Traders bought about 5,300 calls in the State Street Health Care Select Sector SPDR ETF (XLV) on Thursday, compared to just over 1,000 puts, according to data from ThinkOrSwim.

Dow Surges While Broadcom Drags Tech Stocks Lower

Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks

Traders bought about 5,300 calls in the State Street Health Care Select Sector SPDR ETF (XLV) on Thursday, compared to just over 1,000 puts, according to data from ThinkOrSwim.

The Dow jumped 875 points to a record 51,561.93 as investors rotated from tech into healthcare and financials after Broadcom's weak guidance hammered chip