KEY260116P00008000 Option on KeyCorp

KEY Stock  USD 17.35  0.16  0.93%   
KEY260116P00008000 is a PUT option contract on KeyCorp's common stock with a strick price of 8.0 expiring on 2026-01-16. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at an ask price of $0.06. The implied volatility as of the 19th of November is 58.0.
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 2026-01-16 Option Contract

The options market is anticipating that KeyCorp will have an average daily up or down price movement of about 0.0643% per day over the life of the option. With KeyCorp trading at USD 17.35, that is roughly USD 0.0112. 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 1.03%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameKEY260116P00008000
Expires On2026-01-16
Days Before Expriration58
Vega0.00332
Gamma0.006755
Theoretical Value0.06
Open Interest292
Strike Price8.0
Last Traded At0.01
Current Price Spread0.0 | 0.06
Rule 16 Daily Up or DownUSD 0.0112

KeyCorp short PUT Option Greeks

KeyCorp's Option Greeks for the contract ending on 2026-01-16 at a strike price of 8.0 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.
Delta-0.019833
Gamma0.006755
Theta-0.002893
Vega0.00332
Rho-6.1E-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 7.94 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 8.0, the payoff chart is constant and positive.
   Profit   
       KeyCorp Price At Expiration  
View All KeyCorp Options

KeyCorp Available Put 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
 Put
KEY260116P00035000035.017.1 - 18.717.1In
 Put
KEY260116P00030000130.012.1 - 13.712.6In
 Put
KEY260116P00027000027.09.1 - 10.69.1In
 Put
KEY260116P00026000026.08.1 - 9.758.1In
 Put
KEY260116P00025000725.07.1 - 8.756.86In
 Put
KEY260116P00024000024.06.1 - 7.755.29In
 Put
KEY260116P00023000023.05.1 - 6.754.49In
 Put
KEY260116P00022000122822.04.1 - 5.655.2In
 Put
KEY260116P000210002521.03.7 - 4.42.97In
 Put
KEY260116P00020000207820.02.73 - 3.452.73In
 Put
KEY260116P0001900083519.01.89 - 2.421.7In
 Put
KEY260116P00018000224218.01.25 - 1.421.4In
 Put
KEY260116P000170001527317.00.77 - 0.80.76Out
 Put
KEY260116P00016000113616.00.39 - 0.440.51Out
 Put
KEY260116P000150001524915.00.19 - 0.280.17Out
 Put
KEY260116P00014000119314.00.09 - 0.20.17Out
 Put
KEY260116P000130003613.00.01 - 0.140.09Out
 Put
KEY260116P000120001380712.00.0 - 0.110.04Out
 Put
KEY260116P000110001111.00.0 - 0.080.21Out
 Put
KEY260116P000100001202010.00.0 - 0.060.07Out
 Put
KEY260116P0000900019.00.0 - 0.070.09Out
 Put
KEY260116P000080002928.00.0 - 0.060.01Out
 Put
KEY260116P000050005155.00.0 - 0.410.02Out
 Put
KEY260116P00003000463.00.0 - 0.410.41Out

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.