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

Cloud Computing

64 stocks · 1 sub-theme

$29.2B calls $35.2B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$33.6B calls $39B puts

E-Commerce

240 stocks · 2 sub-themes

$33.2B calls $38.2B puts

Marketplaces

$30.8B calls $35.5B puts

Online Travel & Experiences

$5.13B calls $9.13B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$28.4B calls $32.1B puts

Autonomous Driving

53 stocks · 1 sub-theme

$3.71B calls $7.26B puts

Electrification & Grid

Energy Storage

$3.66B calls $7.18B puts

Semiconductors

178 stocks · 4 sub-themes

$11.7B calls $15.1B puts

Electrification & Grid

59 stocks · 3 sub-themes

$3.96B calls $7.37B puts

Defense Modernization

163 stocks · 4 sub-themes

$5.95B calls $8.71B puts

Electric Vehicles

124 stocks · 1 sub-theme

$8.83B calls $11.4B puts

Medical Devices & Diagnostics

$5.92B calls $8.26B puts

Internet of Things

Wearables

$15.1B calls $17.4B puts

Immunotherapy & Oncology

$12.1B calls $14.2B puts

Internet of Things

99 stocks · 2 sub-themes

$18B calls $19.9B puts

Artificial Intelligence

AI Memory & HBM

$1.41B calls $3.04B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$2.84B calls $4.43B puts

Oilfield Services

$3.56B calls $4.97B puts

Copper & Industrial Metals

$3.61B calls $4.68B puts

Agriculture & Food Technology

Precision Agriculture

$696M calls $1.75B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$7.35B calls $8.21B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$1.57B calls $2.41B puts

Health & Wellness

$1.06B calls $1.9B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$20.7B calls $21.5B puts

Defense Modernization

Defense Tech & C4ISR

$1.22B calls $1.92B puts

Space Economy

64 stocks · 3 sub-themes

$685M calls $1.36B puts

Clean Energy

134 stocks · 3 sub-themes

$1.78B calls $2.32B puts

Artificial Intelligence

Agentic AI

$746M calls $1.25B puts

Cloud Computing

Edge Computing

$322M calls $799M puts

Tobacco & Nicotine

$1.48B calls $1.95B puts

Pet Economy

$2.09B calls $2.52B puts

Quantum Computing

$2.07B calls $2.48B puts

Cybersecurity

85 stocks · 3 sub-themes

$2.48B calls $2.88B puts

Defense Modernization

Munitions Restocking

$793M calls $1.2B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$1.08B calls $1.43B puts

Hydrogen & Fuel Cells

$82.4M calls $400M puts

Digital Health & Telemedicine

$1.19B calls $1.48B puts

Defense Modernization

Drones & Counter-Drone

$219M calls $471M puts

Artificial Intelligence

Chinese AI

$5.2B calls $5.43B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$4.21B calls $4.42B puts

Agentic AI Security

$307M calls $500M puts

Analog & Power Semis

$1.21B calls $1.41B puts

Solar

$196M calls $376M puts

Housing & Home Improvement

Home & Garden Retail

$3.02B calls $3.19B puts

Housing & Home Improvement

Homebuilders

$345M calls $519M puts

Future of Education

$213M calls $372M puts

Luxury & Affluent Consumer

$621M calls $759M puts

Digital Payments & Fintech

Neobanks

$143M calls $246M puts

Longevity & Aging Population

$3.56B calls $3.65B puts

3D Printing & Additive Manufacturing

$143M calls $231M puts

Small Business Economy

$584M calls $673M puts

Corporate Crypto Treasuries

$101M calls $185M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$182M calls $261M puts

Advanced Packaging

$39.2M calls $106M puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$522M calls $578M puts

Semicap & Lithography

$457M calls $501M puts

Digital Assets

160 stocks · 4 sub-themes

$499M calls $539M puts

Artificial Intelligence

AI Software & Applications

$16.5M calls $52.8M puts

Uranium Mining & Enrichment

$30.3M calls $59.1M puts

Small Modular Reactors

$29.4M calls $51.1M puts

Digital Payments & Fintech

Buy Now Pay Later

$4.17M calls $21.7M puts

Sports Betting & iGaming

$37M calls $52.7M puts

Reshoring & American Manufacturing

$87.2M calls $98.8M puts

Infrastructure & Construction

Green Building

$6.27M calls $14.7M puts

Defense Modernization

Military Shipbuilding

$467M calls $474M puts

Virtual & Augmented Reality

$23.3M calls $30.1M puts

Internet of Things

Smart Home

$31.3M calls $37.6M puts

Agriculture & Food Technology

Plant-Based Foods

$146M calls $152M puts

Wind

$335K calls $6K puts

Identity Security

$21.9M calls $21.2M puts

Bitcoin Miners

$1.8M calls $894K puts

Launch Services

$2.64M calls $628K puts

Satellite Communications

$34.6M calls $28.9M puts

Water Infrastructure

$61.9M calls $54.5M puts

Sanitation

$21.5M calls $13.3M puts

Firearms

$72.7M calls $61.6M puts

Streaming & Digital Media

News Media

$146M calls $129M puts

Electric Vehicles

EV Charging Infrastructure

$536M calls $516M puts

Critical Minerals & Rare Earths

$37.6M calls $15.5M puts

Stablecoin Infrastructure

$349M calls $325M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$46.1M calls $17M puts

Cannabis

$42.4M calls $11.8M puts

Water

67 stocks · 2 sub-themes

$1.2B calls $1.17B puts

Nuclear Energy

61 stocks · 2 sub-themes

$564M calls $527M puts

Electrification & Grid

Transmission Buildout

$58.8M calls $15.6M puts

Electrification & Grid

Grid Equipment

$212M calls $162M puts

Data Centers & Digital Infrastructure

Power for AI

$234M calls $177M puts

Genomics & Gene Editing

Gene Therapy

$450M calls $384M puts

Gold & Precious Metals

Gold & Silver Miners

$4.19B calls $4.12B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$4.19B calls $4.12B puts

Lithium & Battery Materials

$116M calls $44.3M puts

Photonics & Optical Interconnect

$227M calls $112M puts

Artificial Intelligence

AI Inference Silicon

$1.75B calls $1.6B puts

SaaS & Enterprise Software

$11.9B calls $11.7B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.31B calls $2.01B puts

Robotics & Automation

Warehouse & Logistics Robotics

$761M calls $425M puts

Carbon & Pollution Control

$1.11B calls $748M puts

Oil & Gas

361 stocks · 2 sub-themes

$26.5B calls $26.1B puts

Energy Efficiency

$1.09B calls $693M puts

Robotics & Automation

83 stocks · 3 sub-themes

$1.25B calls $809M puts

Casinos

$2.42B calls $1.93B puts

Robotics & Automation

Industrial Automation

$1.13B calls $619M puts

LNG

$2.25B calls $1.66B puts

Food Delivery

$992M calls $400M puts

Video Games & Esports

$5.68B calls $4.96B puts

Reuse, Repair & Circular Economy

$1.73B calls $946M puts

Alcohol

$2.27B calls $1.09B puts

Sin Stocks

78 stocks · 4 sub-themes

$6.26B calls $5.05B puts