Financial giants have made a conspicuous bullish move on KeyCorp. Our analysis of options history for KeyCorp KEY revealed 19 unusual trades.
Delving into the details, we found 73% of traders were bullish, while 21% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $699,665, and 7 were calls, valued at $268,670.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $25.0 for KeyCorp during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for KeyCorp options trades today is 2743.2 with a total volume of 9,860.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for KeyCorp's big money trades within a strike price range of $10.0 to $25.0 over the last 30 days.
KeyCorp 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| KEY | PUT | TRADE | BULLISH | 11/29/24 | $5.85 | $5.7 | $5.7 | $25.00 | $87.2K | 0 | 515 |
| KEY | PUT | TRADE | BULLISH | 11/29/24 | $6.1 | $5.95 | $5.95 | $25.00 | $80.3K | 0 | 362 |
| KEY | PUT | TRADE | BULLISH | 11/29/24 | $6.05 | $5.9 | $5.9 | $25.00 | $74.3K | 0 | 227 |
| KEY | PUT | TRADE | BULLISH | 11/29/24 | $5.8 | $5.65 | $5.65 | $25.00 | $74.0K | 0 | 1.3K |
| KEY | PUT | TRADE | BULLISH | 11/29/24 | $6.15 | $5.9 | $5.9 | $25.00 | $57.2K | 0 | 100 |
About KeyCorp
With assets of over $180 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Where Is KeyCorp Standing Right Now?
- With a trading volume of 11,219,269, the price of KEY is up by 13.41%, reaching $19.57.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 76 days from now.
What The Experts Say On KeyCorp
5 market experts have recently issued ratings for this stock, with a consensus target price of $18.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from DA Davidson keeps a Buy rating on KeyCorp with a target price of $20. * Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on KeyCorp with a target price of $18. * An analyst from Baird downgraded its action to Neutral with a price target of $17. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on KeyCorp with a target price of $19. * An analyst from UBS has decided to maintain their Neutral rating on KeyCorp, which currently sits at a price target of $18.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for KeyCorp with Benzinga Pro for real-time alerts.
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