Option traders moderately bearish in SoundHound AI (SOUN), with shares down 35c near $8.27. Options volume relatively light with 15k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.47. Implied volatility (IV30) is higher by 3.2 points near 88.97,and below the 52wk median, suggesting an expected daily move of $0.46. Put-call skew steepened, indicating increased demand for downside protection.
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