Venture Global (VG) is a Viriginia based Liquified Natural Gas company that reported a big dip in revenue in its recent quarterly report. In addition to falling revenues, apparently $VG it is locked in an ongoing project where costs are escalating out of control.
Needless to say, the investors are not impressed and the sharks smell blood and bet $1.4 million that it will sink further.
There were also some heavy bets in Delta Airlines (DAL) & Western Digital (WDC). The Unusual Options Activity Scanner has all the details for you.
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