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
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10
25
50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Digital Payments & Fintech
| $22.5B | $46.8B | $24.4B | 1.92 | 148 |
|
| 2 |
Electric Vehicles
| $8.31B | $16.3B | $7.96B | 2.05 | 124 |
|
| 3 |
Medical Devices & Diagnostics
| $2.91B | $9.6B | $6.69B | 1.44 | 342 |
|
| 4 |
Semiconductors
Semicap & Lithography
| $2.78B | $3.4B | $623M | 5.47 | 21 |
|
| 5 |
Semiconductors
| $2.12B | $12.6B | $10.5B | 1.2 | 178 |
|
| 6 |
Defense Modernization
| $1.48B | $5.03B | $3.55B | 1.42 | 163 |
|
| 7 |
Copper & Industrial Metals
| $1.44B | $5.06B | $3.62B | 1.4 | 79 |
|
| 8 |
Electrification & Grid
Energy Storage
| $1.09B | $4.27B | $3.18B | 1.34 | 26 |
|
| 9 |
Autonomous Driving
| $1.06B | $4.31B | $3.24B | 1.33 | 53 |
|
| 10 |
Electrification & Grid
| $1B | $4.46B | $3.46B | 1.29 | 59 |
|
| 11 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $796M | $1.87B | $1.07B | 1.74 | 26 |
|
| 12 |
Health & Wellness
| $748M | $2.11B | $1.36B | 1.55 | 78 |
|
| 13 |
3D Printing & Additive Manufacturing
| $556M | $1.5B | $943M | 1.59 | 20 |
|
| 14 |
Sin Stocks
Casinos
| $463M | $2.07B | $1.6B | 1.29 | 24 |
|
| 15 |
Internet of Things
Wearables
| $383M | $21.9B | $21.5B | 1.02 | 21 |
|
| 16 |
Artificial Intelligence
AI Memory & HBM
| $318M | $2.05B | $1.73B | 1.18 | 12 |
|
| 17 |
Luxury & Affluent Consumer
| $239M | $1.51B | $1.27B | 1.19 | 40 |
|
| 18 |
Water
| $88.2M | $890M | $801M | 1.11 | 67 |
|
| 19 |
Digital Assets
| $83.9M | $391M | $307M | 1.27 | 160 |
|
| 20 |
Internet of Things
| $83.6M | $23.8B | $23.7B | 1 | 99 |
|
| 21 |
Digital Assets
Corporate Crypto Treasuries
| $80.3M | $382M | $301M | 1.27 | 63 |
|
| 22 |
Semiconductors
Advanced Packaging
| $73.8M | $204M | $130M | 1.57 | 10 |
|
| 23 |
Housing & Home Improvement
Homebuilders
| $65.3M | $796M | $730M | 1.09 | 45 |
|
| 24 |
Sin Stocks
| $52.4M | $3.51B | $3.46B | 1.02 | 78 |
|
| 25 |
Space Economy
| $40.6M | $633M | $592M | 1.07 | 64 |
|
| 26 |
Future of Education
| $38M | $126M | $87.9M | 1.43 | 77 |
|
| 27 |
Quantum Computing
| $33.1M | $2.37B | $2.34B | 1.01 | 19 |
|
| 28 |
Reshoring & American Manufacturing
| $26.5M | $206M | $179M | 1.15 | 20 |
|
| 29 |
Internet of Things
Smart Home
| $20.2M | $80.1M | $59.9M | 1.34 | 17 |
|
| 30 |
Sin Stocks
Firearms
| $17.9M | $101M | $83.5M | 1.21 | 12 |
|
| 31 |
Digital Payments & Fintech
Neobanks
| $7.39M | $41M | $33.6M | 1.22 | 25 |
|
| 32 |
Defense Modernization
Military Shipbuilding
| $6.16M | $156M | $149M | 1.04 | 6 |
|
| 33 |
Defense Modernization
Drones & Counter-Drone
| $6.04M | $105M | $98.8M | 1.06 | 30 |
|
| 34 |
Digital Payments & Fintech
Buy Now Pay Later
| $3.7M | $9.09M | $5.39M | 1.69 | 13 |
|
| 35 |
Lithium & Battery Materials
| $3.6M | $29M | $25.4M | 1.14 | 47 |
|
| 36 |
Digital Assets
Bitcoin Miners
| $43K | $43K | $0 | 1 | 40 |
|
| 37 |
Cybersecurity
Identity Security
| -$492K | $401K | $893K | 0.45 | 15 |
|
| 38 |
Clean Energy
Wind
| -$695K | $340K | $1.03M | 0.33 | 9 |
|
| 39 |
Infrastructure & Construction
Green Building
| -$3.87M | $5.84M | $9.71M | 0.6 | 5 |
|
| 40 |
Water
Water Infrastructure
| -$6.49M | $47.5M | $54M | 0.88 | 17 |
|
| 41 |
Critical Minerals & Rare Earths
| -$8.49M | $12.8M | $21.3M | 0.6 | 60 |
|
| 42 |
Space Economy
Launch Services
| -$9.67M | $2.52M | $12.2M | 0.21 | 5 |
|
| 43 |
Water
Sanitation
| -$10.1M | $5.43M | $15.5M | 0.35 | 8 |
|
| 44 |
Streaming & Digital Media
News Media
| -$13.1M | $108M | $121M | 0.89 | 26 |
|
| 45 |
Virtual & Augmented Reality
| -$17.9M | $23.7M | $41.6M | 0.57 | 20 |
|
| 46 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$19.7M | $13.5M | $33.3M | 0.41 | 9 |
|
| 47 |
Defense Modernization
Defense Tech & C4ISR
| -$20.9M | $829M | $850M | 0.98 | 53 |
|
| 48 |
Electrification & Grid
Transmission Buildout
| -$23.2M | $21.6M | $44.9M | 0.48 | 6 |
|
| 49 |
Space Economy
Satellite Communications
| -$24.6M | $53.4M | $78M | 0.68 | 16 |
|
| 50 |
Sports Betting & iGaming
| -$32.8M | $32.4M | $65.3M | 0.5 | 29 |
|
| 51 |
Cannabis
| -$36M | $2.41M | $38.5M | 0.06 | 52 |
|
| 52 |
Semiconductors
Photonics & Optical Interconnect
| -$37.1M | $397M | $434M | 0.91 | 20 |
|
| 53 |
Artificial Intelligence
AI Software & Applications
| -$40M | $120M | $160M | 0.75 | 85 |
|
| 54 |
Data Centers & Digital Infrastructure
Power for AI
| -$42.2M | $137M | $179M | 0.76 | 22 |
|
| 55 |
Artificial Intelligence
Agentic AI
| -$44M | $605M | $649M | 0.93 | 13 |
|
| 56 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$45.6M | $258M | $304M | 0.85 | 3 |
|
| 57 |
Defense Modernization
Munitions Restocking
| -$49M | $700M | $749M | 0.93 | 11 |
|
| 58 |
Cybersecurity
Agentic AI Security
| -$51.9M | $83.1M | $135M | 0.62 | 2 |
|
| 59 |
Cloud Computing
Edge Computing
| -$56.2M | $168M | $224M | 0.75 | 11 |
|
| 60 |
Electrification & Grid
Grid Equipment
| -$61.3M | $139M | $200M | 0.69 | 10 |
|
| 61 |
Semiconductors
Analog & Power Semis
| -$64.5M | $990M | $1.05B | 0.94 | 27 |
|
| 62 |
Agriculture & Food Technology
Plant-Based Foods
| -$69.3M | $118M | $187M | 0.63 | 17 |
|
| 63 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$70.4M | $654M | $724M | 0.9 | 19 |
|
| 64 |
Agriculture & Food Technology
Precision Agriculture
| -$89.6M | $514M | $603M | 0.85 | 4 |
|
| 65 |
Housing & Home Improvement
| -$89.8M | $3.27B | $3.36B | 0.97 | 223 |
|
| 66 |
Cybersecurity
| -$127M | $2.39B | $2.52B | 0.95 | 85 |
|
| 67 |
Nuclear Energy
Small Modular Reactors
| -$139M | $90.2M | $229M | 0.39 | 12 |
|
| 68 |
Nuclear Energy
Uranium Mining & Enrichment
| -$144M | $92.3M | $236M | 0.39 | 20 |
|
| 69 |
Energy Efficiency
| -$145M | $629M | $774M | 0.81 | 31 |
|
| 70 |
Sin Stocks
Tobacco & Nicotine
| -$164M | $913M | $1.08B | 0.85 | 13 |
|
| 71 |
Data Centers & Digital Infrastructure
| -$168M | $818M | $985M | 0.83 | 78 |
|
| 72 |
Reuse, Repair & Circular Economy
| -$193M | $918M | $1.11B | 0.83 | 68 |
|
| 73 |
Clean Energy
Solar
| -$194M | $659M | $853M | 0.77 | 54 |
|
| 74 |
Longevity & Aging Population
| -$194M | $407M | $601M | 0.68 | 60 |
|
| 75 |
Agriculture & Food Technology
| -$204M | $1.7B | $1.9B | 0.89 | 79 |
|
| 76 |
Sin Stocks
Alcohol
| -$204M | $378M | $582M | 0.65 | 24 |
|
| 77 |
Genomics & Gene Editing
Gene Therapy
| -$206M | $334M | $540M | 0.62 | 131 |
|
| 78 |
Electric Vehicles
EV Charging Infrastructure
| -$210M | $456M | $666M | 0.68 | 21 |
|
| 79 |
Robotics & Automation
| -$220M | $572M | $793M | 0.72 | 83 |
|
| 80 |
Digital Health & Telemedicine
| -$225M | $591M | $816M | 0.72 | 84 |
|
| 81 |
Carbon & Pollution Control
| -$236M | $1.03B | $1.27B | 0.81 | 23 |
|
| 82 |
Robotics & Automation
Industrial Automation
| -$237M | $408M | $644M | 0.63 | 16 |
|
| 83 |
Artificial Intelligence
AI Inference Silicon
| -$242M | $1.64B | $1.88B | 0.87 | 7 |
|
| 84 |
Housing & Home Improvement
Home & Garden Retail
| -$246M | $1.35B | $1.6B | 0.85 | 30 |
|
| 85 |
Gold & Precious Metals
Gold & Silver Miners
| -$252M | $3.2B | $3.45B | 0.93 | 124 |
|
| 86 |
Gold & Precious Metals
| -$254M | $3.2B | $3.45B | 0.93 | 133 |
|
| 87 |
Artificial Intelligence
Chinese AI
| -$284M | $1.24B | $1.53B | 0.81 | 14 |
|
| 88 |
Small Business Economy
| -$311M | $330M | $641M | 0.51 | 58 |
|
| 89 |
Nuclear Energy
| -$354M | $532M | $886M | 0.6 | 61 |
|
| 90 |
Oil & Gas
Oilfield Services
| -$364M | $3.41B | $3.77B | 0.9 | 88 |
|
| 91 |
Immunotherapy & Oncology
| -$390M | $8.75B | $9.14B | 0.96 | 388 |
|
| 92 |
Pet Economy
| -$398M | $1.26B | $1.66B | 0.76 | 34 |
|
| 93 |
Clean Energy
Hydrogen & Fuel Cells
| -$431M | $148M | $579M | 0.26 | 13 |
|
| 94 |
E-Commerce
Marketplaces
| -$476M | $27.9B | $28.3B | 0.98 | 106 |
|
| 95 |
Genomics & Gene Editing
| -$543M | $1.91B | $2.45B | 0.78 | 199 |
|
| 96 |
Infrastructure & Construction
| -$620M | $3.14B | $3.76B | 0.84 | 127 |
|
| 97 |
Cloud Computing
| -$755M | $17.8B | $18.6B | 0.96 | 64 |
|
| 98 |
GLP-1 & Obesity
| -$811M | $5.91B | $6.72B | 0.88 | 92 |
|
| 99 |
Clean Energy
| -$1.27B | $2.48B | $3.76B | 0.66 | 134 |
|
| 100 |
Social Media & Creator Economy
| -$1.35B | $16.7B | $18B | 0.93 | 45 |
|
| 101 |
Oil & Gas
LNG
| -$1.37B | $1.39B | $2.75B | 0.5 | 32 |
|
| 102 |
Video Games & Esports
| -$1.6B | $3.28B | $4.88B | 0.67 | 55 |
|
| 103 |
Online Travel & Experiences
| -$1.76B | $5.82B | $7.58B | 0.77 | 32 |
|
| 104 |
SaaS & Enterprise Software
| -$1.76B | $8.74B | $10.5B | 0.83 | 266 |
|
| 105 |
Artificial Intelligence
| -$2.2B | $24.7B | $26.9B | 0.92 | 264 |
|
| 106 |
Streaming & Digital Media
| -$2.54B | $17.2B | $19.8B | 0.87 | 120 |
|
| 107 |
E-Commerce
| -$2.84B | $29.1B | $31.9B | 0.91 | 240 |
|
| 108 |
Oil & Gas
| -$10.9B | $18.5B | $29.3B | 0.63 | 361 |
|