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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 18,793 puts trading, or 4x expected. Most active are Jan-26 9 puts and Jan-27 10 calls, with total volume in those strikes near 18,100 contracts. The Put/Call Ratio is 9.24, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 26th.

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