Earnings are back in focus on Thursday, with a Benzinga-selected watchlist that runs from department-store retail to enterprise software — and options traders are already sketching out the size of the post-print swing, according to Benzinga Pro.

The marquee name on this list is Oracle, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.

4. Macy’s | Mkt Cap: $5.9B | Implied Move: 7.04%

Macy’s Inc. (NYSE:M) reports second quarter of 2026 results before the opening bell. Wall Street is looking for 35 cents in earnings per share on $4.77 billion in revenue, compared with 41 cents on $4.81 billion a year ago.

Benzinga Pro data show the options market is implying a 7.04% move, with $417 million of market value at stake. For a retailer with a relatively modest market cap, that’s still a meaningful one-day range being priced around the report.