Roundhill Memory ETF (DRAM)Technology | Exchange Traded Fund | Cboe US
57.30 USD
-5.74
(-9.105%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 55.90 -1.40 (-1.400%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:21 a.m. EDT
The memory sector is currently under severe stress, and the Roundhill Memory ETF is reflecting a brutal correction. While the underlying thesis of an AI memory bottleneck remains intact, the market is pricing in a peak in demand or a supply glut that could crush valuations. The price action over the last two weeks is chaotic, swinging wildly between $60 and $80, which aligns perfectly with the options data showing a massive fear premium for downside moves. Traders are buying deep out-of-the-money puts to protect against a crash below $60, while the ETF's lack of dividends offers no cushion during this storm. The statistical forecast model is too weak to provide guidance here, so the decision rests on whether you believe the AI narrative can survive a 30-40% drawdown. Currently, the risk-reward leans bearish due to the crowded trade and the sheer magnitude of the recent decline. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.097187 |
| AutoTheta | 0.220779 |
| MSTL | 0.418339 |
| AutoETS | 0.428538 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 0.73 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.051 |
| Excess Kurtosis | 0.92 |
| Attribute | Value |
|---|---|
| Trailing P/E | 25.80 |
As of July 11, 2026, 6:21 a.m. EDT: Speculators are aggressively positioning for a downside event in the near term. For the July 10 expiration, put volume significantly exceeds open interest at key strikes like $60 and $62, while call volume is concentrated at higher strikes ($65-$70) with heavy open interest walls, suggesting a 'bear put spread' or hedging strategy rather than pure bullish speculation. The implied volatility for deep out-of-the-money puts is massively inflated compared to calls, indicating a fear of a sharp drop below $60. By August and September, the skew remains heavily weighted toward downside protection, with massive open interest at strikes like $30-$40, confirming a persistent expectation of significant volatility and potential losses.
| Attribute | Value |
|---|---|
| All Time High | 81.34 |
| All Time Low | 26.14 |
| Ask | 0.0 |
| Ask Size | 12,900 |
| Average Daily Volume10 Day | 66,137,410 |
| Average Daily Volume3 Month | 41,029,342 |
| Average Volume | 41,029,342 |
| Average Volume10Days | 66,137,410 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 1,900 |
| Category | Technology |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 58.51 |
| Day Low | 56.31 |
| Eps Trailing Twelve Months | 2.2206695 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 60.071 |
| Fifty Day Average Change | -2.771 |
| Fifty Day Average Change Percent | -0.046128746 |
| Fifty Two Week Change Percent | 127.08933 |
| Fifty Two Week High | 81.34 |
| Fifty Two Week High Change | -24.039997 |
| Fifty Two Week High Change Percent | -0.2955495 |
| Fifty Two Week Low | 26.14 |
| Fifty Two Week Low Change | 31.16 |
| Fifty Two Week Low Change Percent | 1.1920428 |
| Fifty Two Week Range | 26.14 - 81.34 |
| First Trade Date Milliseconds | 1,775,136,600,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,775,001,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will generally seek to invest primarily in the equity securities of “Memory Companies,” but may also seek exposure to Memory Companies through derivative instruments, such as swap agreements and forward contracts. Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities or instruments (i.e., swap agreements or forward contracts) that provide exposure to Memory Companies. The fund is non-diversified. |
| Long Name | Roundhill Memory ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1985020478 |
| Nav Price | 62.4037 |
| Net Assets | 25,910,761,500.0 |
| Net Expense Ratio | 0.65 |
| Open | 57.495 |
| Post Market Change | -1.3999977 |
| Post Market Change Percent | -2.4432771 |
| Post Market Price | 55.9 |
| Post Market Time | 1,783,987,199 |
| Previous Close | 63.04 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -5.74 |
| Regular Market Change Percent | -9.10533 |
| Regular Market Day High | 58.51 |
| Regular Market Day Low | 56.31 |
| Regular Market Day Range | 56.31 - 58.51 |
| Regular Market Open | 57.495 |
| Regular Market Previous Close | 63.04 |
| Regular Market Price | 57.3 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 77,909,187 |
| Short Name | Roundhill Memory ETF |
| Source Interval | 15 |
| Symbol | DRAM |
| Total Assets | 25,910,761,472 |
| Tradeable | 0 |
| Trailing P E | 25.803028 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 53.20838 |
| Two Hundred Day Average Change | 4.0916176 |
| Two Hundred Day Average Change Percent | 0.076897986 |
| Type Disp | ETF |
| Volume | 77,909,187 |