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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 7,569 puts trading, or 1.0x expected. Most active are Sep-25 8 puts and Sep-25 9 puts, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 2.10, while ATM IV is up over 1 point on the day. Earnings are expected on July 21st.

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