tiprankstipranks
Trending News
More News >

SoundHound AI put volume heavy and directionally bearish

Bearish flow noted in SoundHound (SOUN) AI with 23,153 puts trading, or 4x expected. Most active are May-25 8 puts and May-25 7.5 puts, with total volume in those strikes near 19,000 contracts. The Put/Call Ratio is 1.86, while ATM IV is up nearly 10 points on the day. Earnings are expected on May 8th.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue