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Mixed options sentiment in SoundHound AI with shares up 2.02%

Mixed options sentiment in SoundHound AI (SOUN), with shares up 28c, or 2.02%, near $14.43. Options volume relatively light with 137k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.54. Implied volatility (IV30) dropped 9.85 near 86.95,in the bottom quartile of the past year, suggesting an expected daily move of $0.79. Put-call skew steepened, indicating increased demand for downside protection.

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