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KeyCorp put volume heavy and directionally bearish
The Fly

KeyCorp put volume heavy and directionally bearish

Bearish flow noted in KeyCorp with 8,316 puts trading, or 1.9x expected. Most active are 6/28 weekly 13 puts and Jun-24 11 puts, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 1.86, while ATM IV is up nearly 11 points on the day. Earnings are expected on July 18th.

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