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$SoundHound AI (SOUN.US)$ if you are a bull and you want to ...

$SoundHound AI(SOUN.US)$ if you are a bull and you want to gamble because that's what it is on the earnings my suggestion is do not buy the common stock my suggestion is by a March 1st $7 or $7.50 call option. because of the weakness in the stock the volatility premium has been reduced significantly because they are out of the money and the time value they expire this Friday is virtually nil they can be bought very inexpensively. every contract for about 50 cents controls 100 shares of stock so 10 contracts $500 is 1,000 shares a thousand shares of common $6,200. if there's any bad news on the earnings the common stocks going down to $4 so you've lost $2,200 your call option $500 is worth zero so your downside is far less on the call option alternatively if it's puppy dogs and rainbows and they knock the cover off the ball and contracts are announced and earnings revisions are upwards and everything is fantastic and this opens up $8 $9 your option is going to go up anywhere from 400% to 1000% depending upon how quickly the stock goes up versus the common where you're going to make 2 to $3,000 best case scenario so that's how I would play the earnings risk the earnings Gamble that's my two cents
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    35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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