SoundHound AI Shares Rise 2.78% to $7.03
Mixed options sentiment in SoundHound AI (SOUN), with shares up 19c, or 2.78%, near $7.03. Options volume roughly in line with average with 56k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.37 near 91.62,and above the 52wk median, suggesting an expected daily move of $0.41. Put-call skew steepened, indicating increased demand for downside protection.