SPDR S&P Biotech ETF ( NYSEARCA:XBI – Get Rating ) was the target of some unusual options trading activity on Wednesday. Stock investors acquired 63,656 call options on the stock. This represents an increase of 30% compared to the average volume of 49,071 call options. SPDR S&P Biotech ETF Trading Up 5.0 % XBI stock traded up $3.95 during trading on Wednesday, hitting $83.68. 11,520,992 shares of the stock traded hands, compared to its average volume of 9,078,779. SPDR S&P Biotech ETF has a one year low of $61.

https://www.dailypolitical.com/2023/05/03/investors-buy-large-volume-of-spdr-sp-biotech-etf-call-options-nysearcaxbi.html

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