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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 5,395 puts trading, or 4x expected. Most active are Jul-23 10 puts and 6/30 weekly 10 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 28.70, while ATM IV is up over 1 point on the day. Earnings are expected on July 24th.

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Published first on TheFly

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