Themes With The Most
Fund Put Options
Main themes
Sub themes
3D Printing & Additive Manufacturing
Agriculture & Food Technology
Artificial Intelligence
Autonomous Driving
Cannabis
Carbon & Pollution Control
Clean Energy
Cloud Computing
Copper & Industrial Metals
Critical Minerals & Rare Earths
Cybersecurity
Data Centers & Digital Infrastructure
Defense Modernization
Digital Assets
Digital Health & Telemedicine
Digital Payments & Fintech
E-Commerce
Electric Vehicles
Electrification & Grid
Energy Efficiency
Future of Education
Genomics & Gene Editing
GLP-1 & Obesity
Gold & Precious Metals
Health & Wellness
Housing & Home Improvement
Immunotherapy & Oncology
Infrastructure & Construction
Internet of Things
Lithium & Battery Materials
Longevity & Aging Population
Luxury & Affluent Consumer
Medical Devices & Diagnostics
Nuclear Energy
Oil & Gas
Online Travel & Experiences
Pet Economy
Quantum Computing
Reshoring & American Manufacturing
Reuse, Repair & Circular Economy
Robotics & Automation
SaaS & Enterprise Software
Semiconductors
Sin Stocks
Small Business Economy
Social Media & Creator Economy
Space Economy
Sports Betting & iGaming
Streaming & Digital Media
Video Games & Esports
Virtual & Augmented Reality
Water
5
10
25
50
100
5
10
25
50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Digital Payments & Fintech
| $2.86B | $24.3B | $21.4B | 1.13 | 148 |
|
| 2 |
Internet of Things
Wearables
| $2.41B | $20.5B | $18.1B | 1.13 | 21 |
|
| 3 |
Infrastructure & Construction
| $2.29B | $4.53B | $2.24B | 2.03 | 127 |
|
| 4 |
E-Commerce
Marketplaces
| $1.86B | $24.5B | $22.6B | 1.08 | 106 |
|
| 5 |
Internet of Things
| $1.54B | $21.6B | $20.1B | 1.08 | 99 |
|
| 6 |
Electrification & Grid
Energy Storage
| $1.08B | $1.89B | $809M | 2.34 | 26 |
|
| 7 |
Autonomous Driving
| $1.04B | $1.93B | $883M | 2.18 | 53 |
|
| 8 |
Electrification & Grid
| $999M | $2.1B | $1.1B | 1.91 | 59 |
|
| 9 |
Immunotherapy & Oncology
| $958M | $9.63B | $8.67B | 1.11 | 388 |
|
| 10 |
E-Commerce
| $744M | $25.7B | $24.9B | 1.03 | 240 |
|
| 11 |
Copper & Industrial Metals
| $645M | $4.45B | $3.8B | 1.17 | 79 |
|
| 12 |
3D Printing & Additive Manufacturing
| $343M | $1.27B | $922M | 1.37 | 20 |
|
| 13 |
Social Media & Creator Economy
| $317M | $12.1B | $11.7B | 1.03 | 45 |
|
| 14 |
Agriculture & Food Technology
| $290M | $1.77B | $1.48B | 1.2 | 79 |
|
| 15 |
Luxury & Affluent Consumer
| $284M | $1.06B | $779M | 1.36 | 40 |
|
| 16 |
Electric Vehicles
| $203M | $4.45B | $4.25B | 1.05 | 124 |
|
| 17 |
Streaming & Digital Media
| $181M | $14.2B | $14B | 1.01 | 120 |
|
| 18 |
Artificial Intelligence
Chinese AI
| $163M | $644M | $481M | 1.34 | 14 |
|
| 19 |
Sin Stocks
Tobacco & Nicotine
| $140M | $1.21B | $1.07B | 1.13 | 13 |
|
| 20 |
Robotics & Automation
Warehouse & Logistics Robotics
| $120M | $406M | $286M | 1.42 | 3 |
|
| 21 |
Agriculture & Food Technology
Precision Agriculture
| $96.7M | $466M | $369M | 1.26 | 4 |
|
| 22 |
Semiconductors
Photonics & Optical Interconnect
| $71.7M | $260M | $188M | 1.38 | 20 |
|
| 23 |
Data Centers & Digital Infrastructure
Liquid Cooling
| $53.9M | $95.9M | $41.9M | 2.29 | 9 |
|
| 24 |
Housing & Home Improvement
Homebuilders
| $50.8M | $880M | $829M | 1.06 | 45 |
|
| 25 |
Artificial Intelligence
Agentic AI
| $42.1M | $464M | $421M | 1.1 | 13 |
|
| 26 |
Quantum Computing
| $38.8M | $1.97B | $1.93B | 1.02 | 19 |
|
| 27 |
Lithium & Battery Materials
| $36.2M | $71.2M | $35M | 2.03 | 47 |
|
| 28 |
Online Travel & Experiences
| $33.9M | $2.59B | $2.56B | 1.01 | 32 |
|
| 29 |
Space Economy
| $33.6M | $483M | $449M | 1.07 | 64 |
|
| 30 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $26.2M | $712M | $686M | 1.04 | 26 |
|
| 31 |
Future of Education
| $25M | $156M | $131M | 1.19 | 77 |
|
| 32 |
Oil & Gas
LNG
| $18.8M | $1.4B | $1.38B | 1.01 | 32 |
|
| 33 |
Artificial Intelligence
AI Software & Applications
| $12.7M | $95.4M | $82.7M | 1.15 | 85 |
|
| 34 |
Agriculture & Food Technology
Plant-Based Foods
| $11.7M | $227M | $215M | 1.05 | 17 |
|
| 35 |
Digital Payments & Fintech
Neobanks
| $5.12M | $12.3M | $7.21M | 1.71 | 25 |
|
| 36 |
Cloud Computing
Edge Computing
| $4.71M | $113M | $108M | 1.04 | 11 |
|
| 37 |
Sin Stocks
Casinos
| $4.47M | $1.61B | $1.6B | 1 | 24 |
|
| 38 |
Space Economy
Launch Services
| $2.26M | $6.1M | $3.85M | 1.59 | 5 |
|
| 39 |
Virtual & Augmented Reality
| $203K | $2.22M | $2.02M | 1.1 | 20 |
|
| 40 |
Cybersecurity
Identity Security
| $92K | $872K | $780K | 1.12 | 15 |
|
| 41 |
Clean Energy
Wind
| -$48K | $4K | $52K | 0.08 | 9 |
|
| 42 |
Water
Sanitation
| -$1.19M | $2.01M | $3.2M | 0.63 | 8 |
|
| 43 |
Sin Stocks
Firearms
| -$1.42M | $54.7M | $56.1M | 0.97 | 12 |
|
| 44 |
Infrastructure & Construction
Green Building
| -$1.44M | $3.17M | $4.6M | 0.69 | 5 |
|
| 45 |
Space Economy
Satellite Communications
| -$1.51M | $8.89M | $10.4M | 0.85 | 16 |
|
| 46 |
Digital Payments & Fintech
Buy Now Pay Later
| -$4.1M | $2.02M | $6.11M | 0.33 | 13 |
|
| 47 |
Cannabis
| -$4.1M | $3.23M | $7.33M | 0.44 | 52 |
|
| 48 |
Cybersecurity
Agentic AI Security
| -$4.79M | $28.3M | $33.1M | 0.86 | 2 |
|
| 49 |
Electrification & Grid
Transmission Buildout
| -$4.81M | $22.2M | $27M | 0.82 | 6 |
|
| 50 |
Clean Energy
Hydrogen & Fuel Cells
| -$10.4M | $91.5M | $102M | 0.9 | 13 |
|
| 51 |
Semiconductors
Semicap & Lithography
| -$15.9M | $355M | $371M | 0.96 | 21 |
|
| 52 |
Semiconductors
Advanced Packaging
| -$23.1M | $24.5M | $47.6M | 0.51 | 10 |
|
| 53 |
Reshoring & American Manufacturing
| -$26M | $145M | $171M | 0.85 | 20 |
|
| 54 |
Sports Betting & iGaming
| -$26.9M | $47.7M | $74.5M | 0.64 | 29 |
|
| 55 |
Genomics & Gene Editing
Gene Therapy
| -$34.6M | $267M | $302M | 0.89 | 131 |
|
| 56 |
Clean Energy
Solar
| -$34.8M | $321M | $356M | 0.9 | 54 |
|
| 57 |
Critical Minerals & Rare Earths
| -$35.6M | $12.4M | $48M | 0.26 | 60 |
|
| 58 |
Nuclear Energy
Uranium Mining & Enrichment
| -$40.5M | $51.4M | $91.9M | 0.56 | 20 |
|
| 59 |
Nuclear Energy
Small Modular Reactors
| -$41.6M | $50M | $91.6M | 0.55 | 12 |
|
| 60 |
Internet of Things
Smart Home
| -$45M | $47M | $92M | 0.51 | 17 |
|
| 61 |
Health & Wellness
| -$55.1M | $786M | $841M | 0.93 | 78 |
|
| 62 |
Defense Modernization
Drones & Counter-Drone
| -$66.4M | $87M | $153M | 0.57 | 30 |
|
| 63 |
Electric Vehicles
EV Charging Infrastructure
| -$79.8M | $560M | $640M | 0.88 | 21 |
|
| 64 |
Data Centers & Digital Infrastructure
Power for AI
| -$81.7M | $150M | $231M | 0.65 | 22 |
|
| 65 |
Electrification & Grid
Grid Equipment
| -$88.3M | $153M | $241M | 0.63 | 10 |
|
| 66 |
Water
Water Infrastructure
| -$90M | $163M | $253M | 0.64 | 17 |
|
| 67 |
Longevity & Aging Population
| -$93.5M | $362M | $456M | 0.79 | 60 |
|
| 68 |
Oil & Gas
Oilfield Services
| -$105M | $3.43B | $3.54B | 0.97 | 88 |
|
| 69 |
Digital Health & Telemedicine
| -$121M | $586M | $707M | 0.83 | 84 |
|
| 70 |
Genomics & Gene Editing
| -$147M | $1.27B | $1.42B | 0.9 | 199 |
|
| 71 |
Defense Modernization
Munitions Restocking
| -$156M | $482M | $638M | 0.76 | 11 |
|
| 72 |
Small Business Economy
| -$156M | $380M | $536M | 0.71 | 58 |
|
| 73 |
Sin Stocks
| -$158M | $3.66B | $3.82B | 0.96 | 78 |
|
| 74 |
Semiconductors
Analog & Power Semis
| -$163M | $678M | $842M | 0.81 | 27 |
|
| 75 |
Energy Efficiency
| -$169M | $821M | $991M | 0.83 | 31 |
|
| 76 |
Nuclear Energy
| -$184M | $443M | $627M | 0.71 | 61 |
|
| 77 |
GLP-1 & Obesity
| -$188M | $5.29B | $5.48B | 0.97 | 92 |
|
| 78 |
Pet Economy
| -$200M | $2.54B | $2.74B | 0.93 | 34 |
|
| 79 |
Robotics & Automation
Industrial Automation
| -$212M | $625M | $838M | 0.75 | 16 |
|
| 80 |
Streaming & Digital Media
News Media
| -$213M | $141M | $354M | 0.4 | 26 |
|
| 81 |
Robotics & Automation
| -$219M | $778M | $997M | 0.78 | 83 |
|
| 82 |
Reuse, Repair & Circular Economy
| -$244M | $1.05B | $1.3B | 0.81 | 68 |
|
| 83 |
Digital Assets
Corporate Crypto Treasuries
| -$265M | $239M | $504M | 0.47 | 63 |
|
| 84 |
Cybersecurity
| -$265M | $2.42B | $2.68B | 0.9 | 85 |
|
| 85 |
Digital Assets
| -$265M | $239M | $504M | 0.47 | 160 |
|
| 86 |
Sin Stocks
Alcohol
| -$280M | $771M | $1.05B | 0.73 | 24 |
|
| 87 |
Defense Modernization
Military Shipbuilding
| -$357M | $153M | $511M | 0.3 | 6 |
|
| 88 |
Housing & Home Improvement
Home & Garden Retail
| -$363M | $1.61B | $1.97B | 0.82 | 30 |
|
| 89 |
Gold & Precious Metals
| -$376M | $3.74B | $4.12B | 0.91 | 133 |
|
| 90 |
Gold & Precious Metals
Gold & Silver Miners
| -$376M | $3.74B | $4.12B | 0.91 | 124 |
|
| 91 |
Carbon & Pollution Control
| -$484M | $1.08B | $1.56B | 0.69 | 23 |
|
| 92 |
Defense Modernization
Defense Tech & C4ISR
| -$497M | $639M | $1.14B | 0.56 | 53 |
|
| 93 |
Clean Energy
| -$542M | $1.54B | $2.08B | 0.74 | 134 |
|
| 94 |
Artificial Intelligence
AI Memory & HBM
| -$548M | $470M | $1.02B | 0.46 | 12 |
|
| 95 |
Housing & Home Improvement
| -$591M | $3.45B | $4.05B | 0.85 | 223 |
|
| 96 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$717M | $510M | $1.23B | 0.42 | 19 |
|
| 97 |
Artificial Intelligence
AI Inference Silicon
| -$760M | $971M | $1.73B | 0.56 | 7 |
|
| 98 |
Data Centers & Digital Infrastructure
| -$766M | $776M | $1.54B | 0.5 | 78 |
|
| 99 |
Cloud Computing
| -$799M | $16.3B | $17B | 0.95 | 64 |
|
| 100 |
Video Games & Esports
| -$849M | $3.02B | $3.87B | 0.78 | 55 |
|
| 101 |
Medical Devices & Diagnostics
| -$930M | $5.3B | $6.23B | 0.85 | 342 |
|
| 102 |
Water
| -$947M | $618M | $1.56B | 0.39 | 67 |
|
| 103 |
Artificial Intelligence
| -$947M | $17.9B | $18.8B | 0.95 | 264 |
|
| 104 |
SaaS & Enterprise Software
| -$1.14B | $6.88B | $8.02B | 0.86 | 266 |
|
| 105 |
Defense Modernization
| -$1.32B | $3.88B | $5.2B | 0.75 | 163 |
|
| 106 |
Semiconductors
| -$1.57B | $6.7B | $8.26B | 0.81 | 178 |
|
| 107 |
Oil & Gas
| -$4.38B | $18.1B | $22.5B | 0.81 | 361 |
|
| 108 |
Digital Assets
Bitcoin Miners
| – | – | – | – | 40 |
|