Is the market finally out of the woods, or is this just a massive relief rally? On this episode of The Option Block, Host Mark Longo is joined by "Uncle Mike" Tosaw of St. Charles Wealth Management for "Uncle Mike Spotlight Week." The panel breaks down a market that seems determined to buy every dip following the de-escalation of hostilities in the Persian Gulf.

In this episode, we dive into:

• The Trading Block: The S&P 500 eyes the 6,845 level as it nears positive territory for the year. We analyze the "truth" found in the charts versus the news cycle and look at the VIX as it exhales toward the 20 handle.

• The Odd Block: A deep dive into unusual activity in Photronics (PLAB) with June 55 calls, a massive swing for the fences in Satellogic (SATL) April 9 calls, and a post-mortem on the heavy volume in Terawulf (WULF).

• Big Tech Breakdown: Momentum shifts in Amazon (AMZN) and Meta, a surge in Intel (INTC), and why Palantir (PLTR) is seeing red despite the broader market green.

• Mail Call: We review the "Question of the Week" regarding the long-term market impact of Middle East conflict and settle the debate: Microsoft (MSFT) vs. Micron (MU).

• Around the Block: What to watch for as we approach the weekend, including WD-40 (WDFC) earnings and the critical technical resistance levels for the major indices.