KEY
KeyCorp
Rating 4.5 / 5 Recommendation Open trade

Credit put spread analysis · · Strong setup

IV Rank
60
Implied volatility percentile
Trend
0.61
Long-term trend score
Safety
5/8
Quality checks passed
Drop
-5.4%
Day 3 of drop
Reversal
Doji
Day 4
1Y Change
5.4%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

This stock has shown a significant drop of 5.36% recently, which could indicate a potential buying opportunity. The stock is up 5.4% over the past two months, with a trend of 61%, safety rating of 5/8, and implied volatility (IV) of 60%. The Doji reversal pattern on day 4 suggests a possible trend reversal.

For an OPEN recommendation, we should consider a credit put spread. Based on the current stock price of $21.47, we could sell a put at a strike price around $19.30 - $20.30 (5-15% below the current price) and buy a put at a lower strike price around $18.35 - $19.00 (5-10% below the sell strike price). This would result in a spread width of around $0.97 - $1.30, or 5-10% of the current stock price.

The estimated credit for this credit put spread would depend on the specific strike prices chosen and the current options market. However, a realistic credit might be around $0.50 - $1.50, depending on the specific options available.

Overall, this appears to be a strong opportunity with a good risk/reward profile. I would recommend opening a credit put spread position at this time, but be prepared to adjust or close the position if the stock price continues to decline or if market conditions change.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Mar 26, 2026.

Sell
$20.00
Short put (collects premium)
Buy
$19.00
Long put (caps risk)
Width
$1.00
Estimated credit
$1.25
Max risk
$-0.25
Expiration
Mar 26, 2026

For entertainment purposes only. Not a recommendation to trade. Disclaimer.

Trade history on KEY

Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.

OpenedStrikes (S/B)ExpirationCreditP/LOutcome
Feb 25, 2026 $20.00/$19.00 Mar 26, 2026 $1.25 $0.40 Win · expiration_proximity