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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 5,126 puts trading, or 1.9x expected. Most active are Aug-23 10 puts and 8/4 weekly 10 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 4.28, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.

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