Bearish flow noted in KeyCorp (KEY) with 1,943 puts trading, or 1.1x expected. Most active are Nov-25 17 puts and Nov-25 17.5 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 2.81, while ATM IV is up nearly 5 points on the day. Earnings are expected on January 20th.
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