Deep-pocketed investors have adopted a bullish approach towards SoundHound AI SOUN, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SOUN usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for SoundHound AI. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 50% bearish. Among these notable options, 3 are puts, totaling $160,588, and 5 are calls, amounting to $169,035.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $15.0 and $30.0 for SoundHound AI, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for SoundHound AI options trades today is 3425.0 with a total volume of 1,584.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for SoundHound AI's big money trades within a strike price range of $15.0 to $30.0 over the last 30 days.
SoundHound AI Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SOUN | PUT | TRADE | BEARISH | 04/17/25 | $16.15 | $15.65 | $16.05 | $30.00 | $80.2K | 55 | 50 |
| SOUN | PUT | SWEEP | BULLISH | 02/07/25 | $2.1 | $1.8 | $1.87 | $15.00 | $54.4K | 1.4K | 305 |
| SOUN | CALL | SWEEP | BULLISH | 03/21/25 | $1.59 | $1.53 | $1.59 | $20.00 | $39.7K | 4.6K | 307 |
| SOUN | CALL | TRADE | BEARISH | 07/18/25 | $3.8 | $3.7 | $3.73 | $18.00 | $37.3K | 1.4K | 132 |
| SOUN | CALL | TRADE | BULLISH | 07/18/25 | $3.4 | $3.4 | $3.4 | $20.00 | $34.0K | 2.2K | 238 |
About SoundHound AI
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
In light of the recent options history for SoundHound AI, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of SoundHound AI
- Trading volume stands at 17,953,877, with SOUN's price down by -6.91%, positioned at $14.74.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 31 days.
Expert Opinions on SoundHound AI
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $17.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from HC Wainwright & Co. lowers its rating to Buy with a new price target of $26. * Maintaining their stance, an analyst from Northland Capital Markets continues to hold a Market Perform rating for SoundHound AI, targeting a price of $8.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for SoundHound AI, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
