Roundhill Memory ETF Target of Unusually Large Options Trading (BATS:DRAM)

Roundhill Memory ETF (BATS:DRAM) saw some unusual options trading on Thursday. Traders acquired 164,875 call options on the company. This is an increase of approximately 50% compared to the typical daily volume of 109,794 call options.

Roundhill Memory ETF Trading Down 4.7%

Shares of DRAM traded down $3.28 on Thursday, hitting $66.43. The company’s stock had a trading volume of 33,403,451 shares, compared to its average volume of 24,531,891. Roundhill Memory ETF has a fifty-two week low of $26.14 and a fifty-two week 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.