The options market is suggesting today's rally may be overdone with the SIBO saying they're seeing mostly profit taking with investors selling out of existing bullish positions. So what is that telling us about whether this rally can last. Let's bring in Mandy Shu SIBO's global markets head of derivatives market intelligence.Good to see you. >> Good to be here. >> Um so tell us about this setup before we got this rally, what people were doing, what it indicates about whether it was, you know, short covering ...

Group 1 - Oracle (ORCL) shares increased by $3.09, or 2.07%, reaching approximately $152.10 [1] - Options trading volume was relatively light with 74,000 contracts traded, and calls outnumbered puts, resulting in a put/call ratio of 0.45, significantly lower than the typical level of 1.27 [1] - Implied volatility (IV30) decreased by 1.45 to around 71.13, which is in the highest 10% of observations over the past year, indicating an expected daily price movement of $6.82 [1] Group 2 - The put-call skew has steepened, reflecting increased demand for downside protection [1] - Oracle is scheduled to report earnings after the market closes on March 10, 2026 [1] - The options market is pricing in a 50% probability of a price movement greater than 10.71%, equating to $16.30 [1]

Core Viewpoint - Eos Energy Enterprises, Inc. (EOSE) is experiencing moderately bullish activity, with shares currently priced at approximately $11.59, reflecting a decline of $0.63. Group 1: Stock Performance - EOSE shares are down $0.63, trading near $11.59 [1] - Options volume is significantly above average, with 73,000 contracts traded [1] Group 2: Options Market Insights - Calls are leading puts, resulting in a put/call ratio of 0.12, compared to a typical level of 0.26 [1] - Implied volatility (IV30) has increased by 5.2 points, reaching approximately 140.25, which is in the highest 10% of observations over the past year [1] - The expected daily price movement is estimated at $1.02 based on current implied volatility [1] Group 3: Earnings Outlook - Eos Energy Enterprises, Inc. is scheduled to report earnings after the market closes on an unspecified date [1] - The options market is pricing in a 50% probability of a price movement greater than 0.0% or $0.00 [1]

Core Viewpoint - Arm Holdings PLC (ARM) shows moderately bullish activity with shares increasing by $1.94, or 1.84%, reaching approximately $107.30 [1] Options Activity - Options volume is relatively light with 15,000 contracts traded, and calls leading puts, resulting in a put/call ratio of 0.22, significantly lower than the typical level of 1.61 [1] - Implied volatility (IV30) has increased by 0.4 points to around 61.46, which is above the 52-week median, indicating an expected daily price movement of $4.15 [1] - The put-call skew has steepened, reflecting heightened demand for downside protection [1] Earnings Outlook - Arm Holdings PLC (ARM) is scheduled to report earnings after the market closes on February 4, 2026 [1] - The options market is pricing in a 50% probability of a price movement exceeding 9.71%, equating to $10.42 [1]