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

Oil & Gas

361 stocks · 2 sub-themes

$16.8B calls $23B puts

Electric Vehicles

124 stocks · 1 sub-theme

$10.8B calls $16.9B puts

Marketplaces

$36.7B calls $41.5B puts

Semiconductors

178 stocks · 4 sub-themes

$16.3B calls $20.6B puts

Electrification & Grid

59 stocks · 3 sub-themes

$6.52B calls $10.7B puts

Electrification & Grid

Energy Storage

$6.25B calls $10.5B puts

Autonomous Driving

53 stocks · 1 sub-theme

$6.34B calls $10.5B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$34.9B calls $38.8B puts

E-Commerce

240 stocks · 2 sub-themes

$39.5B calls $43.3B puts

Cloud Computing

64 stocks · 1 sub-theme

$40.1B calls $43.5B puts

Internet of Things

99 stocks · 2 sub-themes

$17.7B calls $20.5B puts

Online Travel & Experiences

$5.87B calls $7.87B puts

Internet of Things

Wearables

$14.3B calls $16.2B puts

Defense Modernization

163 stocks · 4 sub-themes

$5.01B calls $6.82B puts

Medical Devices & Diagnostics

$6.06B calls $7.86B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$6.15B calls $7.91B puts

Oilfield Services

$2.42B calls $3.84B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$46.1B calls $47.3B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$2.77B calls $3.78B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$3.46B calls $4.46B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$769M calls $1.77B puts

Gold & Precious Metals

Gold & Silver Miners

$3.45B calls $4.45B puts

Health & Wellness

$1.09B calls $2.01B puts

Video Games & Esports

$5.56B calls $6.42B puts

Copper & Industrial Metals

$3.59B calls $4.37B puts

Clean Energy

134 stocks · 3 sub-themes

$1.89B calls $2.44B puts

Tobacco & Nicotine

$1.28B calls $1.77B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$1.1B calls $1.54B puts

Quantum Computing

$1.52B calls $1.95B puts

Analog & Power Semis

$1.2B calls $1.61B puts

Robotics & Automation

83 stocks · 3 sub-themes

$917M calls $1.32B puts

Agriculture & Food Technology

Precision Agriculture

$610M calls $1B puts

Digital Health & Telemedicine

$961M calls $1.34B puts

Space Economy

64 stocks · 3 sub-themes

$598M calls $966M puts

Immunotherapy & Oncology

$13.2B calls $13.6B puts

Artificial Intelligence

AI Memory & HBM

$1.49B calls $1.83B puts

Luxury & Affluent Consumer

$480M calls $822M puts

Future of Education

$619M calls $960M puts

Defense Modernization

Defense Tech & C4ISR

$904M calls $1.2B puts

Hydrogen & Fuel Cells

$125M calls $380M puts

Agentic AI Security

$382M calls $627M puts

Energy Efficiency

$729M calls $939M puts

Robotics & Automation

Warehouse & Logistics Robotics

$291M calls $484M puts

Defense Modernization

Munitions Restocking

$650M calls $827M puts

Small Business Economy

$580M calls $746M puts

Internet of Things

Smart Home

$109M calls $272M puts

Electric Vehicles

EV Charging Infrastructure

$450M calls $612M puts

Artificial Intelligence

Agentic AI

$979M calls $1.12B puts

Cloud Computing

Edge Computing

$265M calls $377M puts

Defense Modernization

Military Shipbuilding

$303M calls $409M puts

Advanced Packaging

$66.1M calls $169M puts

Defense Modernization

Drones & Counter-Drone

$200M calls $293M puts

Solar

$405M calls $495M puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$525M calls $609M puts

3D Printing & Additive Manufacturing

$136M calls $217M puts

Corporate Crypto Treasuries

$76.3M calls $156M puts

LNG

$1.48B calls $1.56B puts

Robotics & Automation

Industrial Automation

$730M calls $790M puts

Semicap & Lithography

$703M calls $759M puts

Digital Payments & Fintech

Buy Now Pay Later

$8.79M calls $62.6M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$189M calls $239M puts

Carbon & Pollution Control

$580M calls $625M puts

Artificial Intelligence

AI Inference Silicon

$1.17B calls $1.21B puts

Nuclear Energy

61 stocks · 2 sub-themes

$563M calls $599M puts

Lithium & Battery Materials

$72.7M calls $105M puts

Artificial Intelligence

AI Software & Applications

$26.5M calls $48.8M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$40.6M calls $62.8M puts

Electrification & Grid

Transmission Buildout

$35M calls $53.4M puts

Satellite Communications

$27.1M calls $43.5M puts

Water Infrastructure

$80.8M calls $96.2M puts

Data Centers & Digital Infrastructure

Power for AI

$234M calls $245M puts

Streaming & Digital Media

News Media

$216M calls $225M puts

Uranium Mining & Enrichment

$24.2M calls $30M puts

Virtual & Augmented Reality

$42.1M calls $46.5M puts

Launch Services

$1.11M calls $5.28M puts

Small Modular Reactors

$22.3M calls $25.8M puts

Electrification & Grid

Grid Equipment

$209M calls $213M puts

Cannabis

$8.92M calls $12.2M puts

Wind

$918K calls $3.77M puts

Identity Security

$36.2M calls $37.3M puts

Bitcoin Miners

$1.96M calls $1M puts

Critical Minerals & Rare Earths

$24M calls $20.6M puts

Infrastructure & Construction

Green Building

$15.4M calls $6.38M puts

Longevity & Aging Population

$1.77B calls $1.76B puts

Sanitation

$28.9M calls $10.4M puts

Reshoring & American Manufacturing

$78.2M calls $57.8M puts

Agriculture & Food Technology

Plant-Based Foods

$104M calls $81.8M puts

Firearms

$134M calls $110M puts

Digital Assets

160 stocks · 4 sub-themes

$749M calls $722M puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.45B calls $2.41B puts

Housing & Home Improvement

Homebuilders

$479M calls $429M puts

Cybersecurity

85 stocks · 3 sub-themes

$2.83B calls $2.77B puts

Artificial Intelligence

Chinese AI

$8.59B calls $8.53B puts

Sports Betting & iGaming

$134M calls $68.5M puts

SaaS & Enterprise Software

$12.6B calls $12.5B puts

Stablecoin Infrastructure

$609M calls $498M puts

Digital Payments & Fintech

Neobanks

$366M calls $242M puts

Genomics & Gene Editing

Gene Therapy

$483M calls $270M puts

Photonics & Optical Interconnect

$565M calls $290M puts

Casinos

$2.21B calls $1.89B puts

Water

67 stocks · 2 sub-themes

$1.3B calls $847M puts

Food Delivery

$1.36B calls $758M puts

Reuse, Repair & Circular Economy

$1.58B calls $958M puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$21.5B calls $20.6B puts

Pet Economy

$4.05B calls $2.68B puts

Housing & Home Improvement

Home & Garden Retail

$4.72B calls $3.24B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$6.2B calls $4.31B puts

Sin Stocks

78 stocks · 4 sub-themes

$9.45B calls $5.67B puts

Alcohol

$5.82B calls $1.88B puts