Best Stock on the Market

Call Options on KEY on 11/7/2016

Pennant on KEYKeyCorp (KEY) operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.

The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses.

Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors.

In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services.

Shares have formed a bullish "pennant" and higher share prices are expected.

 

52-Weeks Trading Range: $9.88 - $14.43

Last Trade: $14.33

Trade

  • Buy 1 December $14.00 Call at $0.50
  • For a net debit of $0.50

Profit/Loss Analysis

  • Breakeven at $14.50
  • Maximum profit is unbounded
  • Maximum loss is ($50.00) at strike of $14.00

Closing Summary

  • Sold 1 December $14.00 Call at $2.04

Position closed on 11/10/2016 at price of $2.04 with a 308.00% gain in 3 days.

Updates

11/10/2016 10:30:33 AM

KEY Call Options closed at $2.04

Back to Portfolio