Mixed options sentiment in SoundHound AI (SOUN), with shares down 20c near $9.81. Options volume relatively light with 33k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.32. Implied volatility (IV30) dropped 1.49 near 77.87,in the bottom quartile of the past year, suggesting an expected daily move of $0.48. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOUN:
- SoundHound AI Stock (SOUN) Hits the High Notes, But Can It Stay in Tune?
- Leidos, SoundHound, CMC, Unity, Southwest: Trending by Analysts
- SoundHound AI Approves Key Amendments at Annual Meeting
- SoundHound AI Stock (SOUN) Gets Neutral Nod from TipRanks’ AI Analysis
- Nvidia (NVDA) Powers AI Stocks Higher Ahead of Its Q1 Earnings Report
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue