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

$19.2B calls $21.5B puts

Internet of Things

Wearables

$15.2B calls $17.5B puts

Internet of Things

99 stocks · 2 sub-themes

$17.8B calls $19.7B puts

Electric Vehicles

124 stocks · 1 sub-theme

$6.56B calls $8.27B puts

Electrification & Grid

Energy Storage

$2.9B calls $4.54B puts

Electrification & Grid

59 stocks · 3 sub-themes

$3.1B calls $4.7B puts

Autonomous Driving

53 stocks · 1 sub-theme

$2.93B calls $4.49B puts

Defense Modernization

163 stocks · 4 sub-themes

$4.72B calls $6.07B puts

Marketplaces

$27.5B calls $28.7B puts

Photonics & Optical Interconnect

$2.78B calls $4.04B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$2.65B calls $3.77B puts

Oilfield Services

$3.42B calls $4.52B puts

Copper & Industrial Metals

$1.82B calls $2.78B puts

Online Travel & Experiences

$4.76B calls $5.69B puts

E-Commerce

240 stocks · 2 sub-themes

$29.3B calls $30.2B puts

Semiconductors

178 stocks · 4 sub-themes

$13.9B calls $14.6B puts

Housing & Home Improvement

Home & Garden Retail

$1.73B calls $2.38B puts

Agriculture & Food Technology

Precision Agriculture

$543M calls $1.1B puts

Quantum Computing

$1.31B calls $1.73B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$1.21B calls $1.61B puts

3D Printing & Additive Manufacturing

$688M calls $1.04B puts

Analog & Power Semis

$806M calls $1.14B puts

Immunotherapy & Oncology

$12.1B calls $12.4B puts

Solar

$178M calls $335M puts

Robotics & Automation

83 stocks · 3 sub-themes

$604M calls $748M puts

Space Economy

64 stocks · 3 sub-themes

$443M calls $582M puts

Digital Payments & Fintech

Neobanks

$201M calls $325M puts

Robotics & Automation

Warehouse & Logistics Robotics

$243M calls $363M puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$3.73B calls $3.85B puts

Cybersecurity

85 stocks · 3 sub-themes

$2.33B calls $2.43B puts

Agentic AI Security

$286M calls $377M puts

Robotics & Automation

Industrial Automation

$529M calls $599M puts

Defense Modernization

Drones & Counter-Drone

$119M calls $177M puts

GLP-1 & Obesity

Obesity Second-Order Effects

$784M calls $840M puts

Corporate Crypto Treasuries

$128M calls $183M puts

Lithium & Battery Materials

$32.6M calls $76.6M puts

Defense Modernization

Defense Tech & C4ISR

$809M calls $834M puts

Reshoring & American Manufacturing

$108M calls $126M puts

Defense Modernization

Military Shipbuilding

$182M calls $200M puts

Sports Betting & iGaming

$26.7M calls $43.5M puts

Internet of Things

Smart Home

$43.2M calls $58.5M puts

Longevity & Aging Population

$724M calls $732M puts

Housing & Home Improvement

Homebuilders

$717M calls $725M puts

Agriculture & Food Technology

Plant-Based Foods

$59.1M calls $66.5M puts

Identity Security

$52.5M calls $58.6M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$264M calls $270M puts

Bitcoin Miners

$3.99M calls $8.87M puts

Critical Minerals & Rare Earths

$11.2M calls $16M puts

Digital Payments & Fintech

Buy Now Pay Later

$2.14M calls $6.44M puts

Electrification & Grid

Transmission Buildout

$28M calls $32.2M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$10.4M calls $12.9M puts

Artificial Intelligence

AI Software & Applications

$41.6M calls $43.1M puts

Health & Wellness

$1.59B calls $1.59B puts

Wind

$28K calls $0 puts

Infrastructure & Construction

Green Building

$3.64M calls $3M puts

Sanitation

$13.9M calls $12M puts

Cannabis

$4.33M calls $2.17M puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.32B calls $2.32B puts

Defense Modernization

Munitions Restocking

$781M calls $776M puts

Water Infrastructure

$40.9M calls $34.1M puts

Electric Vehicles

EV Charging Infrastructure

$406M calls $395M puts

Cloud Computing

Edge Computing

$144M calls $132M puts

Launch Services

$13.4M calls $625K puts

Virtual & Augmented Reality

$23.5M calls $8.7M puts

Satellite Communications

$39.5M calls $24.7M puts

Casinos

$1.37B calls $1.35B puts

Firearms

$178M calls $154M puts

Future of Education

$212M calls $174M puts

Uranium Mining & Enrichment

$89.3M calls $50.9M puts

Small Modular Reactors

$88.8M calls $50.1M puts

Data Centers & Digital Infrastructure

Power for AI

$159M calls $115M puts

Electrification & Grid

Grid Equipment

$164M calls $120M puts

Genomics & Gene Editing

Gene Therapy

$463M calls $393M puts

Energy Efficiency

$860M calls $789M puts

Luxury & Affluent Consumer

$842M calls $763M puts

Semicap & Lithography

$640M calls $558M puts

Digital Assets

160 stocks · 4 sub-themes

$586M calls $503M puts

Artificial Intelligence

AI Memory & HBM

$1.36B calls $1.26B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$565M calls $439M puts

Medical Devices & Diagnostics

$10.7B calls $10.6B puts

Stablecoin Infrastructure

$453M calls $314M puts

Carbon & Pollution Control

$837M calls $681M puts

Streaming & Digital Media

News Media

$272M calls $113M puts

Clean Energy

134 stocks · 3 sub-themes

$2.23B calls $2.06B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$1.86B calls $1.67B puts

Gold & Precious Metals

Gold & Silver Miners

$1.86B calls $1.67B puts

Artificial Intelligence

AI Inference Silicon

$1.82B calls $1.6B puts

Pet Economy

$1.9B calls $1.67B puts

Artificial Intelligence

Agentic AI

$814M calls $582M puts

Nuclear Energy

61 stocks · 2 sub-themes

$678M calls $431M puts

Digital Health & Telemedicine

$1.17B calls $915M puts

Hydrogen & Fuel Cells

$437M calls $183M puts

Food Delivery

$495M calls $155M puts

Reuse, Repair & Circular Economy

$994M calls $652M puts

Small Business Economy

$936M calls $586M puts

Artificial Intelligence

Chinese AI

$4.52B calls $4.05B puts

Tobacco & Nicotine

$1.29B calls $797M puts

LNG

$2.03B calls $1.48B puts

Advanced Packaging

$772M calls $195M puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$6.78B calls $6.13B puts

Water

67 stocks · 2 sub-themes

$5B calls $4.32B puts

Video Games & Esports

$4.43B calls $3.56B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$25.5B calls $24.6B puts

Cloud Computing

64 stocks · 1 sub-theme

$24.7B calls $23.5B puts

Alcohol

$3.22B calls $1.17B puts

SaaS & Enterprise Software

$10.9B calls $8.54B puts

Sin Stocks

78 stocks · 4 sub-themes

$6.06B calls $3.49B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$30.7B calls $27.5B puts

Oil & Gas

361 stocks · 2 sub-themes

$23.8B calls $20.3B puts