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 17, 2027
Days to expiration: 432
Share price: $19.97
Put/call ratio (OI): 0.61
Put/call ratio (volume): 0.43
ATM implied volatility: 37.4%
Expected move: ±$8.13
Open interest (C / P): 2.83K / 1.74K

KEY options summary

The KEY options chain for the December 17, 2027 expiration lists 13 call and 8 put contracts, with 432 days until expiration. Open interest stands at 2,828 calls and 1,736 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $20.00 strike is 37.4%, which implies the market expects a move of about ±$8.13 (40.7%) in KeyCorp stock by expiration.

The most open interest sits at the $25.00 call (1.14K contracts) and the $22.00 put (1.50K contracts).

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

KEY options chain · December 17, 2027

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
1	2	—	19.72	18.00	23.00	3.00	—	—	—	—	—	—
0	13	—	16.05	0.00	0.00	5.00	0.00	0.24	0.23	72.7%	1	1
2	1	118.1%	15.43	11.50	16.50	8.00	0.05	0.57	0.46	60.9%	10	60
1	2	114.2%	11.23	10.50	15.20	10.00	0.20	1.50	0.56	65.4%	1	9
33	1	40.9%	8.80	7.00	7.60	13.00	0.10	0.55	0.49	39.0%	4	50
105	2	36.3%	6.98	5.50	5.90	15.00	0.00	0.00	1.25	6.3%	10	0
33	2	34.7%	4.50	4.10	4.50	17.00	0.15	1.45	1.25	33.6%	40	15
KEY $19.97
721	1	45.5%	2.75	2.40	3.90	20.00	2.10	2.55	2.81	29.3%	1	101
97	30	30.9%	1.45	1.45	1.90	22.00	2.20	4.30	2.55	35.2%	10	1,500
1,136	1	29.2%	0.85	0.75	1.00	25.00	—	—	—	—	—	—
14	1	28.8%	0.95	0.40	0.65	27.00	—	—	—	—	—	—
685	125	37.1%	0.25	0.20	0.80	30.00	—	—	—	—	—	—
0	—	12.5%	0.51	0.00	0.00	35.00	—	—	—	—	—	—

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 17, 2027 expiration, the KEY put/call ratio based on open interest is 0.61 (1,736 puts vs 2,828 calls), and 0.43 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 17, 2027 is about 37.4%, 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.