Themes With The Most
Fund Call 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 calls | Calls | Puts |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Oil & Gas
| $6.78B | $24.5B | $17.7B | 0.72 | 361 |
|
| 2 |
Artificial Intelligence
| $3.74B | $27.7B | $24B | 0.87 | 264 |
|
| 3 |
E-Commerce
| $2.89B | $33.3B | $30.4B | 0.91 | 240 |
|
| 4 |
Semiconductors
| $2.55B | $10.6B | $8.03B | 0.76 | 178 |
|
| 5 |
SaaS & Enterprise Software
| $1.88B | $10.3B | $8.47B | 0.82 | 266 |
|
| 6 |
Cloud Computing
| $1.76B | $19.2B | $17.5B | 0.91 | 64 |
|
| 7 |
Video Games & Esports
| $1.37B | $5.33B | $3.96B | 0.74 | 55 |
|
| 8 |
Artificial Intelligence
AI Inference Silicon
| $1.37B | $2.6B | $1.23B | 0.47 | 7 |
|
| 9 |
Oil & Gas
Oilfield Services
| $1.29B | $4.62B | $3.33B | 0.72 | 88 |
|
| 10 |
Social Media & Creator Economy
| $1.2B | $17.4B | $16.2B | 0.93 | 45 |
|
| 11 |
Water
| $1.18B | $1.83B | $651M | 0.36 | 67 |
|
| 12 |
Medical Devices & Diagnostics
| $1.07B | $6.77B | $5.71B | 0.84 | 342 |
|
| 13 |
Artificial Intelligence
AI Memory & HBM
| $1.01B | $2.02B | $1.01B | 0.5 | 12 |
|
| 14 |
Clean Energy
| $852M | $2.71B | $1.86B | 0.69 | 134 |
|
| 15 |
Internet of Things
| $839M | $27B | $26.1B | 0.97 | 99 |
|
| 16 |
Carbon & Pollution Control
| $804M | $1.78B | $975M | 0.55 | 23 |
|
| 17 |
Online Travel & Experiences
| $799M | $4.97B | $4.17B | 0.84 | 32 |
|
| 18 |
Streaming & Digital Media
| $382M | $16.8B | $16.4B | 0.98 | 120 |
|
| 19 |
Defense Modernization
| $328M | $5.22B | $4.89B | 0.94 | 163 |
|
| 20 |
Defense Modernization
Military Shipbuilding
| $320M | $511M | $191M | 0.37 | 6 |
|
| 21 |
Gold & Precious Metals
Gold & Silver Miners
| $306M | $4.72B | $4.42B | 0.94 | 124 |
|
| 22 |
Gold & Precious Metals
| $305M | $4.72B | $4.42B | 0.94 | 133 |
|
| 23 |
Small Business Economy
| $279M | $700M | $421M | 0.6 | 58 |
|
| 24 |
Defense Modernization
Defense Tech & C4ISR
| $236M | $1.31B | $1.07B | 0.82 | 53 |
|
| 25 |
Robotics & Automation
Industrial Automation
| $221M | $837M | $617M | 0.74 | 16 |
|
| 26 |
Oil & Gas
LNG
| $211M | $1.71B | $1.5B | 0.88 | 32 |
|
| 27 |
Robotics & Automation
| $209M | $1.03B | $818M | 0.8 | 83 |
|
| 28 |
Electric Vehicles
EV Charging Infrastructure
| $205M | $731M | $525M | 0.72 | 21 |
|
| 29 |
Nuclear Energy
| $187M | $685M | $498M | 0.73 | 61 |
|
| 30 |
Pet Economy
| $187M | $1.94B | $1.76B | 0.9 | 34 |
|
| 31 |
Energy Efficiency
| $179M | $958M | $779M | 0.81 | 31 |
|
| 32 |
Clean Energy
Solar
| $175M | $570M | $395M | 0.69 | 54 |
|
| 33 |
Clean Energy
Hydrogen & Fuel Cells
| $159M | $269M | $110M | 0.41 | 13 |
|
| 34 |
Digital Health & Telemedicine
| $158M | $824M | $666M | 0.81 | 84 |
|
| 35 |
Longevity & Aging Population
| $152M | $463M | $311M | 0.67 | 60 |
|
| 36 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $139M | $627M | $488M | 0.78 | 19 |
|
| 37 |
Electric Vehicles
| $136M | $6.47B | $6.34B | 0.98 | 124 |
|
| 38 |
Semiconductors
Semicap & Lithography
| $128M | $509M | $381M | 0.75 | 21 |
|
| 39 |
Digital Assets
Corporate Crypto Treasuries
| $123M | $425M | $303M | 0.71 | 63 |
|
| 40 |
Digital Assets
| $121M | $425M | $305M | 0.72 | 160 |
|
| 41 |
Data Centers & Digital Infrastructure
| $111M | $911M | $801M | 0.88 | 78 |
|
| 42 |
Semiconductors
Analog & Power Semis
| $105M | $855M | $750M | 0.88 | 27 |
|
| 43 |
Copper & Industrial Metals
| $87.9M | $5.02B | $4.93B | 0.98 | 79 |
|
| 44 |
Streaming & Digital Media
News Media
| $86.9M | $330M | $243M | 0.74 | 26 |
|
| 45 |
Cloud Computing
Edge Computing
| $81.5M | $231M | $150M | 0.65 | 11 |
|
| 46 |
Agriculture & Food Technology
Plant-Based Foods
| $80.5M | $395M | $315M | 0.8 | 17 |
|
| 47 |
Genomics & Gene Editing
Gene Therapy
| $55.9M | $416M | $360M | 0.87 | 131 |
|
| 48 |
Critical Minerals & Rare Earths
| $24.7M | $33.9M | $9.15M | 0.27 | 60 |
|
| 49 |
Internet of Things
Smart Home
| $23.8M | $70.9M | $47.1M | 0.66 | 17 |
|
| 50 |
Artificial Intelligence
AI Software & Applications
| $17.8M | $96M | $78.3M | 0.82 | 85 |
|
| 51 |
Electrification & Grid
Grid Equipment
| $16.7M | $231M | $215M | 0.93 | 10 |
|
| 52 |
Semiconductors
Advanced Packaging
| $13.1M | $67.6M | $54.5M | 0.81 | 10 |
|
| 53 |
Semiconductors
Photonics & Optical Interconnect
| $12.8M | $385M | $372M | 0.97 | 20 |
|
| 54 |
Sin Stocks
Alcohol
| $9.9M | $548M | $538M | 0.98 | 24 |
|
| 55 |
Virtual & Augmented Reality
| $6.22M | $21.4M | $15.1M | 0.71 | 20 |
|
| 56 |
Nuclear Energy
Uranium Mining & Enrichment
| $5.33M | $61M | $55.7M | 0.91 | 20 |
|
| 57 |
Data Centers & Digital Infrastructure
Power for AI
| $5.28M | $220M | $215M | 0.98 | 22 |
|
| 58 |
Nuclear Energy
Small Modular Reactors
| $5.01M | $56.7M | $51.7M | 0.91 | 12 |
|
| 59 |
Cannabis
| $3.18M | $6.08M | $2.9M | 0.48 | 52 |
|
| 60 |
Electrification & Grid
Transmission Buildout
| $2.58M | $17.8M | $15.2M | 0.85 | 6 |
|
| 61 |
Water
Sanitation
| $2.29M | $5.1M | $2.81M | 0.55 | 8 |
|
| 62 |
Infrastructure & Construction
Green Building
| $2.02M | $4.78M | $2.76M | 0.58 | 5 |
|
| 63 |
Space Economy
Satellite Communications
| $1.99M | $8.64M | $6.65M | 0.77 | 16 |
|
| 64 |
Digital Payments & Fintech
Buy Now Pay Later
| $1.25M | $2.67M | $1.42M | 0.53 | 13 |
|
| 65 |
Water
Water Infrastructure
| $1.2M | $62.5M | $61.3M | 0.98 | 17 |
|
| 66 |
Cybersecurity
Agentic AI Security
| $781K | $34M | $33.2M | 0.98 | 2 |
|
| 67 |
Cybersecurity
Identity Security
| $233K | $1.01M | $777K | 0.77 | 15 |
|
| 68 |
Clean Energy
Wind
| $167K | $296K | $129K | 0.44 | 9 |
|
| 69 |
Genomics & Gene Editing
| $93K | $1.58B | $1.58B | 1 | 199 |
|
| 70 |
Digital Assets
Bitcoin Miners
| $2K | $2K | $0 | 0 | 40 |
|
| 71 |
Space Economy
Launch Services
| -$480K | $5.85M | $6.33M | 1.08 | 5 |
|
| 72 |
Reshoring & American Manufacturing
| -$8.53M | $157M | $165M | 1.05 | 20 |
|
| 73 |
Defense Modernization
Drones & Counter-Drone
| -$10.1M | $111M | $121M | 1.09 | 30 |
|
| 74 |
Digital Payments & Fintech
Neobanks
| -$11M | $17.6M | $28.7M | 1.63 | 25 |
|
| 75 |
E-Commerce
Marketplaces
| -$11.5M | $29.2B | $29.2B | 1 | 106 |
|
| 76 |
Artificial Intelligence
Agentic AI
| -$17.8M | $569M | $587M | 1.03 | 13 |
|
| 77 |
Reuse, Repair & Circular Economy
| -$22.6M | $1.06B | $1.09B | 1.02 | 68 |
|
| 78 |
Lithium & Battery Materials
| -$25M | $26.2M | $51.3M | 1.96 | 47 |
|
| 79 |
Sin Stocks
Tobacco & Nicotine
| -$25.2M | $1.22B | $1.25B | 1.02 | 13 |
|
| 80 |
Sin Stocks
Firearms
| -$35.8M | $81M | $117M | 1.44 | 12 |
|
| 81 |
Sports Betting & iGaming
| -$38.1M | $42.1M | $80.2M | 1.9 | 29 |
|
| 82 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$44.4M | $33.7M | $78.2M | 2.32 | 9 |
|
| 83 |
Future of Education
| -$49.2M | $108M | $157M | 1.45 | 77 |
|
| 84 |
Artificial Intelligence
Chinese AI
| -$55.6M | $1.29B | $1.34B | 1.04 | 14 |
|
| 85 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$66.3M | $300M | $366M | 1.22 | 3 |
|
| 86 |
Defense Modernization
Munitions Restocking
| -$67.2M | $821M | $889M | 1.08 | 11 |
|
| 87 |
Quantum Computing
| -$70.2M | $2.01B | $2.08B | 1.04 | 19 |
|
| 88 |
Agriculture & Food Technology
Precision Agriculture
| -$80.3M | $459M | $540M | 1.17 | 4 |
|
| 89 |
Housing & Home Improvement
Homebuilders
| -$136M | $896M | $1.03B | 1.15 | 45 |
|
| 90 |
Sin Stocks
| -$170M | $3.92B | $4.09B | 1.04 | 78 |
|
| 91 |
GLP-1 & Obesity
| -$171M | $5.19B | $5.36B | 1.03 | 92 |
|
| 92 |
Sin Stocks
Casinos
| -$172M | $1.98B | $2.16B | 1.09 | 24 |
|
| 93 |
Space Economy
| -$199M | $464M | $663M | 1.43 | 64 |
|
| 94 |
Health & Wellness
| -$221M | $1.59B | $1.81B | 1.14 | 78 |
|
| 95 |
Housing & Home Improvement
| -$267M | $4.44B | $4.71B | 1.06 | 223 |
|
| 96 |
Housing & Home Improvement
Home & Garden Retail
| -$295M | $1.95B | $2.25B | 1.15 | 30 |
|
| 97 |
3D Printing & Additive Manufacturing
| -$304M | $990M | $1.29B | 1.31 | 20 |
|
| 98 |
Luxury & Affluent Consumer
| -$305M | $889M | $1.19B | 1.34 | 40 |
|
| 99 |
Agriculture & Food Technology
| -$326M | $1.92B | $2.24B | 1.17 | 79 |
|
| 100 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$360M | $1.3B | $1.65B | 1.28 | 26 |
|
| 101 |
Cybersecurity
| -$370M | $2.46B | $2.83B | 1.15 | 85 |
|
| 102 |
Internet of Things
Wearables
| -$609M | $24.1B | $24.7B | 1.03 | 21 |
|
| 103 |
Autonomous Driving
| -$788M | $2.53B | $3.31B | 1.31 | 53 |
|
| 104 |
Electrification & Grid
| -$801M | $2.72B | $3.52B | 1.29 | 59 |
|
| 105 |
Electrification & Grid
Energy Storage
| -$803M | $2.45B | $3.26B | 1.33 | 26 |
|
| 106 |
Immunotherapy & Oncology
| -$1.07B | $7.97B | $9.04B | 1.13 | 388 |
|
| 107 |
Infrastructure & Construction
| -$1.69B | $2.55B | $4.23B | 1.66 | 127 |
|
| 108 |
Digital Payments & Fintech
| -$1.89B | $27.4B | $29.2B | 1.07 | 148 |
|