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Mixed options sentiment in SoundHound AI with shares up 0.12%

Mixed options sentiment in SoundHound AI (SOUN), with shares up 1c, or 0.12%, near $8.46. Options volume relatively light with 38k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.33. Implied volatility (IV30) dropped 3.02 near 74.4,in the bottom quartile of the past year, suggesting an expected daily move of $0.40. Put-call skew steepened, indicating increased demand for downside protection.

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