th.
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