SoundHound AI call volume above normal and directionally bullish
Bullish option flow detected in SoundHound AI with 39,921 calls trading, 1.8x expected, and implied vol increasing over 6 points to 78.40%. 7/10 weekly 8 calls and 7/10 weekly 7 calls are the most active options, with total volume in those strikes near 16,800 contracts. The Put/Call Ratio is 0.11. Earnings are expected on August 6th.
Bullish option flow detected in SoundHound AI with 39,921 calls trading, 1.8x expected, and implied vol increasing over 6 points to 78.40%.
7/10 weekly 8 calls and 7/10 weekly 7 calls are the most active options, with total volume in those strikes near 16,800 contracts.
The Put/Call Ratio is 0.11.
Earnings are expected on August 6th.