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 |
E-Commerce
Marketplaces
| $7.13B | $33.1B | $25.9B | 1.27 | 106 |
|
| 2 |
E-Commerce
| $6.4B | $34.4B | $28B | 1.23 | 240 |
|
| 3 |
Digital Payments & Fintech
| $5.65B | $20.7B | $15B | 1.38 | 148 |
|
| 4 |
Internet of Things
Wearables
| $5.52B | $16.5B | $11B | 1.5 | 21 |
|
| 5 |
Streaming & Digital Media
| $5.04B | $32.3B | $27.3B | 1.18 | 120 |
|
| 6 |
Internet of Things
| $4.97B | $18.5B | $13.5B | 1.37 | 99 |
|
| 7 |
Immunotherapy & Oncology
| $2.14B | $13B | $10.9B | 1.2 | 388 |
|
| 8 |
Electric Vehicles
| $2.09B | $7.66B | $5.57B | 1.38 | 124 |
|
| 9 |
Cloud Computing
| $1.89B | $32B | $30.1B | 1.06 | 64 |
|
| 10 |
Electrification & Grid
| $1.71B | $4.38B | $2.67B | 1.64 | 59 |
|
| 11 |
Defense Modernization
| $1.67B | $8.58B | $6.91B | 1.24 | 163 |
|
| 12 |
Electrification & Grid
Energy Storage
| $1.66B | $4.16B | $2.5B | 1.66 | 26 |
|
| 13 |
Autonomous Driving
| $1.61B | $4.1B | $2.49B | 1.65 | 53 |
|
| 14 |
Oil & Gas
| $1.58B | $22.6B | $21B | 1.08 | 361 |
|
| 15 |
Infrastructure & Construction
| $1.28B | $3.6B | $2.32B | 1.55 | 127 |
|
| 16 |
Copper & Industrial Metals
| $1.08B | $2.59B | $1.51B | 1.71 | 79 |
|
| 17 |
Defense Modernization
Defense Tech & C4ISR
| $926M | $2.5B | $1.58B | 1.59 | 53 |
|
| 18 |
Defense Modernization
Munitions Restocking
| $922M | $2.35B | $1.43B | 1.64 | 11 |
|
| 19 |
GLP-1 & Obesity
| $654M | $7.48B | $6.83B | 1.1 | 92 |
|
| 20 |
Oil & Gas
Oilfield Services
| $571M | $3.69B | $3.12B | 1.18 | 88 |
|
| 21 |
Online Travel & Experiences
| $428M | $5.27B | $4.85B | 1.09 | 32 |
|
| 22 |
Agriculture & Food Technology
Precision Agriculture
| $368M | $911M | $543M | 1.68 | 4 |
|
| 23 |
Quantum Computing
| $358M | $1.66B | $1.31B | 1.27 | 19 |
|
| 24 |
Clean Energy
| $341M | $2.38B | $2.04B | 1.17 | 134 |
|
| 25 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $324M | $545M | $221M | 2.46 | 19 |
|
| 26 |
Space Economy
| $295M | $691M | $396M | 1.74 | 64 |
|
| 27 |
Health & Wellness
| $234M | $1.41B | $1.17B | 1.2 | 78 |
|
| 28 |
Data Centers & Digital Infrastructure
| $218M | $720M | $501M | 1.44 | 78 |
|
| 29 |
Housing & Home Improvement
Home & Garden Retail
| $188M | $1.89B | $1.71B | 1.11 | 30 |
|
| 30 |
Semiconductors
Semicap & Lithography
| $172M | $744M | $572M | 1.3 | 21 |
|
| 31 |
Housing & Home Improvement
Homebuilders
| $150M | $744M | $594M | 1.25 | 45 |
|
| 32 |
3D Printing & Additive Manufacturing
| $132M | $395M | $263M | 1.5 | 20 |
|
| 33 |
Defense Modernization
Drones & Counter-Drone
| $104M | $244M | $140M | 1.74 | 30 |
|
| 34 |
Digital Health & Telemedicine
| $92.4M | $879M | $786M | 1.12 | 84 |
|
| 35 |
Longevity & Aging Population
| $90.6M | $765M | $674M | 1.13 | 60 |
|
| 36 |
Semiconductors
Analog & Power Semis
| $90M | $954M | $864M | 1.1 | 27 |
|
| 37 |
Pet Economy
| $85.7M | $1.9B | $1.81B | 1.05 | 34 |
|
| 38 |
Future of Education
| $64.3M | $238M | $173M | 1.37 | 77 |
|
| 39 |
Semiconductors
Advanced Packaging
| $62.2M | $153M | $90.4M | 1.69 | 10 |
|
| 40 |
Clean Energy
Hydrogen & Fuel Cells
| $60.9M | $198M | $137M | 1.44 | 13 |
|
| 41 |
Electrification & Grid
Transmission Buildout
| $57.3M | $73.6M | $16.3M | 4.51 | 6 |
|
| 42 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $38.1M | $874M | $836M | 1.05 | 26 |
|
| 43 |
Defense Modernization
Military Shipbuilding
| $36.8M | $193M | $156M | 1.24 | 6 |
|
| 44 |
Sports Betting & iGaming
| $34.4M | $82.6M | $48.2M | 1.71 | 29 |
|
| 45 |
Reshoring & American Manufacturing
| $30.8M | $136M | $105M | 1.29 | 20 |
|
| 46 |
Electric Vehicles
EV Charging Infrastructure
| $28.9M | $366M | $337M | 1.09 | 21 |
|
| 47 |
Digital Assets
Corporate Crypto Treasuries
| $27.1M | $184M | $157M | 1.17 | 63 |
|
| 48 |
Agriculture & Food Technology
Plant-Based Foods
| $26.1M | $84.1M | $58M | 1.45 | 17 |
|
| 49 |
Internet of Things
Smart Home
| $25.9M | $86.8M | $60.9M | 1.43 | 17 |
|
| 50 |
Cloud Computing
Edge Computing
| $22.8M | $270M | $247M | 1.09 | 11 |
|
| 51 |
Robotics & Automation
Warehouse & Logistics Robotics
| $18.3M | $350M | $332M | 1.06 | 3 |
|
| 52 |
Lithium & Battery Materials
| $17M | $51.5M | $34.5M | 1.49 | 47 |
|
| 53 |
Water
Sanitation
| $16.8M | $24.4M | $7.59M | 3.22 | 8 |
|
| 54 |
Cybersecurity
Identity Security
| $6.77M | $29.4M | $22.6M | 1.3 | 15 |
|
| 55 |
Digital Payments & Fintech
Buy Now Pay Later
| $6.01M | $9.61M | $3.6M | 2.67 | 13 |
|
| 56 |
Critical Minerals & Rare Earths
| $5.43M | $20.7M | $15.2M | 1.36 | 60 |
|
| 57 |
Digital Assets
Bitcoin Miners
| $3.59M | $5.75M | $2.16M | 2.66 | 40 |
|
| 58 |
Cybersecurity
Agentic AI Security
| $1.59M | $384M | $382M | 1 | 2 |
|
| 59 |
Cannabis
| $125K | $1.87M | $1.75M | 1.07 | 52 |
|
| 60 |
Space Economy
Launch Services
| -$307K | $319K | $626K | 0.51 | 5 |
|
| 61 |
Infrastructure & Construction
Green Building
| -$880K | $1.76M | $2.64M | 0.67 | 5 |
|
| 62 |
Space Economy
Satellite Communications
| -$2.6M | $26.2M | $28.8M | 0.91 | 16 |
|
| 63 |
Artificial Intelligence
Chinese AI
| -$2.97M | $6.15B | $6.15B | 1 | 14 |
|
| 64 |
Electrification & Grid
Grid Equipment
| -$4.05M | $122M | $126M | 0.97 | 10 |
|
| 65 |
Cybersecurity
| -$4.33M | $2.27B | $2.28B | 1 | 85 |
|
| 66 |
Water
Water Infrastructure
| -$6.27M | $37.9M | $44.2M | 0.86 | 17 |
|
| 67 |
Sin Stocks
Firearms
| -$7.42M | $72.8M | $80.2M | 0.91 | 12 |
|
| 68 |
Data Centers & Digital Infrastructure
Power for AI
| -$7.9M | $123M | $131M | 0.94 | 22 |
|
| 69 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$10.6M | $12.7M | $23.3M | 0.54 | 9 |
|
| 70 |
Virtual & Augmented Reality
| -$25.7M | $9.57M | $35.3M | 0.27 | 20 |
|
| 71 |
Digital Assets
| -$28.4M | $439M | $468M | 0.94 | 160 |
|
| 72 |
Artificial Intelligence
AI Software & Applications
| -$30.5M | $47.9M | $78.4M | 0.61 | 85 |
|
| 73 |
Nuclear Energy
Uranium Mining & Enrichment
| -$39.2M | $41.9M | $81.1M | 0.52 | 20 |
|
| 74 |
Nuclear Energy
Small Modular Reactors
| -$39.5M | $41.5M | $80.9M | 0.51 | 12 |
|
| 75 |
Clean Energy
Solar
| -$50.6M | $448M | $499M | 0.9 | 54 |
|
| 76 |
Streaming & Digital Media
News Media
| -$54.4M | $123M | $177M | 0.69 | 26 |
|
| 77 |
Digital Assets
Stablecoin Infrastructure
| -$56.9M | $240M | $297M | 0.81 | 9 |
|
| 78 |
Energy Efficiency
| -$89.8M | $705M | $794M | 0.89 | 31 |
|
| 79 |
Digital Payments & Fintech
Neobanks
| -$94.4M | $158M | $252M | 0.63 | 25 |
|
| 80 |
Agriculture & Food Technology
| -$95.4M | $1.36B | $1.46B | 0.93 | 79 |
|
| 81 |
Small Business Economy
| -$100M | $387M | $488M | 0.79 | 58 |
|
| 82 |
Semiconductors
Photonics & Optical Interconnect
| -$101M | $141M | $242M | 0.58 | 20 |
|
| 83 |
Artificial Intelligence
AI Memory & HBM
| -$104M | $1.06B | $1.16B | 0.91 | 12 |
|
| 84 |
Genomics & Gene Editing
Gene Therapy
| -$106M | $317M | $423M | 0.75 | 131 |
|
| 85 |
Luxury & Affluent Consumer
| -$108M | $889M | $997M | 0.89 | 40 |
|
| 86 |
Robotics & Automation
| -$114M | $665M | $779M | 0.85 | 83 |
|
| 87 |
Sin Stocks
Casinos
| -$126M | $1.56B | $1.69B | 0.92 | 24 |
|
| 88 |
Robotics & Automation
Industrial Automation
| -$137M | $554M | $691M | 0.8 | 16 |
|
| 89 |
Sin Stocks
Tobacco & Nicotine
| -$139M | $962M | $1.1B | 0.87 | 13 |
|
| 90 |
Reuse, Repair & Circular Economy
| -$193M | $790M | $983M | 0.8 | 68 |
|
| 91 |
Nuclear Energy
| -$263M | $385M | $648M | 0.59 | 61 |
|
| 92 |
Gold & Precious Metals
Gold & Silver Miners
| -$276M | $1.45B | $1.73B | 0.84 | 124 |
|
| 93 |
Gold & Precious Metals
| -$278M | $1.45B | $1.73B | 0.84 | 133 |
|
| 94 |
Housing & Home Improvement
| -$321M | $3.36B | $3.68B | 0.91 | 223 |
|
| 95 |
Oil & Gas
LNG
| -$329M | $1.69B | $2.02B | 0.84 | 32 |
|
| 96 |
Carbon & Pollution Control
| -$353M | $646M | $999M | 0.65 | 23 |
|
| 97 |
Genomics & Gene Editing
| -$405M | $2.28B | $2.68B | 0.85 | 199 |
|
| 98 |
E-Commerce
Food Delivery
| -$518M | $175M | $693M | 0.25 | 12 |
|
| 99 |
Artificial Intelligence
AI Inference Silicon
| -$529M | $1.35B | $1.88B | 0.72 | 7 |
|
| 100 |
Artificial Intelligence
Agentic AI
| -$779M | $601M | $1.38B | 0.44 | 13 |
|
| 101 |
Semiconductors
| -$785M | $9.54B | $10.3B | 0.92 | 178 |
|
| 102 |
Water
| -$894M | $1.27B | $2.16B | 0.59 | 67 |
|
| 103 |
Sin Stocks
Alcohol
| -$1.01B | $1.12B | $2.14B | 0.53 | 24 |
|
| 104 |
Sin Stocks
| -$1.3B | $3.73B | $5.03B | 0.74 | 78 |
|
| 105 |
Video Games & Esports
| -$1.72B | $5.38B | $7.1B | 0.76 | 55 |
|
| 106 |
Medical Devices & Diagnostics
| -$2.24B | $9.54B | $11.8B | 0.81 | 342 |
|
| 107 |
Social Media & Creator Economy
| -$2.58B | $20.5B | $23.1B | 0.89 | 45 |
|
| 108 |
SaaS & Enterprise Software
| -$3.11B | $9.95B | $13.1B | 0.76 | 266 |
|
| 109 |
Artificial Intelligence
| -$3.72B | $32.9B | $36.6B | 0.9 | 264 |
|
| 110 |
Clean Energy
Wind
| – | $0 | $0 | 0 | 9 |
|