Bearish flow noted in KeyCorp with 10,629 puts trading, or 8x expected. Most active are 2/9 weekly 12.5 puts and Feb-24 13.5 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 4.86, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.
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