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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 11,099 puts trading, or 4x expected. Most active are Jan-25 7 puts and Jun-24 9.5 puts, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 10.80, while ATM IV is up over 1 point on the day. Earnings are expected on July 29th.

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