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Compass Inc put volume heavy and directionally bearish

Bearish flow noted in Compass (COMP) Inc with 3,288 puts trading, or 1.8x expected. Most active are Mar-26 10 puts and Feb-26 10 calls, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 3.50, while ATM IV is up over 1 point on the day. Earnings are expected on February 26th.

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