Mixed options sentiment in SoundHound AI (SOUN), with shares down $1.75 near $19.01. Options volume running well above average with 435k contracts traded and calls leading puts for a put/call ratio of 0.8, compared to a typical level near 0.39. Implied volatility (IV30) dropped 6.41 near 126.47,in the top quartile of the past year, suggesting an expected daily move of $1.51. Put-call skew steepened, indicating increased demand for downside protection.
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