The Options Insider

Small Dollar KEY Calls Go Up

by | Jan 25, 2017 | Unusual Activity

20000 KEY Mar17 20 calls went up in 1 block on the PHLX.?

KEY

Shares of KeyCorp (KEY) are up .27 to 18.32 today.? KEY is near the top of the 52 week range.

  • Paper traded 20000 KEY Mar17 20 calls at .10. ?
  • The ADV is 757 contracts.? ?
  • The open interest is 4990 contracts.

The volume went up in 1 block on the PHLX.? This appears to be a yield play for .10 on an improbable run up to $20 for KEY.? The seller is probably long stock looking to grab a free .10.

  • IV 30 is trading for 23%.?
  • HV10 is trading for 34%.?
  • IV 30 is below the HV 10.

KeyCorp is a bank holding company. The Bank operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services.