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Moderately bullish activity in SoundHound AI with shares up 0.86%

Moderately bullish activity in SoundHound AI (SOUN), with shares up 6c, or 0.86%, near $6.49. Options volume roughly in line with average with 13k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 3.6 points near 94.07,and above the 52wk median, suggesting an expected daily move of $0.38. Put-call skew steepened, indicating increased demand for downside protection.

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