Annaly Mortgage put open interest increased by 35,000 this morning to a total of 249,150 contracts, a new multi-year high, with nearly half the positions struck out-of-them money and a concentration in the 14 and 15 strikes, currently 12% and 6% below spot. Shares closed at $15.95, and data shows opening buying of the June 14 puts for 13 to 14cents for with a total of 21,000 trading as shares hovered near $16.02. This put volume was 4x the recent adv, while underlying volume was normal.