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