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:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOUN:
- SoundHound AI (SOUN) Is About to Report Q1 Earnings Tomorrow. Here Is What to Expect
- RKLB and SOUN: Two Russell 2000 Stocks to Watch Ahead of Q1 Earnings
- Options Volatility and Implied Earnings Moves This Week, May 05 – May 09, 2025
- PLTR, SOUN, or NVDA: Which AI Stock Scores Wall Street’s “Strong Buy” Rating?
- SoundHound AI call volume above normal and directionally bullish
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue