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Compass Inc put volume heavy and directionally bearish

Bearish flow noted in Compass (COMP) Inc with 10,228 puts trading, or 14x expected. Most active are Sep-25 9 puts and Oct-25 10 calls, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 9.61, while ATM IV is up over 4 points on the day. Earnings are expected on October 30th.

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