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Moderately bullish activity in SoundHound AI with shares down 5.32%

Moderately bullish activity in SoundHound AI (SOUN), with shares down 65c near $11.56. Options volume relatively light with 24k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 0.6 points near 77.31,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.56. Put-call skew flattened, suggesting a modestly bullish tone.

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