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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 15,125 puts trading, or 1.5x expected. Most active are 3/28 weekly 10 puts and Mar-25 10 puts, with total volume in those strikes near 11,600 contracts. The Put/Call Ratio is 3.30, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 21st.

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