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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 9,979 puts trading, or 1.0x expected. Most active are 11/3 weekly 8.5 puts and 10/27 weekly 9 puts, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 8.22, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.

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