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KeyCorp put volume heavy and directionally bearish
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KeyCorp put volume heavy and directionally bearish

Bearish flow noted in KeyCorp with 18,166 puts trading, or 5x expected. Most active are 3/1 weekly 13 puts and Feb-24 13 puts, with total volume in those strikes near 9,800 contracts. The Put/Call Ratio is 4.37, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.

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