Moderately bullish activity in SoundHound AI (SOUN), with shares down $1.10 near $17.13. Options volume relatively light with 45k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 5.5 points near 124.58,in the top quartile of the past year, suggesting an expected daily move of $1.34. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: SoundHound AI (SOUN) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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