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Mixed options sentiment in SoundHound AI with shares up 2.81%

Mixed options sentiment in SoundHound AI (SOUN), with shares up 31c, or 2.81%, near $11.33. Options volume roughly in line with average with 63k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.37. Implied volatility (IV30) dropped 1.95 near 71.43,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.51. Put-call skew steepened, indicating increased demand for downside protection.

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