KeyCorp (KEY) Options Chain

NYSE: KEYFinanceMajor BanksUSD

19.97-0.13 (-0.65%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 69
Share price: $19.97
Put/call ratio (OI): 0.54
Put/call ratio (volume): 3.85
ATM implied volatility: 28.9%
Expected move: ±$2.51
Open interest (C / P): 13.83K / 7.46K

KEY options summary

The KEY options chain for the December 18, 2026 expiration lists 19 call and 16 put contracts, with 69 days until expiration. Open interest stands at 13,830 calls and 7,457 puts, a put/call ratio of 0.54, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $20.00 strike is 28.9%, which implies the market expects a move of about ±$2.51 (12.5%) in KeyCorp stock by expiration.

The most open interest sits at the $25.00 call (5.82K contracts) and the $20.00 put (4.28K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

KEY options chain · December 18, 2026

KEY calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
0	6	198.4%	18.75	16.40	17.60	3.00	—	—	—	—	—	—
7	2	145.3%	15.15	14.40	15.60	5.00	0.00	0.00	0.05	50.0%	—	0
0	1	114.5%	13.70	11.50	12.60	8.00	0.00	0.00	0.01	50.0%	7	0
0	45	89.1%	12.00	9.50	10.60	10.00	0.00	0.10	0.05	82.0%	27	49
0	2	—	8.40	0.00	0.00	13.00	0.15	0.45	0.52	80.8%	19	17
—	—	—	—	—	—	14.00	0.00	0.00	0.20	25.0%	5	0
4	1	132.0%	8.45	6.20	7.60	15.00	0.00	0.30	0.07	59.4%	40	51
—	—	—	—	—	—	16.00	0.05	0.35	0.10	52.1%	1	63
139	2	41.1%	2.88	3.00	3.30	17.00	0.10	0.25	0.17	37.2%	1	236
5	3	39.0%	2.15	2.15	2.50	18.00	0.20	0.45	0.35	36.0%	1	34
16	5	34.1%	2.41	1.40	1.70	19.00	0.45	0.60	0.55	30.0%	202	1,788
KEY $19.97
329	4	29.3%	0.80	0.80	1.00	20.00	0.85	1.00	0.93	28.4%	27	4,278
1,136	1	27.6%	0.45	0.40	0.55	21.00	1.35	1.65	1.30	29.8%	3	266
3,631	1	27.6%	0.22	0.15	0.30	22.00	2.20	2.30	2.25	26.5%	16	404
1,158	7	27.5%	0.15	0.05	0.15	23.00	2.95	3.40	3.10	37.4%	10	123
714	1	29.9%	0.08	0.05	0.10	24.00	4.00	4.30	3.70	39.4%	10	148
5,816	3	34.6%	0.03	0.00	0.10	25.00	0.00	0.00	3.50	—	1	0
650	1	34.0%	0.01	0.00	0.05	26.00	—	—	—	—	—	—
192	3	47.3%	0.02	0.00	0.15	27.00	—	—	—	—	—	—
18	1	55.0%	0.30	0.00	0.20	28.00	—	—	—	—	—	—
15	7	61.0%	0.10	0.00	0.35	30.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the KEY put/call ratio?

For the December 18, 2026 expiration, the KEY put/call ratio based on open interest is 0.54 (7,457 puts vs 13,830 calls), and 3.85 based on today's volume. A ratio above 1 means more puts than calls.

What is KEY's implied volatility?

At-the-money implied volatility for KEY options expiring December 18, 2026 is about 28.9%, an annualized estimate of how much the market expects KeyCorp stock to move.

How many KEY option expiration dates are there?

KEY has 10 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.