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Venture Global Inc put volume heavy and directionally bearish

Bearish flow noted in Venture Global (VG) Inc with 2,023 puts trading, or 1.2x expected. Most active are Feb-26 5 puts and 12/5 weekly 8.5 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.99, while ATM IV is up over 3 points on the day. Earnings are expected on March 5th.

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