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
| $4.14B | $31B | $26.8B | 0.87 | 361 |
|
| 2 |
Streaming & Digital Media
| $1.92B | $22.7B | $20.8B | 0.92 | 120 |
|
| 3 |
Carbon & Pollution Control
| $1.67B | $2.57B | $898M | 0.35 | 23 |
|
| 4 |
Oil & Gas
LNG
| $1.65B | $4.13B | $2.48B | 0.6 | 32 |
|
| 5 |
Semiconductors
Semicap & Lithography
| $1.21B | $2.11B | $892M | 0.42 | 21 |
|
| 6 |
Genomics & Gene Editing
| $1.07B | $3.19B | $2.11B | 0.66 | 199 |
|
| 7 |
Water
| $724M | $2.17B | $1.45B | 0.67 | 67 |
|
| 8 |
Semiconductors
Advanced Packaging
| $717M | $885M | $167M | 0.19 | 10 |
|
| 9 |
Sin Stocks
Alcohol
| $404M | $834M | $430M | 0.52 | 24 |
|
| 10 |
Genomics & Gene Editing
Gene Therapy
| $398M | $549M | $151M | 0.27 | 131 |
|
| 11 |
Artificial Intelligence
AI Inference Silicon
| $297M | $2.21B | $1.91B | 0.87 | 7 |
|
| 12 |
Clean Energy
| $227M | $3.04B | $2.82B | 0.93 | 134 |
|
| 13 |
Defense Modernization
Munitions Restocking
| $224M | $1.04B | $816M | 0.78 | 11 |
|
| 14 |
Medical Devices & Diagnostics
| $173M | $10.3B | $10.1B | 0.98 | 342 |
|
| 15 |
Nuclear Energy
| $165M | $899M | $734M | 0.82 | 61 |
|
| 16 |
Semiconductors
| $158M | $14.2B | $14.1B | 0.99 | 178 |
|
| 17 |
Electric Vehicles
EV Charging Infrastructure
| $155M | $939M | $784M | 0.84 | 21 |
|
| 18 |
Gold & Precious Metals
| $131M | $2.77B | $2.64B | 0.95 | 133 |
|
| 19 |
Gold & Precious Metals
Gold & Silver Miners
| $128M | $2.77B | $2.64B | 0.95 | 124 |
|
| 20 |
Artificial Intelligence
AI Memory & HBM
| $123M | $3.18B | $3.06B | 0.96 | 12 |
|
| 21 |
Defense Modernization
Defense Tech & C4ISR
| $121M | $1.17B | $1.05B | 0.9 | 53 |
|
| 22 |
Artificial Intelligence
Agentic AI
| $99M | $645M | $546M | 0.85 | 13 |
|
| 23 |
Small Business Economy
| $98M | $532M | $434M | 0.82 | 58 |
|
| 24 |
Housing & Home Improvement
Homebuilders
| $84.6M | $1.16B | $1.08B | 0.93 | 45 |
|
| 25 |
Streaming & Digital Media
News Media
| $78.6M | $135M | $56.8M | 0.42 | 26 |
|
| 26 |
Semiconductors
Photonics & Optical Interconnect
| $66M | $368M | $302M | 0.82 | 20 |
|
| 27 |
Data Centers & Digital Infrastructure
Power for AI
| $45.9M | $210M | $164M | 0.78 | 22 |
|
| 28 |
Nuclear Energy
Small Modular Reactors
| $44.8M | $138M | $92.7M | 0.67 | 12 |
|
| 29 |
Nuclear Energy
Uranium Mining & Enrichment
| $42.4M | $141M | $98.5M | 0.7 | 20 |
|
| 30 |
Electrification & Grid
Grid Equipment
| $42.1M | $212M | $170M | 0.8 | 10 |
|
| 31 |
Digital Payments & Fintech
Neobanks
| $37.1M | $113M | $75.9M | 0.67 | 25 |
|
| 32 |
Space Economy
Satellite Communications
| $34M | $53.1M | $19.1M | 0.36 | 16 |
|
| 33 |
Critical Minerals & Rare Earths
| $28.3M | $36.8M | $8.56M | 0.23 | 60 |
|
| 34 |
Water
Water Infrastructure
| $27.3M | $60.8M | $33.5M | 0.55 | 17 |
|
| 35 |
Data Centers & Digital Infrastructure
| $18.2M | $735M | $716M | 0.98 | 78 |
|
| 36 |
Cloud Computing
Edge Computing
| $17.3M | $139M | $122M | 0.88 | 11 |
|
| 37 |
Clean Energy
Hydrogen & Fuel Cells
| $17.3M | $244M | $227M | 0.93 | 13 |
|
| 38 |
E-Commerce
Food Delivery
| $14.5M | $149M | $134M | 0.9 | 12 |
|
| 39 |
Robotics & Automation
Industrial Automation
| $12.4M | $674M | $662M | 0.98 | 16 |
|
| 40 |
Water
Sanitation
| $9.2M | $15.5M | $6.3M | 0.41 | 8 |
|
| 41 |
Infrastructure & Construction
Green Building
| $7.66M | $10.6M | $2.96M | 0.28 | 5 |
|
| 42 |
Space Economy
Launch Services
| $6.64M | $7.18M | $539K | 0.08 | 5 |
|
| 43 |
Virtual & Augmented Reality
| $6.5M | $20.7M | $14.2M | 0.69 | 20 |
|
| 44 |
Cannabis
| $868K | $2.44M | $1.58M | 0.64 | 52 |
|
| 45 |
Clean Energy
Wind
| -$187K | $283K | $470K | 1.66 | 9 |
|
| 46 |
Digital Assets
Bitcoin Miners
| -$271K | $0 | $271K | 1 | 40 |
|
| 47 |
Cybersecurity
Identity Security
| -$1.04M | $8.84M | $9.88M | 1.12 | 15 |
|
| 48 |
Future of Education
| -$3.87M | $116M | $120M | 1.03 | 77 |
|
| 49 |
Agriculture & Food Technology
Plant-Based Foods
| -$5.2M | $104M | $109M | 1.05 | 17 |
|
| 50 |
Lithium & Battery Materials
| -$5.28M | $5.62M | $10.9M | 1.94 | 47 |
|
| 51 |
Electrification & Grid
Transmission Buildout
| -$6.57M | $24.2M | $30.7M | 1.27 | 6 |
|
| 52 |
Sports Betting & iGaming
| -$7.47M | $44.5M | $52M | 1.17 | 29 |
|
| 53 |
Sin Stocks
Firearms
| -$10.3M | $35.7M | $45.9M | 1.29 | 12 |
|
| 54 |
Digital Payments & Fintech
Buy Now Pay Later
| -$16.3M | $4.65M | $21M | 4.51 | 13 |
|
| 55 |
Reshoring & American Manufacturing
| -$20.1M | $126M | $146M | 1.16 | 20 |
|
| 56 |
Robotics & Automation
| -$22.2M | $768M | $790M | 1.03 | 83 |
|
| 57 |
Internet of Things
Smart Home
| -$22.3M | $61.3M | $83.7M | 1.36 | 17 |
|
| 58 |
Longevity & Aging Population
| -$27.5M | $761M | $788M | 1.04 | 60 |
|
| 59 |
Cybersecurity
Agentic AI Security
| -$30.4M | $205M | $235M | 1.15 | 2 |
|
| 60 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$48.6M | $384M | $432M | 1.13 | 19 |
|
| 61 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$54.6M | $29.4M | $84M | 2.86 | 9 |
|
| 62 |
Artificial Intelligence
AI Software & Applications
| -$56.7M | $50.1M | $107M | 2.13 | 85 |
|
| 63 |
Defense Modernization
Drones & Counter-Drone
| -$66.2M | $108M | $174M | 1.61 | 30 |
|
| 64 |
Defense Modernization
Military Shipbuilding
| -$87.5M | $167M | $254M | 1.53 | 6 |
|
| 65 |
Reuse, Repair & Circular Economy
| -$90.2M | $1.08B | $1.17B | 1.08 | 68 |
|
| 66 |
Energy Efficiency
| -$91.2M | $734M | $825M | 1.12 | 31 |
|
| 67 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$127M | $290M | $418M | 1.44 | 3 |
|
| 68 |
Clean Energy
Solar
| -$129M | $452M | $581M | 1.29 | 54 |
|
| 69 |
Agriculture & Food Technology
| -$137M | $1.9B | $2.03B | 1.07 | 79 |
|
| 70 |
Digital Assets
| -$179M | $156M | $335M | 2.14 | 160 |
|
| 71 |
Digital Assets
Corporate Crypto Treasuries
| -$179M | $154M | $333M | 2.16 | 63 |
|
| 72 |
Luxury & Affluent Consumer
| -$200M | $1.68B | $1.87B | 1.12 | 40 |
|
| 73 |
Digital Health & Telemedicine
| -$229M | $606M | $834M | 1.38 | 84 |
|
| 74 |
Housing & Home Improvement
| -$291M | $4.14B | $4.43B | 1.07 | 223 |
|
| 75 |
Sin Stocks
Tobacco & Nicotine
| -$308M | $847M | $1.16B | 1.36 | 13 |
|
| 76 |
Pet Economy
| -$317M | $1.68B | $2B | 1.19 | 34 |
|
| 77 |
Infrastructure & Construction
| -$319M | $3.77B | $4.09B | 1.08 | 127 |
|
| 78 |
Agriculture & Food Technology
Precision Agriculture
| -$374M | $551M | $925M | 1.68 | 4 |
|
| 79 |
Space Economy
| -$426M | $447M | $872M | 1.95 | 64 |
|
| 80 |
Semiconductors
Analog & Power Semis
| -$456M | $882M | $1.34B | 1.52 | 27 |
|
| 81 |
Housing & Home Improvement
Home & Garden Retail
| -$496M | $1.8B | $2.3B | 1.28 | 30 |
|
| 82 |
Artificial Intelligence
Chinese AI
| -$540M | $4.89B | $5.43B | 1.11 | 14 |
|
| 83 |
SaaS & Enterprise Software
| -$540M | $8.35B | $8.89B | 1.06 | 266 |
|
| 84 |
Sin Stocks
| -$568M | $4.47B | $5.04B | 1.13 | 78 |
|
| 85 |
Quantum Computing
| -$586M | $1.45B | $2.04B | 1.4 | 19 |
|
| 86 |
Sin Stocks
Casinos
| -$691M | $2.65B | $3.34B | 1.26 | 24 |
|
| 87 |
Cybersecurity
| -$763M | $2.41B | $3.17B | 1.32 | 85 |
|
| 88 |
3D Printing & Additive Manufacturing
| -$785M | $931M | $1.72B | 1.84 | 20 |
|
| 89 |
Health & Wellness
| -$897M | $1.78B | $2.68B | 1.5 | 78 |
|
| 90 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$910M | $1.34B | $2.25B | 1.68 | 26 |
|
| 91 |
GLP-1 & Obesity
| -$914M | $7.44B | $8.36B | 1.12 | 92 |
|
| 92 |
Video Games & Esports
| -$929M | $3.2B | $4.13B | 1.29 | 55 |
|
| 93 |
Online Travel & Experiences
| -$1.1B | $4.6B | $5.71B | 1.24 | 32 |
|
| 94 |
Electric Vehicles
| -$1.53B | $9.35B | $10.9B | 1.16 | 124 |
|
| 95 |
Social Media & Creator Economy
| -$1.58B | $16B | $17.6B | 1.1 | 45 |
|
| 96 |
Copper & Industrial Metals
| -$1.68B | $3.02B | $4.7B | 1.56 | 79 |
|
| 97 |
Electrification & Grid
| -$1.95B | $3.79B | $5.73B | 1.51 | 59 |
|
| 98 |
Oil & Gas
Oilfield Services
| -$1.95B | $4.13B | $6.08B | 1.47 | 88 |
|
| 99 |
Autonomous Driving
| -$1.98B | $3.62B | $5.6B | 1.55 | 53 |
|
| 100 |
Electrification & Grid
Energy Storage
| -$1.99B | $3.53B | $5.52B | 1.56 | 26 |
|
| 101 |
Defense Modernization
| -$2.21B | $4.2B | $6.41B | 1.52 | 163 |
|
| 102 |
Cloud Computing
| -$2.41B | $20.2B | $22.6B | 1.12 | 64 |
|
| 103 |
Immunotherapy & Oncology
| -$2.48B | $13B | $15.5B | 1.19 | 388 |
|
| 104 |
Artificial Intelligence
| -$2.54B | $29B | $31.5B | 1.09 | 264 |
|
| 105 |
E-Commerce
| -$8.91B | $31B | $39.9B | 1.29 | 240 |
|
| 106 |
Internet of Things
| -$9.64B | $19.3B | $29B | 1.5 | 99 |
|
| 107 |
E-Commerce
Marketplaces
| -$9.88B | $28.4B | $38.3B | 1.35 | 106 |
|
| 108 |
Internet of Things
Wearables
| -$9.93B | $16.7B | $26.7B | 1.59 | 21 |
|
| 109 |
Digital Payments & Fintech
| -$10.9B | $19.8B | $30.7B | 1.55 | 148 |
|
| 110 |
Digital Assets
Stablecoin Infrastructure
| – | – | – | – | 9 |
|