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Cheniere Energy call volume above normal and directionally bullish

Bullish option flow detected in Cheniere Energy (LNG) with 3,738 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 36.25%. May-25 210 puts and Sep-25 230 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.67. Earnings are expected on May 8th.

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