Mixed options sentiment in SoundHound AI with shares down 3.63%

Mixed options sentiment in SoundHound AI (SOUN), with shares down 42c near $11.28. Options volume roughly in line with average with 56k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.25. Implied volatility (IV30) dropped 0.96 near 100.02,and above the 52wk median, suggesting an expected daily move of $0.71. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: SoundHound AI (SOUN) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.