Mixed options sentiment in SoundHound AI (SOUN), with shares down 29c near $12.15. Options volume relatively light with 80k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.35. Implied volatility (IV30) dropped 1.38 near 76.98,in the bottom quartile of the past year, suggesting an expected daily move of $0.59. Put-call skew steepened, indicating increased demand for downside protection.
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