SoundHound AI Inc. (SOUN)
NASDAQ: SOUN
· Real-Time Price · USD
12.23
-0.21 (-1.69%)
At close: Aug 21, 2025, 3:59 PM
12.14
-0.74%
After-hours: Aug 21, 2025, 07:59 PM EDT
SOUN Delta Exposure By Expiry
The total Delta Exposure (DEX) for SOUN across all expirations shows 1,622,505.78 net shares that market makers must hedge, with 2,367,149.45 from calls and 744,643.67 from puts. The put-call delta ratio of 0.31 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 806,158.7 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 29, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
SOUN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 75,477.03 | -96,233.58 | -20,756.55 | 1.28 |
| Sep 5, 25 | 43,084.92 | -39,725.58 | 3,359.34 | 0.92 |
| Sep 12, 25 | 22,146.56 | -26,002.08 | -3,855.52 | 1.17 |
| Sep 19, 25 | 350,292.31 | -226,232 | 124,060.31 | 0.65 |
| Sep 26, 25 | 20,547.97 | -12,299.08 | 8,248.89 | 0.60 |
| Oct 17, 25 | 310,749.46 | -88,274.19 | 222,475.27 | 0.28 |
| Jan 16, 26 | 1,013,403.88 | -207,245.18 | 806,158.7 | 0.20 |
| Apr 17, 26 | 23,084.67 | -3,502.71 | 19,581.96 | 0.15 |
| Jan 15, 27 | 508,362.65 | -45,129.27 | 463,233.38 | 0.09 |