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Venture Global Inc put volume heavy and directionally bearish

Bearish flow noted in Venture Global (VG) Inc with 13,341 puts trading, or 10x expected. Most active are Aug-25 5 puts and Aug-25 7.5 puts, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 4.98, while ATM IV is up over 2 points on the day. Earnings are expected on May 13th.

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