“The Big 3: GOOGL, EXPE, DRAM”
DRAM has upside potential; speaker buys 65-75 call spread until November expiration based on technicals and sector view.
Okay Scott, and your last one, this ETF has shown great performance since its launch. We are talking about the Roundhill Memory ETF, better known as DRAM. How do you view DRAM now?
Yes, it seems to me to be an alternative or proxy for Micron. And it's settled here, you know, DRAM hasn't moved much since Micron's earnings report came out. However, I quite like its upside potential.
So, I'll give it a little more time. I am going until the expiration in November. And I'm just buying a simple call spread, 65-75 call spread. I'm spending about $2.25 for this.
I think it makes sense from a technical perspective. I also think that, just considering this sector, we can see a lot of upside potential here.