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Yes, it's true, I'm blind, I haven't seen it, even though it's first on the list, I was surprised not to have that option.

Right Click & Select Mute or use CTRL+M Jill

Hi, In PTE AV Studio 12 the Chroma Key function for video clips has been completely rewritten. It now works reliably with all popular background colors: green, blue, red, and more. Background removal quality is significantly improved. Edge handling is especially enhanced: color spill is eliminated and object outlines are clean and sharp. Try the new Beta 12. Click to play: ChromaKey-V11-vs-V12.mp4

Beta 12 is available See the download links above. Improved Chroma Key for Video Clips. The chroma key function for video clips has been completely rewritten. It now works reliably with all popular background colors: green, blue, red, and more. Background removal quality is significantly improved. Edge handling is especially enhanced: color spill is eliminated and object outlines are clean and sharp. Video example Improved the Trim and Adjust Speed window (for a video object). Timeline scale is now preserved. Added hints for “+”, “-”, “[“ and “]” buttons.

Beta 11 is available See the download links above. Improved the Trim and Adjust Speed window (for a video object): Added Undo function (Ctrl+Z). Hint for a selected keyframe shows the source time and the playback time. Minor improvements.