Technology Large Cap Tech Reference Data Updated 2026-05-31

SOUN Gamma Exposure, IV Rank & Implied Volatility

SoundHound AI Inc. (SOUN) options data — GEX, IV rank, options chain & Greeks

SOUN options trade with implied volatility typically in the 55% - 140% range, averaging N/A in daily volume with moderate liquidity. Next earnings: See earnings calendar.

IV Rank 61.9 /100
IV 44.5%
Simulated data for display · open live SOUN on the platform →

An IV rank near 61.9 (the value shown here is illustrative) would mean implied volatility is in roughly the 61.9th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live SOUN IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 32.09%70.86%

Chart shows simulated data for display purposes. View the real SOUN IV history on the live platform →

Comprehensive options market data for SoundHound AI Inc.

SOUN Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 55% - 140%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Moderate
IV Range
55% - 140%
Market Cap
$5B+
Weeklies
No

1 About SoundHound AI Inc. (SOUN)

SoundHound AI develops conversational AI and voice recognition technology for automotive, restaurant, and enterprise applications, enabling natural language interactions.

Company Profile

Sector Technology
Industry Software - Application
Market Cap $5B+
Exchange NASDAQ

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

SoundHound AI Inc. operates in the Technology sector.

2 SOUN Options Market Overview

SOUN options provide moderate liquidity for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Not Available
LEAPS Available Yes

Liquidity Assessment: Moderate

SOUN options are available for trading across multiple expirations.

3 SOUN Implied Volatility & IV Rank

SOUN implied volatility reflects growth expectations and competitive dynamics in the technology sector. IV expands around earnings and product announcements.

Low IV Environment
55% - 76%
Below average volatility
Typical IV Range
76% - 118%
Normal conditions
Elevated IV
118% - 140%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

The post-earnings volatility drop is known as IV crush. Holders of short SOUN options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

SOUN IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View SOUN Volatility Lab

SOUN Gamma Exposure (GEX)

Gamma Exposure analysis for SOUN reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: SOUN tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live SOUN GEX

4 Common SOUN Options Strategies

These are strategies commonly used by traders on SOUN options, based on typical market characteristics. This is not investment advice.

Popular for SOUN shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on SOUN.

Range-bound strategy for SOUN between events.

Key Considerations for SOUN Options

  • SOUN options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

Frequently Asked Questions: SOUN Options

What is SOUN's typical implied volatility?

SOUN implied volatility typically ranges from 55% - 140%.

Does SOUN have weekly options?

SOUN may have limited weekly options.

What is SOUN's options trading profile?

SOUN (SoundHound AI Inc.) options trade with moderate liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 55% - 140% range. The position sits in the Technology category for portfolio diversification and options strategy design.

How does SOUN implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on SOUN?

Popular strategies on SOUN options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 55% - 140% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is SOUN's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence SOUN's intraday price action. SOUN tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live SOUN GEX levels and the gamma-flip point on ApexVol.

What is SOUN's IV rank?

SOUN's IV rank shows where SOUN's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. SOUN implied volatility typically ranges from 55% - 140%. Check SOUN's live IV rank and percentile on ApexVol's IV analytics.

AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-05-31. How we research →

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