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Shares of SPDR S&P Retail (ETF) (NYSE:XRT) saw some unusual options trading activity on Wednesday. Investors bought 51,842 put options on the stock, American Banking News reports. This is an increase of 430% compared to the average volume of 9,775 put options.

Shares of SPDR S&P Retail (NYSE:XRT) traded up 0.72% on Wednesday, hitting $87.68. The stock had a trading volume of 1,397,567 shares. SPDR S&P Retail has a 52-week low of $76.80 and a 52-week high of $88.95. The stock’s 50-day moving average is $85.38 and its 200-day moving average is $84.28.

SPDR S&P Retail ETF (NYSE:XRT) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index).

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