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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 11,634 puts trading, or 1.6x expected. Most active are Dec-25 8 puts and 8/22 weekly 9.5 calls, with total volume in those strikes near 11,500 contracts. The Put/Call Ratio is 4.16, while ATM IV is up over 1 point on the day. Earnings are expected on October 20th.

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