Options volume is nearly triple the daily average, with 108k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.44. Implied volatility (IV30) rose 5.69 to 97.65,below the median, suggesting an expected daily move of $0.75. Put-call skew steepened, indicating increased demand for downside protection.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOUN:
- SOUN Lawsuit Alert! Class Action Lawsuit Against SoundHound AI, Inc.
- SoundHound AI Stock (SOUN) Shoots Up over 20%: What’s Behind the Rally?
- SoundHound AI’s (SOUN) Q1 Results Spark Mixed Top Analyst Reactions
- SoundHound AI, Inc.: Positioned for Growth Amidst Economic Uncertainty with Strong Cash Reserves and Expanding Restaurant Business
- SoundHound price target lowered to $18 from $26 at H.C. Wainwright
