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Venture Global Inc put volume heavy and directionally bearish

Bearish flow noted in Venture Global (VG) Inc with 11,521 puts trading, or 8x expected. Most active are Aug-25 7.5 puts and Aug-25 20 calls, with total volume in those strikes near 11,500 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 3 points on the day. Earnings are expected on May 13th.

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