KEY251219C00005000 Option on KeyCorp

KEY Stock  USD 19.98  0.59  3.04%   
KeyCorp's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.37 with a put-to-call open interest ratio of 1.28 over 37 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on March 20th 2026. The total put volume is at 411, with calls trading at the volume of 710. This yields a 0.58 put-to-call volume ratio.

Open Interest Against March 20th 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 2026-03-20 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 0.0231% per day over the life of the 2026-03-20 option contract. With KeyCorp trading at USD 19.98, that is roughly USD 0.00462. 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 0.37%. 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
KEY260320C00035000035.00.0 - 0.060.06Out
Call
KEY260320C00030000030.00.0 - 0.060.06Out
Call
KEY260320C00026000026.00.0 - 0.090.09Out
Call
KEY260320C00025000123025.00.0 - 0.070.04Out
Call
KEY260320C000240001924.00.0 - 0.10.05Out
Call
KEY260320C0002300028123.00.08 - 0.190.13Out
Call
KEY260320C0002200038322.00.16 - 0.350.24Out
Call
KEY260320C00021000113121.00.37 - 0.60.5Out
Call
KEY260320C00020000162420.00.73 - 0.950.87Out
Call
KEY260320C0001900055519.01.26 - 1.41.39In
Call
KEY260320C0001800035718.01.96 - 2.242.19In
Call
KEY260320C0001700038417.02.73 - 3.052.87In
Call
KEY260320C000160003016.03.6 - 3.93.72In
Call
KEY260320C00015000415.04.5 - 4.853.6In
Call
KEY260320C00014000714.05.4 - 5.84.1In
Call
KEY260320C00013000113.06.3 - 6.755.23In
Call
KEY260320C00012000712.06.7 - 8.457.7In
Call
KEY260320C00011000111.07.7 - 9.36.54In
 Put
KEY260320P00035000035.014.85 - 16.414.85In
 Put
KEY260320P00030000030.09.85 - 11.39.85In
 Put
KEY260320P00026000026.05.75 - 7.45.75In
 Put
KEY260320P00025000025.04.6 - 6.64.6In
 Put
KEY260320P00024000124.04.45 - 4.86.55In
 Put
KEY260320P00023000223.03.5 - 3.854.1In
 Put
KEY260320P00022000122.02.55 - 2.953.05In
 Put
KEY260320P00021000621.01.77 - 2.212.65In
 Put
KEY260320P00020000280420.01.35 - 1.541.56In
 Put
KEY260320P00019000124719.00.87 - 1.011.04Out
 Put
KEY260320P0001800053218.00.49 - 0.630.62Out
 Put
KEY260320P00017000149117.00.32 - 0.620.37Out
 Put
KEY260320P0001600045016.00.17 - 0.340.24Out
 Put
KEY260320P0001500059815.00.11 - 0.230.15Out
 Put
KEY260320P0001400050514.00.07 - 0.190.13Out
 Put
KEY260320P000130005313.00.01 - 0.160.13Out
 Put
KEY260320P00012000712.00.0 - 0.130.11Out
 Put
KEY260320P00011000711.00.0 - 0.110.2Out
 Put
KEY260320P00010000410.00.0 - 0.10.07Out

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.