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Compass Inc put volume heavy and directionally bearish

Bearish flow noted in Compass (COMP) Inc with 27,987 puts trading, or 120x expected. Most active are Sep-25 9 puts and Oct-25 9 puts, with total volume in those strikes near 27,900 contracts. The Put/Call Ratio is 177, while ATM IV is up nearly 8 points on the day. Earnings are expected on October 30th.

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