Mixed options sentiment in SoundHound AI with shares up 0.74%

Mixed options sentiment in SoundHound AI (SOUN), with shares up 6c, or 0.74%, near $8.88. Options volume relatively light with 9307 contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.49. Implied volatility (IV30) dropped 10.7 near 100.85,and above the 52wk median, suggesting an expected daily move of $0.56. 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.