SoundHound AI Shares Rise 1.59% to $8.30
Moderately bullish activity in SoundHound AI (SOUN), with shares up 13c, or 1.59%, near $8.30. Options volume relatively light with 63k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.32. Implied volatility (IV30) is higher by 5.5 points near 76.17,in the bottom quartile of the past year, suggesting an expected daily move of $0.40. Put-call skew steepened, indicating increased demand for downside protection.
