Trading a DRAM straddle lets you take a pure volatility position on Roundhill Memory ETF without committing to a direction. Roundhill Memory ETF's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate DRAM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on DRAM profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Roundhill Memory ETF stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the DRAM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
DRAM seeks to provide investors with targeted exposure to the global semiconductor memory industry. Portfolio construction aims to emphasize market-leading companies with significant market and revenue share in semiconductor memory products and related technologies. Memory products include, high bandwidth memory, dynamic random-access memory (DRAM), NAND flash memory and solid-state drives utilizing NAND technology, NOR flash memory, hard disk drives, and specialty or embedded memory solutions. This focus is to provide targeted, large-cap exposure considered critical to powering the use of AI. To pursue its active investment strategy, the fund may hold stocks or derivatives such as swaps or forwards.
Portfolio weights are based on a modified market capitalization methodology, subject to a 25% cap on any single company, and reflect the advisers assessment of each companys market and revenue share within the memory sector. Rebalancing occurs at least quarterly.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the DRAM straddle is the cleanest expression of that view. Our scanner prices every DRAM straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a DRAM straddle into a catalyst or short a DRAM straddle to harvest decay, the options straddle setups that matter are all in one place.
