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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 7,003 puts trading, or 2x expected. Most active are 9/22 weekly 9.5 puts and Sep-23 9.5 puts, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 2.77, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 23rd.

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