KEYCORP /NEW/ (KEY) Options Risk Score

Run a full KEY options risk analysis

See the complete risk breakdown — news catalysts, SEC filings, legal proceedings, earnings overlap, IV vs HV, options flow and Expected Move — all in one scan.

Is it risky to sell options on KEYCORP /NEW/ (KEY) right now?

For a 4-week expiry, KEYCORP /NEW/ (KEY) carries an options catalyst-risk score of 26 out of 100 (LOW). What pushes it there: an upcoming earnings report and 10 active legal filings, all landing inside the 4-week window. On TickerRisk's scale anything below 45 is LOW, meaning no major scheduled catalyst was found in this window. That is not a guarantee against an unscheduled move — it means the calendar is clear, not that KEY cannot fall.

KEY shows an IV Rank of 78 — implied volatility is near the top of its own one-year range, so KEY options are historically expensive, which favours premium-selling strategies, with a current implied volatility of about 33%. Read IV Rank alongside the catalyst score: it says how expensive KEY options are, while the score says whether that price is justified by a scheduled event.

KEY is scheduled to report earnings on 2026-10-20, which falls inside a typical monthly options expiry — expect elevated implied volatility into the event and an IV crush afterward.

KEYCORP /NEW/ (KEY) current implied volatility and IV Rank

The most recent read on KEYCORP /NEW/ (KEY) puts its IV Rank at 78 with implied volatility around 33%, alongside a TickerRisk options-risk score of 26/100. That's high — options are expensive relative to the past year, which favours premium-selling strategies such as credit spreads, iron condors and covered calls, provided no binary catalyst is working against you.

For what this number does and does not tell you about KEY's options, see IV Rank explained.

KEYCORP /NEW/ (KEY) next earnings date — 2026-10-20

KEYCORP /NEW/ (KEY) reports earnings on 2026-10-20 — about 44 days away, which falls inside a typical options expiry window. KEY's IV Rank is currently 78. Earnings are the single biggest scheduled catalyst for an overnight gap: implied volatility usually runs up into the report and collapses immediately after (the IV crush). Selling premium into the event captures that crush but exposes you to the gap; buying premium needs a move large enough to beat the elevated IV you paid.

TickerRisk provides risk scoring for informational purposes only. This is not financial advice. Options trading involves substantial risk of loss. Full disclaimer