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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 19,038 puts trading, or 2x expected. Most active are Jun-25 8 puts and Sep-25 9 calls, with total volume in those strikes near 10,100 contracts. The Put/Call Ratio is 1.84, while ATM IV is up nearly 15 points on the day. Earnings are expected on April 21st.

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