KeyCorp
Short

KEY KeyCorp Options Ahead of Earnings

Updated
Looking at the KEY KeyCorp options chain ahead of earnings , I would buy the $14 strike price Puts with
2023-6-16 expiration date for about
$0.27 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.



Trade active
KEY puts trading at $0.48 today, from $0.27 when i wrote the article. could double soon and exit 50%.
Trade closed: target reached
On May 4, before expiration, KEY was trading at $8.53. This means that the $14 strike price puts expiring on June 16 were up significantly, with the premium increasing by at least 20X! Wow!
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