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

$24.4B calls $46.8B puts

Electric Vehicles

124 stocks · 1 sub-theme

$7.96B calls $16.3B puts

Medical Devices & Diagnostics

$6.69B calls $9.6B puts

Semicap & Lithography

$623M calls $3.4B puts

Semiconductors

178 stocks · 4 sub-themes

$10.5B calls $12.6B puts

Defense Modernization

163 stocks · 4 sub-themes

$3.55B calls $5.03B puts

Copper & Industrial Metals

$3.62B calls $5.06B puts

Electrification & Grid

Energy Storage

$3.18B calls $4.27B puts

Autonomous Driving

53 stocks · 1 sub-theme

$3.24B calls $4.31B puts

Electrification & Grid

59 stocks · 3 sub-themes

$3.46B calls $4.46B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$1.07B calls $1.87B puts

Health & Wellness

$1.36B calls $2.11B puts

3D Printing & Additive Manufacturing

$943M calls $1.5B puts

Casinos

$1.6B calls $2.07B puts

Internet of Things

Wearables

$21.5B calls $21.9B puts

Artificial Intelligence

AI Memory & HBM

$1.73B calls $2.05B puts

Luxury & Affluent Consumer

$1.27B calls $1.51B puts

Water

67 stocks · 2 sub-themes

$801M calls $890M puts

Digital Assets

160 stocks · 4 sub-themes

$307M calls $391M puts

Internet of Things

99 stocks · 2 sub-themes

$23.7B calls $23.8B puts

Corporate Crypto Treasuries

$301M calls $382M puts

Advanced Packaging

$130M calls $204M puts

Housing & Home Improvement

Homebuilders

$730M calls $796M puts

Sin Stocks

78 stocks · 4 sub-themes

$3.46B calls $3.51B puts

Space Economy

64 stocks · 3 sub-themes

$592M calls $633M puts

Future of Education

$87.9M calls $126M puts

Quantum Computing

$2.34B calls $2.37B puts

Reshoring & American Manufacturing

$179M calls $206M puts

Internet of Things

Smart Home

$59.9M calls $80.1M puts

Firearms

$83.5M calls $101M puts

Digital Payments & Fintech

Neobanks

$33.6M calls $41M puts

Defense Modernization

Military Shipbuilding

$149M calls $156M puts

Defense Modernization

Drones & Counter-Drone

$98.8M calls $105M puts

Digital Payments & Fintech

Buy Now Pay Later

$5.39M calls $9.09M puts

Lithium & Battery Materials

$25.4M calls $29M puts

Bitcoin Miners

$0 calls $43K puts

Identity Security

$893K calls $401K puts

Wind

$1.03M calls $340K puts

Infrastructure & Construction

Green Building

$9.71M calls $5.84M puts

Water Infrastructure

$54M calls $47.5M puts

Critical Minerals & Rare Earths

$21.3M calls $12.8M puts

Launch Services

$12.2M calls $2.52M puts

Sanitation

$15.5M calls $5.43M puts

Streaming & Digital Media

News Media

$121M calls $108M puts

Virtual & Augmented Reality

$41.6M calls $23.7M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$33.3M calls $13.5M puts

Defense Modernization

Defense Tech & C4ISR

$850M calls $829M puts

Electrification & Grid

Transmission Buildout

$44.9M calls $21.6M puts

Satellite Communications

$78M calls $53.4M puts

Sports Betting & iGaming

$65.3M calls $32.4M puts

Cannabis

$38.5M calls $2.41M puts

Photonics & Optical Interconnect

$434M calls $397M puts

Artificial Intelligence

AI Software & Applications

$160M calls $120M puts

Data Centers & Digital Infrastructure

Power for AI

$179M calls $137M puts

Artificial Intelligence

Agentic AI

$649M calls $605M puts

Robotics & Automation

Warehouse & Logistics Robotics

$304M calls $258M puts

Defense Modernization

Munitions Restocking

$749M calls $700M puts

Agentic AI Security

$135M calls $83.1M puts

Cloud Computing

Edge Computing

$224M calls $168M puts

Electrification & Grid

Grid Equipment

$200M calls $139M puts

Analog & Power Semis

$1.05B calls $990M puts

Agriculture & Food Technology

Plant-Based Foods

$187M calls $118M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$724M calls $654M puts

Agriculture & Food Technology

Precision Agriculture

$603M calls $514M puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$3.36B calls $3.27B puts

Cybersecurity

85 stocks · 3 sub-themes

$2.52B calls $2.39B puts

Small Modular Reactors

$229M calls $90.2M puts

Uranium Mining & Enrichment

$236M calls $92.3M puts

Energy Efficiency

$774M calls $629M puts

Tobacco & Nicotine

$1.08B calls $913M puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$985M calls $818M puts

Reuse, Repair & Circular Economy

$1.11B calls $918M puts

Solar

$853M calls $659M puts

Longevity & Aging Population

$601M calls $407M puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$1.9B calls $1.7B puts

Alcohol

$582M calls $378M puts

Genomics & Gene Editing

Gene Therapy

$540M calls $334M puts

Electric Vehicles

EV Charging Infrastructure

$666M calls $456M puts

Robotics & Automation

83 stocks · 3 sub-themes

$793M calls $572M puts

Digital Health & Telemedicine

$816M calls $591M puts

Carbon & Pollution Control

$1.27B calls $1.03B puts

Robotics & Automation

Industrial Automation

$644M calls $408M puts

Artificial Intelligence

AI Inference Silicon

$1.88B calls $1.64B puts

Housing & Home Improvement

Home & Garden Retail

$1.6B calls $1.35B puts

Gold & Precious Metals

Gold & Silver Miners

$3.45B calls $3.2B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$3.45B calls $3.2B puts

Artificial Intelligence

Chinese AI

$1.53B calls $1.24B puts

Small Business Economy

$641M calls $330M puts

Nuclear Energy

61 stocks · 2 sub-themes

$886M calls $532M puts

Oilfield Services

$3.77B calls $3.41B puts

Immunotherapy & Oncology

$9.14B calls $8.75B puts

Pet Economy

$1.66B calls $1.26B puts

Hydrogen & Fuel Cells

$579M calls $148M puts

Marketplaces

$28.3B calls $27.9B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.45B calls $1.91B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$3.76B calls $3.14B puts

Cloud Computing

64 stocks · 1 sub-theme

$18.6B calls $17.8B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$6.72B calls $5.91B puts

Clean Energy

134 stocks · 3 sub-themes

$3.76B calls $2.48B puts

LNG

$2.75B calls $1.39B puts

Video Games & Esports

$4.88B calls $3.28B puts

Online Travel & Experiences

$7.58B calls $5.82B puts

SaaS & Enterprise Software

$10.5B calls $8.74B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$26.9B calls $24.7B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$19.8B calls $17.2B puts

E-Commerce

240 stocks · 2 sub-themes

$31.9B calls $29.1B puts

Oil & Gas

361 stocks · 2 sub-themes

$29.3B calls $18.5B puts