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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 31,633 puts trading, or 4x expected. Most active are Nov-23 9 puts and 11/3 weekly 8.5 puts, with total volume in those strikes near 25,500 contracts. The Put/Call Ratio is 12.77, while ATM IV is up over 3 points on the day. Earnings are expected on October 30th.

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