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SoundHound AI put volume heavy and directionally bearish

Bearish flow noted in SoundHound (SOUN) AI with 7,860 puts trading, or 1.5x expected. Most active are Apr-26 6 puts and 3/27 weekly 7 calls, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 1.54, while ATM IV is up over 1 point on the day. Earnings are expected on May 7th.

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