Mixed options sentiment in SoundHound AI (SOUN), with shares down 4c near $8.15. Options volume relatively light with 59k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.38 near 103.15,in the top quartile of the past year, suggesting an expected daily move of $0.53. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: SoundHound AI (SOUN) will report earnings after the close on 2026-05-07.Option markets are pricing in a 50% probability of a move greater than 15.99% or $1.30.
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