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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 35,527 puts trading, or 2x expected. Most active are Feb-25 9.5 puts and Mar-25 9 puts, with total volume in those strikes near 19,400 contracts. The Put/Call Ratio is 4.57, while ATM IV is up over 1 point on the day. Earnings are expected on April 21st.

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