Veritone Surges 51% on AI Data Breakthrough—Is This the Start of a New Bull Run?

Summary
• Veritone (VERI) rockets 51.65% intraday to $8.28, hitting its 52-week high of $9.42.
• New contracts with hyperscalers and updated Q3 revenue guidance drive the rally.
• Options volume surges, with 2284 contracts traded for the 7.5 strike call expiring Nov 21.

Veritone’s explosive move has captivated traders as the AI data refinery company announces strategic wins with hyperscalers. With a 30.5% Q3 revenue growth outlook and a 52-week high reached, the stock’s volatility has spiked, drawing aggressive options activity. The day’s range from $7.47 to $9.42 underscores the frenzy.

Hyperscaler Contracts and AI Data Refinery Drive VERI's Rally
Veritone’s 51.65% surge stems from its announcement of new contracts with hyperscalers and a revised Q3 revenue outlook. The company’s Veritone Data Refinery (VDR) solution is now being deployed across an expanding group of hyperscalers, with CEO Ryan Steelberg stating formalized partnerships with nearly every major hyperscaler by year-end. This positions Veritone to capitalize on the growing demand for structured datasets in AI model training, directly addressing the company’s core value proposition in unstructured data processing.

Options and ETFs to Capitalize on VERI's Volatility
• MACD: 0.416 (bullish divergence), Signal Line: 0.499, Histogram: -0.083 (bearish contraction)
• RSI: 48.6 (neutral), Bollinger Bands: Price at $8.28 (above upper band of $6.12)
• 200D MA: $2.69 (far below current price)

Veritone’s price action suggests a short-term bullish trend, with the 52-week high at $9.42 acting as a critical resistance. The options chain reveals aggressive positioning: the VERI20251121C7.5 call (strike $7.5, expiring Nov 21) and VERI20260220C10 call (strike $10, expiring Feb 20) stand out. Both contracts exhibit high implied volatility (158.17% and 132.05%) and leverage ratios of 4.08% and 4.04%, respectively. Their deltas (0.677 and 0.568) indicate moderate sensitivity to price moves, while high turnover ($532,568 and $681,450) ensures liquidity.

VERI20251121C7.5:
• Code: VERI20251121C7.5
• Type: Call
• Strike: $7.5
• Expiry: 2025-11-21
• IV: 158.17% (extreme volatility)
• Leverage: 4.08% (moderate)
• Delta: 0.677 (high sensitivity)
• Theta: -0.0238 (rapid time decay)
• Gamma: 0.0848 (high sensitivity to price acceleration)
• Turnover: $532,568 (liquid)
• Payoff (5% upside): $1.194 (max(0, 8.694 - 7.5))
• This contract offers high gamma and liquidity, ideal for a short-term rally.

VERI20260220C10:
• Code: VERI20260220C10
• Type: Call
• Strike: $10
• Expiry: 2026-02-20
• IV: 132.05% (high volatility)
• Leverage: 4.04% (moderate)
• Delta: 0.568 (moderate sensitivity)
• Theta: -0.0107 (moderate time decay)
• Gamma: 0.0604 (moderate sensitivity to price acceleration)
• Turnover: $681,450 (liquid)
• Payoff (5% upside): $0 (out of the money)
• This contract balances time decay and liquidity for a mid-term bullish bet.

Hook: Aggressive bulls may consider VERI20251121C7.5 into a breakout above $9.42.

Backtest Veritone Stock Performance
I attempted to locate any sessions since 2022 in which Veritone (VERI) finished the day up ≥ 52 % (close-to-close) and then run the event back-test. The database shows zero such days, so the resulting event list was empty and the event_backtest_engine aborted with an internal error.A “52 % intraday surge” is more likely meant to be “(high − open) / open ≥ 52 %”. To test that properly we need daily OHLC data (open & high) instead of just close prices, and then re-generate the event list.Proposed next steps 1. Pull VERI daily OHLC data (2022-01-01 → 2025-10-15). 2. Flag any day where (high ÷ open − 1) ≥ 0.52. 3. If we find at least one such day, feed those dates into the event_backtest_engine and review the post-event performance statistics. 4. If still no events are found, we can either lower the threshold (e.g. 40 % or 30 %) or explore another trigger definition.Please let me know whether you’d like me to:• proceed with the intraday (high vs open) approach at the same 52 % threshold, • use a different percentage, or • adopt another definition altogether.Once I have your confirmation, I’ll fetch the necessary data and rerun the analysis.

Act Now—VERI's AI Momentum Could Fuel a Breakout
Veritone’s rally is fueled by strategic AI data refinery wins and a bullish technical setup. While the 52-week high at $9.42 remains a critical test, the stock’s momentum and options positioning suggest a continuation of the move. Sector leader Microsoft (MSFT) is up 0.68%, reinforcing the AI software narrative. Investors should monitor the $9.42 level and the Nov 21 options expiry for directional clues. Watch for a breakout above $9.42 or a breakdown below $7.47 to confirm the trend.