Jul. 8 at 7:23 PM
$AGNC looking tricky today
Piper Sandler raised the target to
$12 and kept an Overweight rating but the stock’s still down 1.5%
Seeing some cautious short-term put flow
Noticed those clustered ask and above-ask sweeps in the 7/17
$10.5 puts on InsiderFinance with around 9,100 contracts
Fresh downside positioning suggests waiting to see if
$10.50 holds next week before jumping in
Also got that 9/18
$10 put sweep adding some protection around the
$10 level
A break below could signal more than just usual volatility
No clear edge here so patience might be key
