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

Roundhill Memory ETF (BATS:DRAM) saw unusually large options trading on Tuesday. Stock investors acquired 235,751 call options on the stock. This is an increase of 22% compared to the typical daily volume of 192,995 call options.

Roundhill Memory ETF Price Performance

BATS DRAM traded up $3.62 during trading on Tuesday, hitting $60.92. 63,349,545 shares of the stock traded hands, compared to its average volume of 38,920,609. The company has a 50-day moving average of $61.81. Roundhill Memory ETF has a 12-month low of $26.14 and a 12-month high of $81.34.

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.