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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 45,281 puts trading, or 4x expected. Most active are 7/26 weekly 9 puts and 7/26 weekly 10 puts, with total volume in those strikes near 31,400 contracts. The Put/Call Ratio is 5.97, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.

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