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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment (AGNC) Corp. with 11,752 puts trading, or 2x expected. Most active are Apr-26 10 puts and Jan-26 10.5 puts, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 5.98, while ATM IV is up over 2 points on the day. Earnings are expected on January 26th.

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