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Mixed options sentiment in SoundHound AI with shares up 1.86%

Mixed options sentiment in SoundHound AI (SOUN), with shares up 22c, or 1.86%, near $12.04. Options volume relatively light with 45k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.49. Implied volatility (IV30) dropped 1.7 near 82.22,in the bottom quartile of the past year, suggesting an expected daily move of $0.62. Put-call skew steepened, indicating increased demand for downside protection.

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