Themes With The Most
Fund Put Options

Funds Holding Holding in Top 10 Capital Flow

New Positions Closed Positions Increased Positions Reduced Positions

Call Options Put Options

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

Digital Payments & Fintech

148 stocks · 2 sub-themes

$28.5B calls $32B puts

Internet of Things

Wearables

$23.9B calls $26.1B puts

Immunotherapy & Oncology

$8.22B calls $10.3B puts

Defense Modernization

163 stocks · 4 sub-themes

$4.56B calls $6.58B puts

Marketplaces

$31.1B calls $32.9B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$3.31B calls $4.83B puts

Sin Stocks

78 stocks · 4 sub-themes

$3.67B calls $4.83B puts

Casinos

$1.77B calls $2.81B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$1.79B calls $2.72B puts

Internet of Things

99 stocks · 2 sub-themes

$26.9B calls $27.8B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$6.06B calls $6.98B puts

3D Printing & Additive Manufacturing

$1.25B calls $2.12B puts

Health & Wellness

$2.39B calls $3.25B puts

Electrification & Grid

Energy Storage

$2.3B calls $3.03B puts

Space Economy

64 stocks · 3 sub-themes

$573M calls $1.27B puts

Electrification & Grid

59 stocks · 3 sub-themes

$2.62B calls $3.31B puts

Autonomous Driving

53 stocks · 1 sub-theme

$2.36B calls $3.01B puts

Copper & Industrial Metals

$5.06B calls $5.45B puts

Defense Modernization

Munitions Restocking

$717M calls $1.03B puts

Defense Modernization

Drones & Counter-Drone

$79M calls $346M puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$2.27B calls $2.51B puts

Digital Health & Telemedicine

$769M calls $1.01B puts

Luxury & Affluent Consumer

$1.08B calls $1.31B puts

Energy Efficiency

$834M calls $1.02B puts

Quantum Computing

$2.06B calls $2.24B puts

Artificial Intelligence

Chinese AI

$1.49B calls $1.64B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$4.74B calls $4.88B puts

Robotics & Automation

Warehouse & Logistics Robotics

$311M calls $447M puts

Reuse, Repair & Circular Economy

$1B calls $1.13B puts

Tobacco & Nicotine

$1.21B calls $1.33B puts

Online Travel & Experiences

$5.68B calls $5.8B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$1.03B calls $1.13B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$728M calls $822M puts

Housing & Home Improvement

Homebuilders

$1.12B calls $1.21B puts

Housing & Home Improvement

Home & Garden Retail

$2.01B calls $2.09B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$23.1B calls $23.2B puts

Reshoring & American Manufacturing

$168M calls $242M puts

Agriculture & Food Technology

Precision Agriculture

$572M calls $631M puts

Defense Modernization

Defense Tech & C4ISR

$1.13B calls $1.18B puts

Future of Education

$130M calls $180M puts

Analog & Power Semis

$895M calls $930M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$28.6M calls $57.8M puts

Alcohol

$497M calls $522M puts

Cybersecurity

85 stocks · 3 sub-themes

$2.64B calls $2.66B puts

Internet of Things

Smart Home

$49.5M calls $72.5M puts

Corporate Crypto Treasuries

$355M calls $371M puts

Digital Assets

160 stocks · 4 sub-themes

$357M calls $372M puts

Artificial Intelligence

AI Software & Applications

$135M calls $148M puts

Lithium & Battery Materials

$21.7M calls $26.9M puts

Advanced Packaging

$55.8M calls $56.9M puts

Photonics & Optical Interconnect

$405M calls $406M puts

Satellite Communications

$39M calls $39.3M puts

Launch Services

$4.39M calls $4.59M puts

Bitcoin Miners

$0 calls $35K puts

Identity Security

$745K calls $598K puts

Wind

$553K calls $155K puts

Infrastructure & Construction

Green Building

$6.1M calls $5.57M puts

Critical Minerals & Rare Earths

$10.8M calls $9.41M puts

Cannabis

$6.29M calls $4.21M puts

Digital Payments & Fintech

Buy Now Pay Later

$3.78M calls $1.46M puts

Digital Payments & Fintech

Neobanks

$34.9M calls $32.2M puts

Electrification & Grid

Transmission Buildout

$19.5M calls $14.4M puts

Firearms

$101M calls $94.6M puts

Water Infrastructure

$49.3M calls $41.6M puts

Sports Betting & iGaming

$43.9M calls $35.8M puts

Sanitation

$14.8M calls $4.72M puts

Cloud Computing

Edge Computing

$177M calls $155M puts

Data Centers & Digital Infrastructure

Power for AI

$250M calls $227M puts

Electrification & Grid

Grid Equipment

$268M calls $225M puts

Uranium Mining & Enrichment

$145M calls $76.9M puts

Small Modular Reactors

$143M calls $73.3M puts

Cloud Computing

64 stocks · 1 sub-theme

$24.3B calls $24.2B puts

Hydrogen & Fuel Cells

$186M calls $113M puts

Medical Devices & Diagnostics

$7.5B calls $7.42B puts

Streaming & Digital Media

News Media

$306M calls $222M puts

Agentic AI Security

$115M calls $28.5M puts

Artificial Intelligence

Agentic AI

$703M calls $607M puts

Semicap & Lithography

$487M calls $376M puts

Genomics & Gene Editing

Gene Therapy

$377M calls $264M puts

Agriculture & Food Technology

Plant-Based Foods

$639M calls $514M puts

Solar

$775M calls $648M puts

Longevity & Aging Population

$511M calls $362M puts

Robotics & Automation

Industrial Automation

$820M calls $668M puts

Nuclear Energy

61 stocks · 2 sub-themes

$758M calls $603M puts

Robotics & Automation

83 stocks · 3 sub-themes

$1.04B calls $878M puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$1.87B calls $1.68B puts

Small Business Economy

$656M calls $461M puts

Electric Vehicles

EV Charging Infrastructure

$683M calls $486M puts

Virtual & Augmented Reality

$236M calls $18.1M puts

Defense Modernization

Military Shipbuilding

$471M calls $186M puts

Artificial Intelligence

AI Memory & HBM

$2.51B calls $2.16B puts

Pet Economy

$2.04B calls $1.69B puts

Electric Vehicles

124 stocks · 1 sub-theme

$7.79B calls $7.21B puts

Clean Energy

134 stocks · 3 sub-themes

$3.25B calls $2.6B puts

Video Games & Esports

$5.33B calls $4.65B puts

Carbon & Pollution Control

$1.94B calls $1.23B puts

Semiconductors

178 stocks · 4 sub-themes

$11.4B calls $10.6B puts

Gold & Precious Metals

Gold & Silver Miners

$4.43B calls $3.55B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$4.43B calls $3.55B puts

SaaS & Enterprise Software

$10.8B calls $9.87B puts

LNG

$2.63B calls $1.68B puts

Oilfield Services

$5.33B calls $4.04B puts

Water

67 stocks · 2 sub-themes

$2.32B calls $1.02B puts

Artificial Intelligence

AI Inference Silicon

$2.73B calls $1.43B puts

E-Commerce

240 stocks · 2 sub-themes

$35.6B calls $34.1B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$34.1B calls $31.5B puts

Oil & Gas

361 stocks · 2 sub-themes

$28.2B calls $21.8B puts