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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 3,462 puts trading, or 1.8x expected. Most active are Sep-23 10 puts and 9/22 weekly 10 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 6.16, while ATM IV is up over 1 point on the day. Earnings are expected on October 23rd.

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