Themes With The Most
Fund Call 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

E-Commerce

240 stocks · 2 sub-themes

$39.1B calls $33.9B puts

Oil & Gas

361 stocks · 2 sub-themes

$26.2B calls $21.6B puts

Marketplaces

$36.5B calls $32.2B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$22.2B calls $18.1B puts

Internet of Things

99 stocks · 2 sub-themes

$20.2B calls $17.9B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$36.3B calls $34.3B puts

Artificial Intelligence

Chinese AI

$7.7B calls $5.89B puts

Internet of Things

Wearables

$17B calls $15.3B puts

Alcohol

$2.98B calls $1.72B puts

Sin Stocks

78 stocks · 4 sub-themes

$6.27B calls $5.26B puts

Video Games & Esports

$5.21B calls $4.38B puts

Reuse, Repair & Circular Economy

$1.39B calls $683M puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$8.21B calls $7.51B puts

SaaS & Enterprise Software

$11.3B calls $10.6B puts

Carbon & Pollution Control

$1.28B calls $640M puts

GLP-1 & Obesity

Obesity Second-Order Effects

$1.66B calls $1.08B puts

Artificial Intelligence

AI Inference Silicon

$2.33B calls $1.85B puts

Food Delivery

$833M calls $371M puts

Robotics & Automation

Industrial Automation

$945M calls $619M puts

Robotics & Automation

83 stocks · 3 sub-themes

$1.04B calls $726M puts

Defense Modernization

Military Shipbuilding

$518M calls $236M puts

Future of Education

$504M calls $228M puts

Energy Efficiency

$1B calls $739M puts

Gold & Precious Metals

Gold & Silver Miners

$4.45B calls $4.2B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$4.46B calls $4.21B puts

LNG

$1.93B calls $1.69B puts

Health & Wellness

$1.7B calls $1.5B puts

Small Business Economy

$566M calls $388M puts

Cloud Computing

64 stocks · 1 sub-theme

$31.7B calls $31.6B puts

Robotics & Automation

Warehouse & Logistics Robotics

$614M calls $473M puts

Water

67 stocks · 2 sub-themes

$1.04B calls $910M puts

Stablecoin Infrastructure

$375M calls $301M puts

Data Centers & Digital Infrastructure

Power for AI

$220M calls $148M puts

Digital Assets

160 stocks · 4 sub-themes

$571M calls $500M puts

Photonics & Optical Interconnect

$205M calls $135M puts

Semicap & Lithography

$494M calls $439M puts

Electrification & Grid

Grid Equipment

$193M calls $142M puts

Lithium & Battery Materials

$116M calls $69.4M puts

Firearms

$114M calls $76.8M puts

Nuclear Energy

61 stocks · 2 sub-themes

$554M calls $520M puts

Critical Minerals & Rare Earths

$41.8M calls $9.8M puts

Internet of Things

Smart Home

$54.3M calls $22.4M puts

Quantum Computing

$2.26B calls $2.23B puts

Cannabis

$27.7M calls $3.15M puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.5B calls $2.48B puts

Identity Security

$47.7M calls $30.8M puts

Electrification & Grid

Transmission Buildout

$31.2M calls $15.8M puts

Water Infrastructure

$56.1M calls $47.2M puts

Satellite Communications

$32.1M calls $28.4M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$20.6M calls $18.1M puts

Sanitation

$18.2M calls $15.9M puts

Bitcoin Miners

$1.03M calls $233K puts

Virtual & Augmented Reality

$25.8M calls $25.1M puts

Launch Services

$701K calls $407K puts

Wind

$135K calls $0 puts

Infrastructure & Construction

Green Building

$3.43M calls $4.13M puts

Electric Vehicles

EV Charging Infrastructure

$459M calls $464M puts

Digital Payments & Fintech

Buy Now Pay Later

$2.71M calls $8.72M puts

Streaming & Digital Media

News Media

$112M calls $125M puts

Sports Betting & iGaming

$44.1M calls $62.2M puts

Agriculture & Food Technology

Plant-Based Foods

$90.8M calls $110M puts

Uranium Mining & Enrichment

$22.6M calls $46.5M puts

Small Modular Reactors

$21.6M calls $45.6M puts

Agentic AI Security

$374M calls $398M puts

Digital Payments & Fintech

Neobanks

$139M calls $170M puts

Artificial Intelligence

AI Software & Applications

$13.1M calls $48.3M puts

Corporate Crypto Treasuries

$115M calls $155M puts

Casinos

$1.86B calls $1.9B puts

Reshoring & American Manufacturing

$67.1M calls $140M puts

Analog & Power Semis

$1.27B calls $1.35B puts

Defense Modernization

Drones & Counter-Drone

$176M calls $261M puts

3D Printing & Additive Manufacturing

$241M calls $332M puts

Advanced Packaging

$41M calls $163M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$200M calls $322M puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$503M calls $627M puts

Housing & Home Improvement

Homebuilders

$345M calls $501M puts

Defense Modernization

Defense Tech & C4ISR

$1.18B calls $1.35B puts

Defense Modernization

Munitions Restocking

$718M calls $903M puts

Solar

$261M calls $463M puts

Genomics & Gene Editing

Gene Therapy

$803M calls $1.01B puts

Pet Economy

$2.29B calls $2.52B puts

Luxury & Affluent Consumer

$1.1B calls $1.34B puts

Tobacco & Nicotine

$1.31B calls $1.55B puts

Digital Health & Telemedicine

$847M calls $1.1B puts

Artificial Intelligence

Agentic AI

$780M calls $1.04B puts

Hydrogen & Fuel Cells

$146M calls $432M puts

Cloud Computing

Edge Computing

$286M calls $582M puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$3.9B calls $4.2B puts

Cybersecurity

85 stocks · 3 sub-themes

$2.38B calls $2.72B puts

Clean Energy

134 stocks · 3 sub-themes

$1.77B calls $2.15B puts

Housing & Home Improvement

Home & Garden Retail

$2.64B calls $3.02B puts

Space Economy

64 stocks · 3 sub-themes

$686M calls $1.12B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$1.3B calls $1.73B puts

Agriculture & Food Technology

Precision Agriculture

$749M calls $1.23B puts

Oilfield Services

$3B calls $3.59B puts

Defense Modernization

163 stocks · 4 sub-themes

$6.2B calls $6.9B puts

Copper & Industrial Metals

$2.75B calls $3.53B puts

Semiconductors

178 stocks · 4 sub-themes

$12.5B calls $13.4B puts

Longevity & Aging Population

$1.98B calls $3.02B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$2.7B calls $3.76B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$26.3B calls $27.5B puts

Artificial Intelligence

AI Memory & HBM

$1.32B calls $2.49B puts

Medical Devices & Diagnostics

$7.09B calls $8.97B puts

Electric Vehicles

124 stocks · 1 sub-theme

$5.94B calls $8.06B puts

Electrification & Grid

59 stocks · 3 sub-themes

$3.24B calls $5.37B puts

Immunotherapy & Oncology

$12.1B calls $14.3B puts

Autonomous Driving

53 stocks · 1 sub-theme

$3.04B calls $5.19B puts

Electrification & Grid

Energy Storage

$3B calls $5.21B puts

Online Travel & Experiences

$5.44B calls $9.34B puts