Bearish flow noted in AGNC Investment Corp. with 18,478 puts trading, or 1.7x expected. Most active are 7/26 weekly 10 puts and 8/2 weekly 10 puts, with total volume in those strikes near 16,900 contracts. The Put/Call Ratio is 9.12, while ATM IV is up over 2 points on the day. Earnings are expected on July 22nd.
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