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AGNC Investment Corp. put volume heavy and directionally bearish

Bearish flow noted in AGNC Investment Corp. with 8,463 puts trading, or 2x expected. Most active are 10/27 weekly 8.5 puts and Jan-24 9 calls, with total volume in those strikes near 11,800 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.

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