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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50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Digital Payments & Fintech
| $4.78B | $24.5B | $19.7B | 1.24 | 148 |
|
| 2 |
Internet of Things
Wearables
| $3.62B | $20.4B | $16.8B | 1.22 | 21 |
|
| 3 |
Internet of Things
| $3.24B | $23.5B | $20.3B | 1.16 | 99 |
|
| 4 |
E-Commerce
| $2.07B | $34.1B | $32B | 1.06 | 240 |
|
| 5 |
E-Commerce
Marketplaces
| $2.05B | $32.6B | $30.6B | 1.07 | 106 |
|
| 6 |
Immunotherapy & Oncology
| $2.01B | $13.3B | $11.3B | 1.18 | 388 |
|
| 7 |
Oil & Gas
Oilfield Services
| $1.49B | $5.14B | $3.65B | 1.41 | 88 |
|
| 8 |
Defense Modernization
| $1.22B | $6.03B | $4.81B | 1.25 | 163 |
|
| 9 |
Electric Vehicles
| $1.15B | $7.88B | $6.73B | 1.17 | 124 |
|
| 10 |
Copper & Industrial Metals
| $1.09B | $3.72B | $2.63B | 1.41 | 79 |
|
| 11 |
Electrification & Grid
Energy Storage
| $956M | $4.25B | $3.3B | 1.29 | 26 |
|
| 12 |
Autonomous Driving
| $907M | $4.2B | $3.29B | 1.28 | 53 |
|
| 13 |
Electrification & Grid
| $786M | $4.48B | $3.69B | 1.21 | 59 |
|
| 14 |
Infrastructure & Construction
| $764M | $3.82B | $3.05B | 1.25 | 127 |
|
| 15 |
Cloud Computing
| $737M | $21.7B | $20.9B | 1.04 | 64 |
|
| 16 |
Housing & Home Improvement
Home & Garden Retail
| $511M | $2.29B | $1.77B | 1.29 | 30 |
|
| 17 |
Cybersecurity
| $434M | $3.15B | $2.72B | 1.16 | 85 |
|
| 18 |
Medical Devices & Diagnostics
| $409M | $9.76B | $9.35B | 1.04 | 342 |
|
| 19 |
Quantum Computing
| $387M | $1.9B | $1.51B | 1.26 | 19 |
|
| 20 |
3D Printing & Additive Manufacturing
| $375M | $969M | $594M | 1.63 | 20 |
|
| 21 |
Agriculture & Food Technology
Precision Agriculture
| $328M | $1.2B | $877M | 1.37 | 4 |
|
| 22 |
Housing & Home Improvement
| $259M | $3.99B | $3.73B | 1.07 | 223 |
|
| 23 |
Artificial Intelligence
Chinese AI
| $247M | $5.4B | $5.16B | 1.05 | 14 |
|
| 24 |
Space Economy
| $224M | $568M | $344M | 1.65 | 64 |
|
| 25 |
Health & Wellness
| $174M | $2.22B | $2.04B | 1.09 | 78 |
|
| 26 |
Online Travel & Experiences
| $154M | $5.07B | $4.91B | 1.03 | 32 |
|
| 27 |
Semiconductors
Analog & Power Semis
| $137M | $1.14B | $1B | 1.14 | 27 |
|
| 28 |
Longevity & Aging Population
| $126M | $1.78B | $1.66B | 1.08 | 60 |
|
| 29 |
Digital Assets
Corporate Crypto Treasuries
| $123M | $222M | $99.1M | 2.24 | 63 |
|
| 30 |
Digital Assets
| $121M | $228M | $107M | 2.12 | 160 |
|
| 31 |
Defense Modernization
Defense Tech & C4ISR
| $87.9M | $981M | $893M | 1.1 | 53 |
|
| 32 |
Defense Modernization
Drones & Counter-Drone
| $87.3M | $197M | $109M | 1.8 | 30 |
|
| 33 |
Digital Payments & Fintech
Neobanks
| $67.3M | $180M | $113M | 1.59 | 25 |
|
| 34 |
Clean Energy
Solar
| $65M | $421M | $356M | 1.18 | 54 |
|
| 35 |
Artificial Intelligence
AI Memory & HBM
| $64.9M | $1.63B | $1.56B | 1.04 | 12 |
|
| 36 |
Internet of Things
Smart Home
| $64.5M | $97.8M | $33.3M | 2.94 | 17 |
|
| 37 |
Defense Modernization
Military Shipbuilding
| $64.4M | $216M | $151M | 1.43 | 6 |
|
| 38 |
Cybersecurity
Identity Security
| $45.1M | $90.6M | $45.5M | 1.99 | 15 |
|
| 39 |
Luxury & Affluent Consumer
| $42.8M | $1.03B | $989M | 1.04 | 40 |
|
| 40 |
Lithium & Battery Materials
| $35.9M | $61.5M | $25.6M | 2.4 | 47 |
|
| 41 |
Robotics & Automation
Warehouse & Logistics Robotics
| $21.7M | $371M | $350M | 1.06 | 3 |
|
| 42 |
Agriculture & Food Technology
| $14.6M | $1.98B | $1.97B | 1.01 | 79 |
|
| 43 |
Digital Assets
Bitcoin Miners
| $10.7M | $20.5M | $9.74M | 2.1 | 40 |
|
| 44 |
Water
Sanitation
| $10.6M | $19.3M | $8.66M | 2.22 | 8 |
|
| 45 |
Digital Payments & Fintech
Buy Now Pay Later
| $8.61M | $22.5M | $13.9M | 1.62 | 13 |
|
| 46 |
Defense Modernization
Munitions Restocking
| $5.18M | $785M | $780M | 1.01 | 11 |
|
| 47 |
Virtual & Augmented Reality
| $1.44M | $13.3M | $11.8M | 1.12 | 20 |
|
| 48 |
Critical Minerals & Rare Earths
| $185K | $15.2M | $15M | 1.01 | 60 |
|
| 49 |
Clean Energy
Wind
| -$20K | $0 | $20K | 0 | 9 |
|
| 50 |
Space Economy
Launch Services
| -$625K | $193K | $818K | 0.24 | 5 |
|
| 51 |
Cannabis
| -$1.31M | $2.76M | $4.07M | 0.68 | 52 |
|
| 52 |
Sports Betting & iGaming
| -$1.68M | $35.8M | $37.5M | 0.96 | 29 |
|
| 53 |
Cloud Computing
Edge Computing
| -$2.42M | $143M | $145M | 0.98 | 11 |
|
| 54 |
Agriculture & Food Technology
Plant-Based Foods
| -$4.2M | $81.5M | $85.6M | 0.95 | 17 |
|
| 55 |
Infrastructure & Construction
Green Building
| -$4.57M | $2.92M | $7.5M | 0.39 | 5 |
|
| 56 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$6.85M | $17.2M | $24.1M | 0.72 | 9 |
|
| 57 |
Reshoring & American Manufacturing
| -$8.74M | $105M | $114M | 0.92 | 20 |
|
| 58 |
Water
Water Infrastructure
| -$17M | $49.9M | $66.8M | 0.75 | 17 |
|
| 59 |
Artificial Intelligence
AI Software & Applications
| -$18.5M | $49.7M | $68.2M | 0.73 | 85 |
|
| 60 |
Sin Stocks
Firearms
| -$18.6M | $39.9M | $58.5M | 0.68 | 12 |
|
| 61 |
Digital Health & Telemedicine
| -$19.7M | $856M | $876M | 0.98 | 84 |
|
| 62 |
Space Economy
Satellite Communications
| -$22.1M | $29.5M | $51.6M | 0.57 | 16 |
|
| 63 |
Housing & Home Improvement
Homebuilders
| -$23M | $710M | $733M | 0.97 | 45 |
|
| 64 |
Electrification & Grid
Transmission Buildout
| -$27M | $54.9M | $81.9M | 0.67 | 6 |
|
| 65 |
Nuclear Energy
Small Modular Reactors
| -$32.9M | $81.1M | $114M | 0.71 | 12 |
|
| 66 |
Nuclear Energy
Uranium Mining & Enrichment
| -$32.9M | $83.2M | $116M | 0.72 | 20 |
|
| 67 |
Robotics & Automation
| -$33.5M | $777M | $811M | 0.96 | 83 |
|
| 68 |
Semiconductors
Photonics & Optical Interconnect
| -$36M | $163M | $199M | 0.82 | 20 |
|
| 69 |
Cybersecurity
Agentic AI Security
| -$55.7M | $336M | $391M | 0.86 | 2 |
|
| 70 |
Robotics & Automation
Industrial Automation
| -$83.8M | $648M | $731M | 0.89 | 16 |
|
| 71 |
Clean Energy
| -$112M | $2.25B | $2.36B | 0.95 | 134 |
|
| 72 |
Clean Energy
Hydrogen & Fuel Cells
| -$126M | $107M | $234M | 0.46 | 13 |
|
| 73 |
Electrification & Grid
Grid Equipment
| -$130M | $161M | $290M | 0.55 | 10 |
|
| 74 |
Data Centers & Digital Infrastructure
Power for AI
| -$135M | $154M | $289M | 0.53 | 22 |
|
| 75 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$138M | $214M | $352M | 0.61 | 19 |
|
| 76 |
Electric Vehicles
EV Charging Infrastructure
| -$140M | $559M | $700M | 0.8 | 21 |
|
| 77 |
Future of Education
| -$145M | $236M | $381M | 0.62 | 77 |
|
| 78 |
Streaming & Digital Media
News Media
| -$169M | $75.9M | $245M | 0.31 | 26 |
|
| 79 |
Genomics & Gene Editing
| -$177M | $3.81B | $3.99B | 0.96 | 199 |
|
| 80 |
Sin Stocks
Tobacco & Nicotine
| -$208M | $768M | $976M | 0.79 | 13 |
|
| 81 |
Nuclear Energy
| -$209M | $518M | $727M | 0.71 | 61 |
|
| 82 |
Sin Stocks
Casinos
| -$210M | $1.72B | $1.93B | 0.89 | 24 |
|
| 83 |
Genomics & Gene Editing
Gene Therapy
| -$240M | $318M | $559M | 0.57 | 131 |
|
| 84 |
Pet Economy
| -$289M | $1.81B | $2.1B | 0.86 | 34 |
|
| 85 |
Artificial Intelligence
AI Inference Silicon
| -$306M | $2.46B | $2.77B | 0.89 | 7 |
|
| 86 |
E-Commerce
Food Delivery
| -$313M | $291M | $604M | 0.48 | 12 |
|
| 87 |
Energy Efficiency
| -$315M | $792M | $1.11B | 0.72 | 31 |
|
| 88 |
Artificial Intelligence
Agentic AI
| -$326M | $612M | $938M | 0.65 | 13 |
|
| 89 |
Small Business Economy
| -$344M | $476M | $819M | 0.58 | 58 |
|
| 90 |
Data Centers & Digital Infrastructure
| -$359M | $427M | $786M | 0.54 | 78 |
|
| 91 |
Semiconductors
Semicap & Lithography
| -$394M | $670M | $1.06B | 0.63 | 21 |
|
| 92 |
Gold & Precious Metals
| -$412M | $1.71B | $2.12B | 0.81 | 133 |
|
| 93 |
Gold & Precious Metals
Gold & Silver Miners
| -$413M | $1.7B | $2.12B | 0.8 | 124 |
|
| 94 |
Video Games & Esports
| -$427M | $3.63B | $4.06B | 0.89 | 55 |
|
| 95 |
Semiconductors
| -$567M | $11.6B | $12.2B | 0.95 | 178 |
|
| 96 |
Reuse, Repair & Circular Economy
| -$575M | $676M | $1.25B | 0.54 | 68 |
|
| 97 |
Carbon & Pollution Control
| -$587M | $747M | $1.33B | 0.56 | 23 |
|
| 98 |
Semiconductors
Advanced Packaging
| -$647M | $192M | $839M | 0.23 | 10 |
|
| 99 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$745M | $1.25B | $1.99B | 0.63 | 26 |
|
| 100 |
SaaS & Enterprise Software
| -$806M | $8.96B | $9.77B | 0.92 | 266 |
|
| 101 |
Oil & Gas
LNG
| -$814M | $1.63B | $2.44B | 0.67 | 32 |
|
| 102 |
GLP-1 & Obesity
| -$825M | $6.84B | $7.66B | 0.89 | 92 |
|
| 103 |
Water
| -$1.15B | $1.2B | $2.34B | 0.51 | 67 |
|
| 104 |
Streaming & Digital Media
| -$1.34B | $21.9B | $23.2B | 0.94 | 120 |
|
| 105 |
Social Media & Creator Economy
| -$1.42B | $14.9B | $16.4B | 0.91 | 45 |
|
| 106 |
Sin Stocks
Alcohol
| -$1.59B | $777M | $2.37B | 0.33 | 24 |
|
| 107 |
Artificial Intelligence
| -$1.71B | $27.6B | $29.3B | 0.94 | 264 |
|
| 108 |
Sin Stocks
| -$2.02B | $3.32B | $5.34B | 0.62 | 78 |
|
| 109 |
Oil & Gas
| -$5.1B | $22.6B | $27.7B | 0.82 | 361 |
|
| 110 |
Digital Assets
Stablecoin Infrastructure
| – | – | – | – | 9 |
|