KEY250801C00021000 Option on KeyCorp

KEY Stock  USD 18.57  0.07  0.38%   
KEY250801C00021000 is a PUT option contract on KeyCorp's common stock with a strick price of 21.0 expiring on 2025-08-01. The contract was not traded in recent days and, as of today, has 4 days remaining before the expiration. The option is currently trading at an ask price of $0.45. The implied volatility as of the 28th of July is 4.0.
A put option written on KeyCorp becomes more valuable as the price of KeyCorp drops. Conversely, KeyCorp's put option loses its value as KeyCorp Stock rises.

Rule 16 of 2025-08-01 Option Contract

The options market is anticipating that KeyCorp will have an average daily up or down price movement of about 0.0623% per day over the life of the option. With KeyCorp trading at USD 18.57, that is roughly USD 0.0116. If you think that the market is fully understating KeyCorp's daily price movement you should consider buying KeyCorp options at that current volatility level of 1.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on KeyCorp

An 'Out of The Money' option on KeyCorp has a strike price that KeyCorp Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for KeyCorp's 'Out of The Money' options include buying the options if you expect a big move in KeyCorp's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameKEY250801C00021000
Expires On2025-08-01
Days Before Expriration4
Delta0.184187
Vega0.006336
Gamma0.112216
Theoretical Value0.23
Open Interest1
Strike Price21.0
Last Traded At0.06
Current Price Spread0.0 | 0.45
Rule 16 Daily Up or DownUSD 0.0116

KeyCorp short PUT Option Greeks

KeyCorp's Option Greeks for the contract ending on 2025-08-01 at a strike price of 21.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to KeyCorp's option greeks, its implied volatility helps estimate the risk of KeyCorp stock implied by the prices of the options on KeyCorp's stock.
Delta0.184187
Gamma0.112216
Theta-0.052578
Vega0.006336
Rho4.84E-4

KeyCorp long PUT Option Payoff at expiration

Put options written on KeyCorp grant holders of the option the right to sell a specified amount of KeyCorp at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of KeyCorp Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on KeyCorp is like buying insurance aginst KeyCorp's downside shift.
   Profit   
       KeyCorp Price At Expiration  

KeyCorp short PUT Option Payoff at expiration

By selling KeyCorp's put option, the investors signal their bearish sentiment. A short position in a put option written on KeyCorp will generally make money when the underlying price is above the strike price. Therefore KeyCorp's put payoff at expiration depends on where the KeyCorp Stock price is relative to the put option strike price. The breakeven price of 21.23 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to KeyCorp's price. Finally, at the strike price of 21.0, the payoff chart is constant and positive.
   Profit   
       KeyCorp Price At Expiration  
View All KeyCorp Options

KeyCorp Available Call Options

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
KEY250919C00035000035.00.0 - 0.450.45Out
Call
KEY250919C00030000030.00.0 - 0.450.45Out
Call
KEY250919C000260002526.00.0 - 0.440.44Out
Call
KEY250919C00025000325.00.0 - 0.440.44Out
Call
KEY250919C0002400013024.00.0 - 0.30.04Out
Call
KEY250919C000230008423.00.0 - 0.490.49Out
Call
KEY250919C0002200010722.00.01 - 0.390.05Out
Call
KEY250919C0002100042821.00.0 - 0.080.07Out
Call
KEY250919C00020000137820.00.16 - 0.20.18Out
Call
KEY250919C00019000289719.00.46 - 0.510.49Out
Call
KEY250919C00018000344318.01.01 - 1.060.99In
Call
KEY250919C00017000201317.01.74 - 2.221.8In
Call
KEY250919C00016000255816.02.63 - 2.742.89In
Call
KEY250919C00015000516715.03.65 - 3.73.55In
Call
KEY250919C00014000625014.04.6 - 4.74.4In
Call
KEY250919C000130008913.05.6 - 5.73.71In
Call
KEY250919C000120005012.06.6 - 6.76.6In
Call
KEY250919C000110005011.07.55 - 7.75.52In
Call
KEY250919C000100001710.08.6 - 8.76.5In
Call
KEY250919C0000800028.010.55 - 10.6510.58In

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.