Where it reads “all options report”, probably for the benefit of the economy of language, it should preferably read “all sentencing options report” with the meaning of a pre-sentence report in which the judging bench leaves all possible sentencing options open “to allow the court to pass any sentence” that is permitted by law (see please reference below). Then, at a later point, probably a second Bench, not necessarily the first one, will be passing sentence once the case is “ripe” for adjudication.

In other words, an “all options report” equals to a “pre-sentence report”. This is the way I interpret it.

https://assets.publishing.service.gov.uk/government/uploads/...
Interests of Justice Guidance on the Consideration of Defence
Representation Order Applications
(…)
All options’ and custody band reports
39. The request for an all options report is good sentencing practice and in line with the Senior Presiding Judge’s guidance to allow a two-stage sentencing approach. The Bench who request a pre-sentence report will probably not be the same who pass sentence as the case will be adjourned to a later date pending the preparation and delivery of the report. To leave all sentencing options open is to allow the court to pass any sentence the law allows. All options reports and custody band reports are the same. The probation service will look at all sentencing options, from discharge to custody.