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
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25
50
100
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50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Online Travel & Experiences
| $3.9B | $9.34B | $5.44B | 1.72 | 32 |
|
| 2 |
Electrification & Grid
Energy Storage
| $2.21B | $5.21B | $3B | 1.74 | 26 |
|
| 3 |
Autonomous Driving
| $2.15B | $5.19B | $3.04B | 1.71 | 53 |
|
| 4 |
Immunotherapy & Oncology
| $2.14B | $14.3B | $12.1B | 1.18 | 388 |
|
| 5 |
Electrification & Grid
| $2.13B | $5.37B | $3.24B | 1.66 | 59 |
|
| 6 |
Electric Vehicles
| $2.12B | $8.06B | $5.94B | 1.36 | 124 |
|
| 7 |
Medical Devices & Diagnostics
| $1.88B | $8.97B | $7.09B | 1.27 | 342 |
|
| 8 |
Artificial Intelligence
AI Memory & HBM
| $1.17B | $2.49B | $1.32B | 1.89 | 12 |
|
| 9 |
Streaming & Digital Media
| $1.16B | $27.5B | $26.3B | 1.04 | 120 |
|
| 10 |
Infrastructure & Construction
| $1.06B | $3.76B | $2.7B | 1.39 | 127 |
|
| 11 |
Longevity & Aging Population
| $1.04B | $3.02B | $1.98B | 1.53 | 60 |
|
| 12 |
Semiconductors
| $970M | $13.4B | $12.5B | 1.08 | 178 |
|
| 13 |
Copper & Industrial Metals
| $772M | $3.53B | $2.75B | 1.28 | 79 |
|
| 14 |
Defense Modernization
| $702M | $6.9B | $6.2B | 1.11 | 163 |
|
| 15 |
Oil & Gas
Oilfield Services
| $588M | $3.59B | $3B | 1.2 | 88 |
|
| 16 |
Agriculture & Food Technology
Precision Agriculture
| $482M | $1.23B | $749M | 1.64 | 4 |
|
| 17 |
Agriculture & Food Technology
| $432M | $1.73B | $1.3B | 1.33 | 79 |
|
| 18 |
Space Economy
| $429M | $1.12B | $686M | 1.63 | 64 |
|
| 19 |
Housing & Home Improvement
Home & Garden Retail
| $387M | $3.02B | $2.64B | 1.15 | 30 |
|
| 20 |
Clean Energy
| $382M | $2.15B | $1.77B | 1.22 | 134 |
|
| 21 |
Cybersecurity
| $340M | $2.72B | $2.38B | 1.14 | 85 |
|
| 22 |
Housing & Home Improvement
| $299M | $4.2B | $3.9B | 1.08 | 223 |
|
| 23 |
Cloud Computing
Edge Computing
| $296M | $582M | $286M | 2.03 | 11 |
|
| 24 |
Clean Energy
Hydrogen & Fuel Cells
| $286M | $432M | $146M | 2.96 | 13 |
|
| 25 |
Artificial Intelligence
Agentic AI
| $255M | $1.04B | $780M | 1.33 | 13 |
|
| 26 |
Digital Health & Telemedicine
| $251M | $1.1B | $847M | 1.3 | 84 |
|
| 27 |
Sin Stocks
Tobacco & Nicotine
| $242M | $1.55B | $1.31B | 1.18 | 13 |
|
| 28 |
Luxury & Affluent Consumer
| $238M | $1.34B | $1.1B | 1.22 | 40 |
|
| 29 |
Pet Economy
| $236M | $2.52B | $2.29B | 1.1 | 34 |
|
| 30 |
Genomics & Gene Editing
Gene Therapy
| $211M | $1.01B | $803M | 1.26 | 131 |
|
| 31 |
Clean Energy
Solar
| $202M | $463M | $261M | 1.77 | 54 |
|
| 32 |
Defense Modernization
Munitions Restocking
| $185M | $903M | $718M | 1.26 | 11 |
|
| 33 |
Defense Modernization
Defense Tech & C4ISR
| $164M | $1.35B | $1.18B | 1.14 | 53 |
|
| 34 |
Housing & Home Improvement
Homebuilders
| $156M | $501M | $345M | 1.45 | 45 |
|
| 35 |
Data Centers & Digital Infrastructure
| $124M | $627M | $503M | 1.25 | 78 |
|
| 36 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $122M | $322M | $200M | 1.61 | 19 |
|
| 37 |
Semiconductors
Advanced Packaging
| $122M | $163M | $41M | 3.98 | 10 |
|
| 38 |
3D Printing & Additive Manufacturing
| $91M | $332M | $241M | 1.38 | 20 |
|
| 39 |
Defense Modernization
Drones & Counter-Drone
| $85.5M | $261M | $176M | 1.49 | 30 |
|
| 40 |
Semiconductors
Analog & Power Semis
| $73.8M | $1.35B | $1.27B | 1.06 | 27 |
|
| 41 |
Reshoring & American Manufacturing
| $73.2M | $140M | $67.1M | 2.09 | 20 |
|
| 42 |
Sin Stocks
Casinos
| $40.6M | $1.9B | $1.86B | 1.02 | 24 |
|
| 43 |
Digital Assets
Corporate Crypto Treasuries
| $40.3M | $155M | $115M | 1.35 | 63 |
|
| 44 |
Artificial Intelligence
AI Software & Applications
| $35.2M | $48.3M | $13.1M | 3.69 | 85 |
|
| 45 |
Digital Payments & Fintech
Neobanks
| $31.2M | $170M | $139M | 1.22 | 25 |
|
| 46 |
Cybersecurity
Agentic AI Security
| $24.3M | $398M | $374M | 1.07 | 2 |
|
| 47 |
Nuclear Energy
Small Modular Reactors
| $24M | $45.6M | $21.6M | 2.11 | 12 |
|
| 48 |
Nuclear Energy
Uranium Mining & Enrichment
| $23.9M | $46.5M | $22.6M | 2.06 | 20 |
|
| 49 |
Agriculture & Food Technology
Plant-Based Foods
| $19.1M | $110M | $90.8M | 1.21 | 17 |
|
| 50 |
Sports Betting & iGaming
| $18.1M | $62.2M | $44.1M | 1.41 | 29 |
|
| 51 |
Streaming & Digital Media
News Media
| $12.8M | $125M | $112M | 1.11 | 26 |
|
| 52 |
Digital Payments & Fintech
Buy Now Pay Later
| $6.02M | $8.72M | $2.71M | 3.22 | 13 |
|
| 53 |
Electric Vehicles
EV Charging Infrastructure
| $4.68M | $464M | $459M | 1.01 | 21 |
|
| 54 |
Infrastructure & Construction
Green Building
| $693K | $4.13M | $3.43M | 1.2 | 5 |
|
| 55 |
Clean Energy
Wind
| -$135K | $0 | $135K | 0 | 9 |
|
| 56 |
Space Economy
Launch Services
| -$294K | $407K | $701K | 0.58 | 5 |
|
| 57 |
Virtual & Augmented Reality
| -$718K | $25.1M | $25.8M | 0.97 | 20 |
|
| 58 |
Digital Assets
Bitcoin Miners
| -$793K | $233K | $1.03M | 0.23 | 40 |
|
| 59 |
Water
Sanitation
| -$2.28M | $15.9M | $18.2M | 0.87 | 8 |
|
| 60 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$2.58M | $18.1M | $20.6M | 0.88 | 9 |
|
| 61 |
Space Economy
Satellite Communications
| -$3.68M | $28.4M | $32.1M | 0.89 | 16 |
|
| 62 |
Water
Water Infrastructure
| -$8.89M | $47.2M | $56.1M | 0.84 | 17 |
|
| 63 |
Electrification & Grid
Transmission Buildout
| -$15.4M | $15.8M | $31.2M | 0.51 | 6 |
|
| 64 |
Cybersecurity
Identity Security
| -$16.9M | $30.8M | $47.7M | 0.65 | 15 |
|
| 65 |
Genomics & Gene Editing
| -$22.7M | $2.48B | $2.5B | 0.99 | 199 |
|
| 66 |
Cannabis
| -$24.5M | $3.15M | $27.7M | 0.11 | 52 |
|
| 67 |
Quantum Computing
| -$26.6M | $2.23B | $2.26B | 0.99 | 19 |
|
| 68 |
Internet of Things
Smart Home
| -$31.9M | $22.4M | $54.3M | 0.41 | 17 |
|
| 69 |
Critical Minerals & Rare Earths
| -$32M | $9.8M | $41.8M | 0.23 | 60 |
|
| 70 |
Nuclear Energy
| -$34.2M | $520M | $554M | 0.94 | 61 |
|
| 71 |
Sin Stocks
Firearms
| -$37.6M | $76.8M | $114M | 0.67 | 12 |
|
| 72 |
Lithium & Battery Materials
| -$47.1M | $69.4M | $116M | 0.6 | 47 |
|
| 73 |
Electrification & Grid
Grid Equipment
| -$51M | $142M | $193M | 0.73 | 10 |
|
| 74 |
Semiconductors
Semicap & Lithography
| -$54.2M | $439M | $494M | 0.89 | 21 |
|
| 75 |
Semiconductors
Photonics & Optical Interconnect
| -$69.5M | $135M | $205M | 0.66 | 20 |
|
| 76 |
Digital Assets
| -$71.4M | $500M | $571M | 0.88 | 160 |
|
| 77 |
Data Centers & Digital Infrastructure
Power for AI
| -$72.7M | $148M | $220M | 0.67 | 22 |
|
| 78 |
Digital Assets
Stablecoin Infrastructure
| -$74.2M | $301M | $375M | 0.8 | 9 |
|
| 79 |
Water
| -$126M | $910M | $1.04B | 0.88 | 67 |
|
| 80 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$142M | $473M | $614M | 0.77 | 3 |
|
| 81 |
Cloud Computing
| -$142M | $31.6B | $31.7B | 1 | 64 |
|
| 82 |
Small Business Economy
| -$178M | $388M | $566M | 0.69 | 58 |
|
| 83 |
Health & Wellness
| -$201M | $1.5B | $1.7B | 0.88 | 78 |
|
| 84 |
Oil & Gas
LNG
| -$237M | $1.69B | $1.93B | 0.88 | 32 |
|
| 85 |
Gold & Precious Metals
| -$251M | $4.21B | $4.46B | 0.94 | 133 |
|
| 86 |
Gold & Precious Metals
Gold & Silver Miners
| -$254M | $4.2B | $4.45B | 0.94 | 124 |
|
| 87 |
Energy Efficiency
| -$265M | $739M | $1B | 0.74 | 31 |
|
| 88 |
Future of Education
| -$275M | $228M | $504M | 0.45 | 77 |
|
| 89 |
Defense Modernization
Military Shipbuilding
| -$282M | $236M | $518M | 0.46 | 6 |
|
| 90 |
Robotics & Automation
| -$309M | $726M | $1.04B | 0.7 | 83 |
|
| 91 |
Robotics & Automation
Industrial Automation
| -$325M | $619M | $945M | 0.66 | 16 |
|
| 92 |
E-Commerce
Food Delivery
| -$462M | $371M | $833M | 0.45 | 12 |
|
| 93 |
Artificial Intelligence
AI Inference Silicon
| -$477M | $1.85B | $2.33B | 0.79 | 7 |
|
| 94 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$580M | $1.08B | $1.66B | 0.65 | 26 |
|
| 95 |
Carbon & Pollution Control
| -$638M | $640M | $1.28B | 0.5 | 23 |
|
| 96 |
SaaS & Enterprise Software
| -$682M | $10.6B | $11.3B | 0.94 | 266 |
|
| 97 |
GLP-1 & Obesity
| -$695M | $7.51B | $8.21B | 0.92 | 92 |
|
| 98 |
Reuse, Repair & Circular Economy
| -$708M | $683M | $1.39B | 0.49 | 68 |
|
| 99 |
Video Games & Esports
| -$827M | $4.38B | $5.21B | 0.84 | 55 |
|
| 100 |
Sin Stocks
| -$1.01B | $5.26B | $6.27B | 0.84 | 78 |
|
| 101 |
Sin Stocks
Alcohol
| -$1.26B | $1.72B | $2.98B | 0.58 | 24 |
|
| 102 |
Internet of Things
Wearables
| -$1.68B | $15.3B | $17B | 0.9 | 21 |
|
| 103 |
Social Media & Creator Economy
| -$1.75B | $18.7B | $20.5B | 0.91 | 45 |
|
| 104 |
Artificial Intelligence
Chinese AI
| -$1.81B | $5.89B | $7.7B | 0.76 | 14 |
|
| 105 |
Artificial Intelligence
| -$2.05B | $34.3B | $36.3B | 0.94 | 264 |
|
| 106 |
Internet of Things
| -$2.31B | $17.9B | $20.2B | 0.89 | 99 |
|
| 107 |
Digital Payments & Fintech
| -$4.16B | $18.1B | $22.2B | 0.81 | 148 |
|
| 108 |
E-Commerce
Marketplaces
| -$4.37B | $32.2B | $36.5B | 0.88 | 106 |
|
| 109 |
Oil & Gas
| -$4.55B | $21.6B | $26.2B | 0.83 | 361 |
|
| 110 |
E-Commerce
| -$5.19B | $33.9B | $39.1B | 0.87 | 240 |
|