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
5
10
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50
100
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50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
E-Commerce
Marketplaces
| $15.6B | $60.9B | $45.2B | 1.35 | 106 |
|
| 2 |
E-Commerce
| $13.6B | $63.5B | $50B | 1.27 | 240 |
|
| 3 |
Cloud Computing
| $9.72B | $62.6B | $52.9B | 1.18 | 64 |
|
| 4 |
Internet of Things
Wearables
| $8.07B | $21.9B | $13.8B | 1.58 | 21 |
|
| 5 |
Streaming & Digital Media
| $7.37B | $54.8B | $47.4B | 1.16 | 120 |
|
| 6 |
Digital Payments & Fintech
| $7.11B | $30.5B | $23.3B | 1.3 | 148 |
|
| 7 |
Oil & Gas
| $6.14B | $25.7B | $19.5B | 1.31 | 361 |
|
| 8 |
Electrification & Grid
Energy Storage
| $5.66B | $11.5B | $5.89B | 1.96 | 26 |
|
| 9 |
Autonomous Driving
| $5.62B | $11.7B | $6.04B | 1.93 | 53 |
|
| 10 |
Electrification & Grid
| $5.56B | $11.8B | $6.26B | 1.89 | 59 |
|
| 11 |
Defense Modernization
| $5.49B | $12.1B | $6.58B | 1.84 | 163 |
|
| 12 |
Immunotherapy & Oncology
| $3.49B | $15B | $11.6B | 1.3 | 388 |
|
| 13 |
Medical Devices & Diagnostics
| $3.16B | $10.4B | $7.23B | 1.44 | 342 |
|
| 14 |
Artificial Intelligence
| $3B | $73.6B | $70.6B | 1.04 | 264 |
|
| 15 |
Artificial Intelligence
Chinese AI
| $2.92B | $14.5B | $11.6B | 1.25 | 14 |
|
| 16 |
Infrastructure & Construction
| $2.46B | $5.42B | $2.96B | 1.83 | 127 |
|
| 17 |
GLP-1 & Obesity
| $2.33B | $8.18B | $5.85B | 1.4 | 92 |
|
| 18 |
Online Travel & Experiences
| $2.31B | $7.94B | $5.63B | 1.41 | 32 |
|
| 19 |
Copper & Industrial Metals
| $2.2B | $6.42B | $4.22B | 1.52 | 79 |
|
| 20 |
Oil & Gas
Oilfield Services
| $1.54B | $4.66B | $3.12B | 1.49 | 88 |
|
| 21 |
Health & Wellness
| $1.24B | $2.56B | $1.32B | 1.94 | 78 |
|
| 22 |
Gold & Precious Metals
| $1.21B | $5.1B | $3.89B | 1.31 | 133 |
|
| 23 |
Gold & Precious Metals
Gold & Silver Miners
| $1.21B | $5.09B | $3.89B | 1.31 | 124 |
|
| 24 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $1.18B | $2.26B | $1.08B | 2.1 | 26 |
|
| 25 |
Digital Health & Telemedicine
| $1.17B | $2.19B | $1.02B | 2.15 | 84 |
|
| 26 |
Clean Energy
| $1.16B | $3.14B | $1.98B | 1.59 | 134 |
|
| 27 |
Defense Modernization
Defense Tech & C4ISR
| $1.14B | $2.46B | $1.31B | 1.87 | 53 |
|
| 28 |
Sin Stocks
Tobacco & Nicotine
| $957M | $2.19B | $1.23B | 1.78 | 13 |
|
| 29 |
Video Games & Esports
| $891M | $10.5B | $9.57B | 1.09 | 55 |
|
| 30 |
SaaS & Enterprise Software
| $779M | $17.3B | $16.5B | 1.05 | 266 |
|
| 31 |
Space Economy
| $773M | $1.49B | $718M | 2.08 | 64 |
|
| 32 |
Agriculture & Food Technology
| $753M | $2.04B | $1.28B | 1.59 | 79 |
|
| 33 |
Agriculture & Food Technology
Precision Agriculture
| $750M | $1.41B | $657M | 2.14 | 4 |
|
| 34 |
Digital Assets
| $716M | $2.6B | $1.88B | 1.38 | 160 |
|
| 35 |
Defense Modernization
Munitions Restocking
| $714M | $1.74B | $1.02B | 1.7 | 11 |
|
| 36 |
Semiconductors
Analog & Power Semis
| $672M | $2.05B | $1.38B | 1.49 | 27 |
|
| 37 |
Luxury & Affluent Consumer
| $635M | $1.44B | $808M | 1.79 | 40 |
|
| 38 |
Robotics & Automation
| $611M | $1.88B | $1.27B | 1.48 | 83 |
|
| 39 |
Quantum Computing
| $491M | $2.25B | $1.76B | 1.28 | 19 |
|
| 40 |
Robotics & Automation
Warehouse & Logistics Robotics
| $458M | $1.07B | $610M | 1.75 | 3 |
|
| 41 |
Robotics & Automation
Industrial Automation
| $437M | $1.48B | $1.05B | 1.42 | 16 |
|
| 42 |
Carbon & Pollution Control
| $396M | $843M | $447M | 1.89 | 23 |
|
| 43 |
Small Business Economy
| $372M | $1.85B | $1.48B | 1.25 | 58 |
|
| 44 |
Clean Energy
Hydrogen & Fuel Cells
| $370M | $453M | $82.4M | 5.49 | 13 |
|
| 45 |
Future of Education
| $346M | $1.52B | $1.18B | 1.29 | 77 |
|
| 46 |
Defense Modernization
Drones & Counter-Drone
| $344M | $607M | $263M | 2.31 | 30 |
|
| 47 |
Energy Efficiency
| $338M | $1.5B | $1.16B | 1.29 | 31 |
|
| 48 |
Cybersecurity
| $325M | $3.34B | $3.01B | 1.11 | 85 |
|
| 49 |
Defense Modernization
Military Shipbuilding
| $321M | $750M | $429M | 1.75 | 6 |
|
| 50 |
Social Media & Creator Economy
| $282M | $38.3B | $38.1B | 1.01 | 45 |
|
| 51 |
Sin Stocks
Casinos
| $279M | $2.51B | $2.23B | 1.13 | 24 |
|
| 52 |
Pet Economy
| $279M | $2.96B | $2.68B | 1.1 | 34 |
|
| 53 |
Digital Assets
Stablecoin Infrastructure
| $273M | $1.38B | $1.11B | 1.25 | 9 |
|
| 54 |
Electric Vehicles
EV Charging Infrastructure
| $266M | $652M | $386M | 1.69 | 21 |
|
| 55 |
Artificial Intelligence
Agentic AI
| $214M | $1.39B | $1.17B | 1.18 | 13 |
|
| 56 |
Genomics & Gene Editing
| $198M | $3.19B | $3B | 1.07 | 199 |
|
| 57 |
Semiconductors
Advanced Packaging
| $189M | $237M | $47.9M | 4.95 | 10 |
|
| 58 |
Digital Assets
Corporate Crypto Treasuries
| $145M | $221M | $76.1M | 2.91 | 63 |
|
| 59 |
Cybersecurity
Agentic AI Security
| $142M | $600M | $459M | 1.31 | 2 |
|
| 60 |
3D Printing & Additive Manufacturing
| $136M | $288M | $152M | 1.89 | 20 |
|
| 61 |
Data Centers & Digital Infrastructure
Liquid Cooling
| $103M | $155M | $51.3M | 3.01 | 9 |
|
| 62 |
Lithium & Battery Materials
| $95.7M | $317M | $221M | 1.43 | 47 |
|
| 63 |
Digital Payments & Fintech
Buy Now Pay Later
| $93.3M | $164M | $71M | 2.31 | 13 |
|
| 64 |
Clean Energy
Solar
| $80.5M | $521M | $440M | 1.18 | 54 |
|
| 65 |
Longevity & Aging Population
| $79.8M | $1.13B | $1.05B | 1.08 | 60 |
|
| 66 |
Digital Payments & Fintech
Neobanks
| $31M | $271M | $240M | 1.13 | 25 |
|
| 67 |
Internet of Things
Smart Home
| $30.6M | $120M | $89.4M | 1.34 | 17 |
|
| 68 |
Nuclear Energy
| $17.4M | $636M | $618M | 1.03 | 61 |
|
| 69 |
Artificial Intelligence
AI Software & Applications
| $15.4M | $51.4M | $36M | 1.43 | 85 |
|
| 70 |
Space Economy
Satellite Communications
| $9.71M | $38.1M | $28.4M | 1.34 | 16 |
|
| 71 |
Nuclear Energy
Uranium Mining & Enrichment
| $5.59M | $34.8M | $29.2M | 1.19 | 20 |
|
| 72 |
Nuclear Energy
Small Modular Reactors
| $4.21M | $32.2M | $28M | 1.15 | 12 |
|
| 73 |
Cannabis
| $3.31M | $10M | $6.7M | 1.49 | 52 |
|
| 74 |
Clean Energy
Wind
| $2.3M | $2.7M | $403K | 6.71 | 9 |
|
| 75 |
Electrification & Grid
Transmission Buildout
| $52K | $47.3M | $47.2M | 1 | 6 |
|
| 76 |
Infrastructure & Construction
Green Building
| -$5.13M | $3.89M | $9.02M | 0.43 | 5 |
|
| 77 |
Water
Water Infrastructure
| -$5.83M | $118M | $124M | 0.95 | 17 |
|
| 78 |
Agriculture & Food Technology
Plant-Based Foods
| -$7.03M | $87.7M | $94.7M | 0.93 | 17 |
|
| 79 |
Cybersecurity
Identity Security
| -$7.67M | $24M | $31.7M | 0.76 | 15 |
|
| 80 |
Water
Sanitation
| -$9.55M | $29.5M | $39M | 0.76 | 8 |
|
| 81 |
Data Centers & Digital Infrastructure
Power for AI
| -$10.5M | $267M | $278M | 0.96 | 22 |
|
| 82 |
Digital Assets
Bitcoin Miners
| -$19.3M | $58M | $77.2M | 0.75 | 40 |
|
| 83 |
Reshoring & American Manufacturing
| -$20.2M | $60.1M | $80.4M | 0.75 | 20 |
|
| 84 |
Artificial Intelligence
AI Inference Silicon
| -$24.6M | $2.88B | $2.9B | 0.99 | 7 |
|
| 85 |
Space Economy
Launch Services
| -$26.9M | $8.56M | $35.5M | 0.24 | 5 |
|
| 86 |
Data Centers & Digital Infrastructure
| -$31.4M | $769M | $800M | 0.96 | 78 |
|
| 87 |
Sports Betting & iGaming
| -$36.5M | $138M | $174M | 0.79 | 29 |
|
| 88 |
Electrification & Grid
Grid Equipment
| -$41.5M | $201M | $243M | 0.83 | 10 |
|
| 89 |
Critical Minerals & Rare Earths
| -$58.7M | $70.6M | $129M | 0.55 | 60 |
|
| 90 |
Cloud Computing
Edge Computing
| -$65.9M | $256M | $322M | 0.79 | 11 |
|
| 91 |
E-Commerce
Food Delivery
| -$66.5M | $2.01B | $2.07B | 0.97 | 12 |
|
| 92 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$67.8M | $272M | $340M | 0.8 | 19 |
|
| 93 |
Virtual & Augmented Reality
| -$68.8M | $83.8M | $153M | 0.55 | 20 |
|
| 94 |
Semiconductors
Photonics & Optical Interconnect
| -$85.7M | $273M | $358M | 0.76 | 20 |
|
| 95 |
Sin Stocks
Firearms
| -$112M | $64.2M | $176M | 0.37 | 12 |
|
| 96 |
Genomics & Gene Editing
Gene Therapy
| -$146M | $632M | $778M | 0.81 | 131 |
|
| 97 |
Oil & Gas
LNG
| -$235M | $1.81B | $2.04B | 0.88 | 32 |
|
| 98 |
Streaming & Digital Media
News Media
| -$236M | $330M | $565M | 0.58 | 26 |
|
| 99 |
Housing & Home Improvement
Home & Garden Retail
| -$249M | $4.6B | $4.85B | 0.95 | 30 |
|
| 100 |
Reuse, Repair & Circular Economy
| -$315M | $970M | $1.29B | 0.75 | 68 |
|
| 101 |
Housing & Home Improvement
Homebuilders
| -$625M | $682M | $1.31B | 0.52 | 45 |
|
| 102 |
Water
| -$1.02B | $1.09B | $2.11B | 0.52 | 67 |
|
| 103 |
Housing & Home Improvement
| -$1.18B | $5.97B | $7.15B | 0.84 | 223 |
|
| 104 |
Semiconductors
Semicap & Lithography
| -$2.89B | $2.21B | $5.1B | 0.43 | 21 |
|
| 105 |
Artificial Intelligence
AI Memory & HBM
| -$3.29B | $4.51B | $7.8B | 0.58 | 12 |
|
| 106 |
Sin Stocks
| -$3.8B | $6.73B | $10.5B | 0.64 | 78 |
|
| 107 |
Sin Stocks
Alcohol
| -$4.9B | $1.95B | $6.85B | 0.29 | 24 |
|
| 108 |
Internet of Things
| -$20.7B | $28.4B | $49B | 0.58 | 99 |
|
| 109 |
Electric Vehicles
| -$22.2B | $19.7B | $41.9B | 0.47 | 124 |
|
| 110 |
Semiconductors
| -$23.8B | $33B | $56.8B | 0.58 | 178 |
|