KeyCorp Stock Options

KEY Stock  USD 17.40  0.19  1.08%   
KeyCorp's latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.82 with a put-to-call open interest ratio of 1.59 over 46 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on January 16th 2026. The total put volume is at 204, with calls trading at the volume of 955. This yields a 0.21 put-to-call volume ratio.

Open Interest Against January 16th 2026 Option Contracts

KeyCorp option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in KeyCorp's lending market. For example, when KeyCorp's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on KeyCorp, he or she must hedge the risk by shorting KeyCorp stock over its option's life.
The chart above shows KeyCorp's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. KeyCorp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for KeyCorp's option, there is no secondary market available for investors to trade.

KeyCorp Maximum Pain Price Across 2026-01-16 Option Contracts

Max pain occurs when KeyCorp's market makers reach a net positive position across all KeyCorp's options at a strike price where option holders stand to lose the most money. By contrast, KeyCorp's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on KeyCorp

Analyzing KeyCorp's in-the-money options over time can help investors to take a profitable long position in KeyCorp regardless of its overall volatility. This is especially true when KeyCorp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money KeyCorp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with KeyCorp's stock while costing only a fraction of its price.

KeyCorp In The Money Call Balance

When KeyCorp's strike price is surpassing the current stock price, the option contract against KeyCorp stock is said to be in the money. When it comes to buying KeyCorp's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on KeyCorp are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

KeyCorp Current Options Market Mood

KeyCorp's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps KeyCorp Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of KeyCorp's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. KeyCorp's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current KeyCorp contract

Base on the Rule 16, the options market is currently suggesting that KeyCorp will have an average daily up or down price movement of about 0.0513% per day over the life of the 2026-01-16 option contract. With KeyCorp trading at USD 17.4, that is roughly USD 0.008917. If you think that the market is fully incorporating KeyCorp's daily price movement you should consider buying KeyCorp options at the current volatility level of 0.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing KeyCorp options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" KeyCorp calls. Remember, the seller must deliver KeyCorp stock to the call owner when a call is exercised.

KeyCorp Option Chain

When KeyCorp's strike price is surpassing the current stock price, the option contract against KeyCorp stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
KeyCorp's option chain is a display of a range of information that helps investors for ways to trade options on KeyCorp. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for KeyCorp. It also shows strike prices and maturity days for a KeyCorp against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
KEY260116C00035000035.00.0 - 0.930.93Out
Call
KEY260116C000300006830.00.0 - 0.930.02Out
Call
KEY260116C0002700013227.00.0 - 0.930.05Out
Call
KEY260116C00026000726.00.0 - 0.940.01Out
Call
KEY260116C0002500024325.00.0 - 0.050.03Out
Call
KEY260116C000240005824.00.0 - 0.960.04Out
Call
KEY260116C000230001223.00.0 - 0.130.1Out
Call
KEY260116C00022000931822.00.01 - 0.130.03Out
Call
KEY260116C00021000377621.00.07 - 0.20.1Out
Call
KEY260116C000200001346520.00.17 - 0.230.2Out
Call
KEY260116C0001900073519.00.29 - 0.380.36Out
Call
KEY260116C00018000101118.00.61 - 0.760.68Out
Call
KEY260116C00017000943517.01.11 - 1.261.27In
Call
KEY260116C00016000106616.01.85 - 2.141.93In
Call
KEY260116C00015000181515.02.51 - 2.832.9In
Call
KEY260116C0001400025214.03.1 - 3.853.9In
Call
KEY260116C00013000213.03.75 - 5.35.99In
Call
KEY260116C000120003912.04.85 - 5.756.65In
Call
KEY260116C0001000031410.06.75 - 8.659.03In
Call
KEY260116C00008000158.08.3 - 10.6511.16In
Call
KEY260116C00005000145.011.7 - 13.614.07In
Call
KEY260116C0000300033.013.75 - 15.615.19In
 Put
KEY260116P00035000035.016.45 - 19.016.45In
 Put
KEY260116P00030000030.011.35 - 14.0511.35In
 Put
KEY260116P00027000027.08.35 - 11.058.35In
 Put
KEY260116P00026000026.07.4 - 10.07.4In
 Put
KEY260116P00025000525.06.6 - 9.06.24In
 Put
KEY260116P00024000024.05.4 - 8.05.29In
 Put
KEY260116P00023000023.04.5 - 6.754.49In
 Put
KEY260116P00022000122822.04.45 - 5.655.2In
 Put
KEY260116P000210002521.03.5 - 4.42.58In
 Put
KEY260116P00020000236120.02.62 - 3.153.0In
 Put
KEY260116P0001900087719.01.82 - 2.152.1In
 Put
KEY260116P00018000234818.01.27 - 1.431.11In
 Put
KEY260116P000170001524217.00.77 - 0.860.78Out
 Put
KEY260116P00016000128016.00.41 - 0.520.54Out
 Put
KEY260116P000150001529815.00.26 - 0.380.25Out
 Put
KEY260116P00014000119314.00.14 - 0.390.17Out
 Put
KEY260116P000130003613.00.06 - 0.390.09Out
 Put
KEY260116P000120001380712.00.0 - 0.20.04Out
 Put
KEY260116P000110001111.00.0 - 0.890.21Out
 Put
KEY260116P000100001202010.00.0 - 0.690.07Out
 Put
KEY260116P0000900019.00.0 - 0.960.09Out
 Put
KEY260116P000080002928.00.0 - 0.70.01Out
 Put
KEY260116P000050005155.00.0 - 0.930.02Out
 Put
KEY260116P00003000463.00.0 - 0.930.93Out

KeyCorp Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

KeyCorp Total Stockholder Equity

Total Stockholder Equity

9.92 Billion

At this time, KeyCorp's Total Stockholder Equity is fairly stable compared to the past year.

KeyCorp Corporate Directors

Alexander CutlerLead Independent DirectorProfile
Richard HippleIndependent DirectorProfile
Todd VasosIndependent DirectorProfile
Elizabeth GileIndependent DirectorProfile

Additional Tools for KeyCorp Stock Analysis

When running KeyCorp's price analysis, check to measure KeyCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.