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

Online Travel & Experiences

$5.26B calls $9B puts

Electric Vehicles

124 stocks · 1 sub-theme

$5.58B calls $8.14B puts

Electrification & Grid

Energy Storage

$3.14B calls $5.39B puts

Autonomous Driving

53 stocks · 1 sub-theme

$3.19B calls $5.4B puts

Electrification & Grid

59 stocks · 3 sub-themes

$3.37B calls $5.55B puts

Semiconductors

178 stocks · 4 sub-themes

$8.9B calls $10.4B puts

Longevity & Aging Population

$1.14B calls $2.41B puts

Immunotherapy & Oncology

$11.3B calls $12.6B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$2.54B calls $3.44B puts

Artificial Intelligence

AI Memory & HBM

$1.09B calls $1.99B puts

Clean Energy

134 stocks · 3 sub-themes

$1.7B calls $2.35B puts

Agriculture & Food Technology

Precision Agriculture

$698M calls $1.17B puts

Health & Wellness

$1.31B calls $1.68B puts

Hydrogen & Fuel Cells

$90.1M calls $450M puts

Quantum Computing

$2.1B calls $2.44B puts

Casinos

$1.39B calls $1.72B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$1.33B calls $1.65B puts

Copper & Industrial Metals

$3.46B calls $3.79B puts

Defense Modernization

Munitions Restocking

$886M calls $1.2B puts

Defense Modernization

Defense Tech & C4ISR

$1.22B calls $1.53B puts

Medical Devices & Diagnostics

$6.73B calls $7.02B puts

Robotics & Automation

Warehouse & Logistics Robotics

$354M calls $634M puts

Housing & Home Improvement

Home & Garden Retail

$2.36B calls $2.64B puts

Energy Efficiency

$630M calls $892M puts

Cloud Computing

Edge Computing

$276M calls $497M puts

Space Economy

64 stocks · 3 sub-themes

$615M calls $802M puts

Robotics & Automation

Industrial Automation

$669M calls $839M puts

Reshoring & American Manufacturing

$110M calls $273M puts

Robotics & Automation

83 stocks · 3 sub-themes

$795M calls $942M puts

Analog & Power Semis

$792M calls $920M puts

Genomics & Gene Editing

Gene Therapy

$480M calls $607M puts

Housing & Home Improvement

Homebuilders

$334M calls $443M puts

Digital Health & Telemedicine

$835M calls $934M puts

Tobacco & Nicotine

$1.34B calls $1.44B puts

Defense Modernization

163 stocks · 4 sub-themes

$6.84B calls $6.93B puts

Reuse, Repair & Circular Economy

$836M calls $923M puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$3.51B calls $3.6B puts

Solar

$282M calls $366M puts

Defense Modernization

Drones & Counter-Drone

$190M calls $273M puts

Advanced Packaging

$46.5M calls $114M puts

3D Printing & Additive Manufacturing

$145M calls $211M puts

Agentic AI Security

$278M calls $338M puts

Streaming & Digital Media

News Media

$89.3M calls $146M puts

Artificial Intelligence

AI Software & Applications

$20.1M calls $61.5M puts

Artificial Intelligence

Agentic AI

$899M calls $926M puts

Sports Betting & iGaming

$39.7M calls $52.2M puts

Corporate Crypto Treasuries

$151M calls $162M puts

Digital Payments & Fintech

Neobanks

$165M calls $176M puts

Small Modular Reactors

$22.2M calls $31M puts

Uranium Mining & Enrichment

$23.2M calls $31.9M puts

Cannabis

$3.23M calls $8.89M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$42.4M calls $43.1M puts

Infrastructure & Construction

Green Building

$2.92M calls $3.2M puts

Wind

$85K calls $0 puts

Bitcoin Miners

$1.07M calls $814K puts

Virtual & Augmented Reality

$11.5M calls $11M puts

Digital Payments & Fintech

Buy Now Pay Later

$1.47M calls $859K puts

Launch Services

$2.04M calls $394K puts

Water Infrastructure

$66.7M calls $62.2M puts

Satellite Communications

$28.2M calls $23.1M puts

Critical Minerals & Rare Earths

$19.4M calls $13.9M puts

Sanitation

$26.7M calls $17.8M puts

Agriculture & Food Technology

Plant-Based Foods

$114M calls $99.3M puts

Electrification & Grid

Transmission Buildout

$28.2M calls $5.71M puts

Cybersecurity

85 stocks · 3 sub-themes

$2.59B calls $2.56B puts

Internet of Things

Smart Home

$63.4M calls $33.5M puts

Identity Security

$57.2M calls $25.1M puts

Data Centers & Digital Infrastructure

Power for AI

$184M calls $148M puts

Electrification & Grid

Grid Equipment

$178M calls $142M puts

Photonics & Optical Interconnect

$140M calls $102M puts

Electric Vehicles

EV Charging Infrastructure

$655M calls $614M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$283M calls $240M puts

Firearms

$151M calls $79.5M puts

Future of Education

$302M calls $187M puts

Digital Assets

160 stocks · 4 sub-themes

$603M calls $482M puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$603M calls $472M puts

GLP-1 & Obesity

Obesity Second-Order Effects

$1.39B calls $1.25B puts

Luxury & Affluent Consumer

$991M calls $842M puts

Lithium & Battery Materials

$230M calls $62.3M puts

Stablecoin Infrastructure

$428M calls $260M puts

Oilfield Services

$3.37B calls $3.2B puts

Water

67 stocks · 2 sub-themes

$999M calls $820M puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.11B calls $1.92B puts

Pet Economy

$2.02B calls $1.83B puts

Small Business Economy

$594M calls $378M puts

Semicap & Lithography

$594M calls $370M puts

Defense Modernization

Military Shipbuilding

$434M calls $209M puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$7.69B calls $7.43B puts

Food Delivery

$680M calls $366M puts

Carbon & Pollution Control

$909M calls $533M puts

Artificial Intelligence

AI Inference Silicon

$1.56B calls $1.15B puts

Nuclear Energy

61 stocks · 2 sub-themes

$1.06B calls $615M puts

Video Games & Esports

$4.77B calls $4.2B puts

Internet of Things

Wearables

$12.6B calls $12B puts

Artificial Intelligence

Chinese AI

$4.99B calls $4.26B puts

Gold & Precious Metals

Gold & Silver Miners

$5.03B calls $4.28B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$5.04B calls $4.29B puts

LNG

$2.36B calls $1.58B puts

Sin Stocks

78 stocks · 4 sub-themes

$5.58B calls $4.59B puts

Internet of Things

99 stocks · 2 sub-themes

$14.7B calls $13.6B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$23.8B calls $22.7B puts

Alcohol

$2.69B calls $1.34B puts

SaaS & Enterprise Software

$11.5B calls $9.95B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$30.6B calls $28.6B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$17.6B calls $15.4B puts

Cloud Computing

64 stocks · 1 sub-theme

$28.1B calls $25.9B puts

Marketplaces

$28.1B calls $25.7B puts

E-Commerce

240 stocks · 2 sub-themes

$30.3B calls $27.3B puts

Oil & Gas

361 stocks · 2 sub-themes

$23.8B calls $20.4B puts