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$DRAM sits 25% off its high, and its $53.50 put pays 3.1% in 36 days

$DRAM's Oct 30 $53.50 put pays $1.655 mid (31.36% annualized) with a 14.29% cushion, but $MU's Sept 30 report lands inside the window.

YieldCove Desk

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DRAMMU
SK hynix DDR5 memory modules in several form factors on display at Computex 2025
Photo: 4300streetcar / Wikimedia Commons, CC BY 4.0

$DRAM is the Roundhill Memory ETF, a basket of the companies that make memory chips. Micron ($MU), Samsung and SK hynix are about three quarters of it. Memory is the part of the AI boom with a real shortage, so these stocks swing hard.

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