Option traders moderately bearish in SoundHound AI (SOUN), with shares down 32c near $7.75. Options volume roughly in line with average with 25k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 1.8 points near 84.63,and below the 52wk median, suggesting an expected daily move of $0.41. Put-call skew steepened, indicating increased demand for downside protection.
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