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Mixed options sentiment in SoundHound AI with shares down 1.13%

Mixed options sentiment in SoundHound AI (SOUN), with shares down 10c near $8.32. Options volume relatively light with 37k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.31. Implied volatility (IV30) is higher by 0.0 points near 79.16,in the bottom quartile of the past year, suggesting an expected daily move of $0.42. Put-call skew steepened, indicating increased demand for downside protection.

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