SoundHound AI experienced a significant surge in bullish options activity on May 29, 2026. Trading volumes for options contracts significantly exceeded the daily average.
Traders concentrated heavily on call options, specifically the May 29 weekly contracts at $8.50 and $9.00 strike prices. This activity resulted in a put/call ratio of 0.08. This figure is substantially lower than the historical average.
The market positioning suggests growing confidence in the company's voice AI technology. Investors are currently preparing for potential upside ahead of the next earnings report scheduled for August.