$IBRX, a biotechnology stock, has experienced significant volatility and a surge in trading activity on October 25, 2024. The stock price rose from $3.52 to a high of $6.07, marking an increase of approximately 72%. Notably, the stock crossed the $7 mark during the trading day, indicating strong bullish sentiment among investors. The stock's short interest stands at 32%, suggesting that a substantial portion of the float is being held in short positions. Additionally, there were notable options trades, including a $747,000 call sweep covering earnings and a purchase of 5,000 November $7 calls at $0.70. Overall, $IBRX is currently up 45% for the day, reflecting heightened interest in the biotech sector.