30-Day Downside Put Protection Falls to Lowest Level in 12 months
XBISPDR Series Trust SPDR S&P Biotech ETF98.74+1.05 (+1.1%)
The cost to protect downside risk fell to 2.4%, the lowest level since Dec 5, 2023 when it was at 2.4%. The 52-Week average is 3.0% and the 52-Week range is 2.4% - 4.1%.
$XBI SPDR Series Trust SPDR S&P Biotech ETF Option Order Flow Sentiment is 66.8% Bearish.
Unusual Option Volume
XBISPDR Series Trust SPDR S&P Biotech ETF96.11+1.81 (+1.9%)
SPDR Series Trust SPDR S&P Biotech ETF trades 56,639 contracts.
$XBI Bullish pressure building up in the options market. On-Balance net option delta is 266 K.
30-Day Downside Put Protection goes to its Highest Mark in 3 months
XBISPDR Series Trust SPDR S&P Biotech ETF91.10-0.73 (-0.8%)
The cost to protect downside risk climbed to 3.3%, the highest level since Aug 8, 2024 when it was at 3.3%. The 52-Week average is 3.0% and the 52-Week range is 2.4% - 4.1%.
30-day Implied Volatility (IV30) Climbs to its Highest Mark in 3 months
XBISPDR Series Trust SPDR S&P Biotech ETF91.88-5.08 (-5.2%)
The IV30 rose to 30.2, the highest level since Aug 7, 2024 when it reached 30.1. Stock Option traders are pricing in an average daily move of ±1.9%. The 52-Week historical volatility is 25.2 with an average daily move of ±1.6%. View Implied Vol