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

Roundhill Memory ETF (BATS:DRAM) was the target of some unusual options trading activity on Monday. Stock traders bought 78,630 call options on the stock. This is an increase of approximately 317% compared to the average daily volume of 18,865 call options.

Roundhill Memory ETF Stock Up 4.8%

Shares of BATS:DRAM traded up $1.93 during trading on Monday, reaching $42.34. The company’s stock had a trading volume of 20,956,626 shares, compared to its average volume of 9,269,750. Roundhill Memory ETF has a 12 month low of $26.14 and a 12 month high of $43.43.

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.