KeyCorp
Short

KEY KeyCorp Options Ahead of Earnings

Updated
If you haven`t sold KEY before the selloff:
KEY KeyCorp Options Ahead of Earnings


Now analyzing the options chain and the chart patterns of KEY KeyCorp prior to the earnings report this week,
I would consider purchasing the 15usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.21.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
KEY traded at $14.16 today, and the Puts went up from $0.21 (when I wrote this article) to about $1.05, for a fantastic 5X gain!
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