Options traders are convinced the "SAAS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to one earnings report Wednesday.

Options traders are convinced the "SAAS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to one earnings report Wednesday.

The rally in software stocks has gone from recovery to raging bull market, and traders are betting there's more to come.

Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.