Stock Traders Buy Large Volume of Call Options on Roundhill Memory ETF (BATS:DRAM)

Roundhill Memory ETF (BATS:DRAM) was the recipient of some unusual options trading on Thursday. Stock traders purchased 164,875 call options on the stock. This represents an increase of approximately 50% compared to the typical daily volume of 109,794 call options.

Roundhill Memory ETF Price Performance

Shares of DRAM stock traded down $3.28 during trading on Thursday, reaching $66.43. 33,403,451 shares of the company’s stock were exchanged, compared to its average volume of 24,531,891. Roundhill Memory ETF has a twelve month low of $26.14 and a twelve month high of $70.15.

Roundhill Memory ETF (BATS: DRAM) is an exchange-traded fund offered by Roundhill Investments that provides targeted exposure to the memory semiconductor industry. Listed on the Cboe BZX Exchange under the ticker DRAM, the fund is intended to give investors access to companies whose primary business activities are connected to memory chips and related technologies.

The fund focuses on firms operating across the memory semiconductor supply chain, including companies involved in design and development of DRAM and NAND memory, wafer fabrication, packaging and testing, and the manufacture of semiconductor capital equipment and materials.