Themes With The Most
Fund Call 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
25
50
100
5
10
25
50
100
| # | Theme |
Net calls | Calls | Puts |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Internet of Things
| $28.5B | $47.4B | $18.9B | 0.4 | 99 |
|
| 2 |
Electric Vehicles
| $26.6B | $41.4B | $14.7B | 0.36 | 124 |
|
| 3 |
Semiconductors
| $22.2B | $55.4B | $33.1B | 0.6 | 178 |
|
| 4 |
Sin Stocks
| $7.15B | $12.2B | $5.1B | 0.42 | 78 |
|
| 5 |
Sin Stocks
Alcohol
| $4.94B | $6.4B | $1.46B | 0.23 | 24 |
|
| 6 |
Sin Stocks
Casinos
| $1.97B | $4.4B | $2.42B | 0.55 | 24 |
|
| 7 |
Housing & Home Improvement
| $1.03B | $6.18B | $5.15B | 0.83 | 223 |
|
| 8 |
SaaS & Enterprise Software
| $904M | $17.9B | $17B | 0.95 | 266 |
|
| 9 |
Oil & Gas
LNG
| $686M | $1.68B | $996M | 0.59 | 32 |
|
| 10 |
Water
| $608M | $1.48B | $873M | 0.59 | 67 |
|
| 11 |
Housing & Home Improvement
Homebuilders
| $540M | $1.11B | $574M | 0.52 | 45 |
|
| 12 |
Agriculture & Food Technology
| $515M | $1.97B | $1.46B | 0.74 | 79 |
|
| 13 |
Agriculture & Food Technology
Precision Agriculture
| $259M | $1.1B | $843M | 0.76 | 4 |
|
| 14 |
Sports Betting & iGaming
| $245M | $288M | $43M | 0.15 | 29 |
|
| 15 |
Reuse, Repair & Circular Economy
| $233M | $786M | $553M | 0.7 | 68 |
|
| 16 |
Nuclear Energy
| $217M | $835M | $618M | 0.74 | 61 |
|
| 17 |
Streaming & Digital Media
News Media
| $207M | $440M | $233M | 0.53 | 26 |
|
| 18 |
Genomics & Gene Editing
Gene Therapy
| $164M | $643M | $479M | 0.74 | 131 |
|
| 19 |
Pet Economy
| $155M | $2.41B | $2.25B | 0.94 | 34 |
|
| 20 |
Housing & Home Improvement
Home & Garden Retail
| $133M | $4.01B | $3.87B | 0.97 | 30 |
|
| 21 |
Data Centers & Digital Infrastructure
Power for AI
| $87.4M | $267M | $180M | 0.67 | 22 |
|
| 22 |
Agriculture & Food Technology
Plant-Based Foods
| $80.3M | $181M | $101M | 0.56 | 17 |
|
| 23 |
Electrification & Grid
Grid Equipment
| $67.8M | $241M | $173M | 0.72 | 10 |
|
| 24 |
Critical Minerals & Rare Earths
| $67.8M | $124M | $56.6M | 0.45 | 60 |
|
| 25 |
Sin Stocks
Firearms
| $44.7M | $102M | $57.4M | 0.56 | 12 |
|
| 26 |
Water
Sanitation
| $44.3M | $66.7M | $22.4M | 0.34 | 8 |
|
| 27 |
Artificial Intelligence
AI Software & Applications
| $42.1M | $71.2M | $29.1M | 0.41 | 85 |
|
| 28 |
Semiconductors
Photonics & Optical Interconnect
| $40.7M | $285M | $245M | 0.86 | 20 |
|
| 29 |
Electrification & Grid
Transmission Buildout
| $38.5M | $77.3M | $38.8M | 0.5 | 6 |
|
| 30 |
Cloud Computing
Edge Computing
| $33.5M | $209M | $175M | 0.84 | 11 |
|
| 31 |
Water
Water Infrastructure
| $26.4M | $147M | $120M | 0.82 | 17 |
|
| 32 |
Sin Stocks
Tobacco & Nicotine
| $26.3M | $1.18B | $1.15B | 0.98 | 13 |
|
| 33 |
Cybersecurity
Agentic AI Security
| $21.6M | $477M | $455M | 0.95 | 2 |
|
| 34 |
Cybersecurity
Identity Security
| $17.3M | $54.2M | $36.9M | 0.68 | 15 |
|
| 35 |
Reshoring & American Manufacturing
| $9.49M | $153M | $143M | 0.94 | 20 |
|
| 36 |
Digital Payments & Fintech
Buy Now Pay Later
| $9.01M | $72.4M | $63.4M | 0.88 | 13 |
|
| 37 |
Infrastructure & Construction
Green Building
| $5.86M | $14.4M | $8.5M | 0.59 | 5 |
|
| 38 |
Clean Energy
Hydrogen & Fuel Cells
| $3.31M | $101M | $98.2M | 0.97 | 13 |
|
| 39 |
3D Printing & Additive Manufacturing
| $2.1M | $210M | $208M | 0.99 | 20 |
|
| 40 |
Semiconductors
Advanced Packaging
| $748K | $181M | $180M | 1 | 10 |
|
| 41 |
Digital Assets
Bitcoin Miners
| $303K | $12.6M | $12.3M | 0.98 | 40 |
|
| 42 |
Nuclear Energy
Small Modular Reactors
| -$240K | $24.3M | $24.6M | 1.01 | 12 |
|
| 43 |
Clean Energy
| -$346K | $1.98B | $1.98B | 1 | 134 |
|
| 44 |
Clean Energy
Wind
| -$1.43M | $592K | $2.02M | 3.41 | 9 |
|
| 45 |
Nuclear Energy
Uranium Mining & Enrichment
| -$2.11M | $24.9M | $27M | 1.08 | 20 |
|
| 46 |
Space Economy
Launch Services
| -$5.32M | $2.54M | $7.86M | 3.1 | 5 |
|
| 47 |
Data Centers & Digital Infrastructure
| -$12.2M | $627M | $639M | 1.02 | 78 |
|
| 48 |
Internet of Things
Smart Home
| -$13.4M | $63.9M | $77.3M | 1.21 | 17 |
|
| 49 |
Virtual & Augmented Reality
| -$14.1M | $34.9M | $48.9M | 1.4 | 20 |
|
| 50 |
Defense Modernization
Military Shipbuilding
| -$25.6M | $423M | $448M | 1.06 | 6 |
|
| 51 |
Space Economy
Satellite Communications
| -$27.2M | $16.1M | $43.3M | 2.69 | 16 |
|
| 52 |
Cannabis
| -$37.2M | $16.1M | $53.4M | 3.31 | 52 |
|
| 53 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$45.5M | $225M | $270M | 1.2 | 19 |
|
| 54 |
Clean Energy
Solar
| -$48.7M | $326M | $374M | 1.15 | 54 |
|
| 55 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$52.3M | $56.1M | $108M | 1.93 | 9 |
|
| 56 |
Digital Payments & Fintech
Neobanks
| -$58.6M | $88.1M | $147M | 1.67 | 25 |
|
| 57 |
Digital Assets
Corporate Crypto Treasuries
| -$65.7M | $56.5M | $122M | 2.16 | 63 |
|
| 58 |
Carbon & Pollution Control
| -$109M | $490M | $598M | 1.22 | 23 |
|
| 59 |
Lithium & Battery Materials
| -$151M | $214M | $365M | 1.71 | 47 |
|
| 60 |
Electric Vehicles
EV Charging Infrastructure
| -$161M | $465M | $626M | 1.35 | 21 |
|
| 61 |
Semiconductors
Analog & Power Semis
| -$171M | $1.55B | $1.72B | 1.11 | 27 |
|
| 62 |
Artificial Intelligence
AI Inference Silicon
| -$194M | $2.37B | $2.57B | 1.08 | 7 |
|
| 63 |
Defense Modernization
Drones & Counter-Drone
| -$204M | $438M | $642M | 1.47 | 30 |
|
| 64 |
Genomics & Gene Editing
| -$211M | $1.98B | $2.19B | 1.11 | 199 |
|
| 65 |
Energy Efficiency
| -$226M | $782M | $1.01B | 1.29 | 31 |
|
| 66 |
Quantum Computing
| -$247M | $1.86B | $2.11B | 1.13 | 19 |
|
| 67 |
Artificial Intelligence
Agentic AI
| -$251M | $1.84B | $2.09B | 1.14 | 13 |
|
| 68 |
Immunotherapy & Oncology
| -$272M | $11.2B | $11.4B | 1.02 | 388 |
|
| 69 |
Future of Education
| -$289M | $1.28B | $1.57B | 1.22 | 77 |
|
| 70 |
Robotics & Automation
Industrial Automation
| -$299M | $632M | $932M | 1.47 | 16 |
|
| 71 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$303M | $314M | $618M | 1.97 | 3 |
|
| 72 |
Robotics & Automation
| -$348M | $906M | $1.25B | 1.38 | 83 |
|
| 73 |
Longevity & Aging Population
| -$368M | $539M | $907M | 1.68 | 60 |
|
| 74 |
Luxury & Affluent Consumer
| -$371M | $602M | $974M | 1.62 | 40 |
|
| 75 |
Cybersecurity
| -$387M | $2.95B | $3.34B | 1.13 | 85 |
|
| 76 |
Digital Assets
Stablecoin Infrastructure
| -$406M | $1.08B | $1.49B | 1.38 | 9 |
|
| 77 |
Space Economy
| -$406M | $959M | $1.37B | 1.42 | 64 |
|
| 78 |
E-Commerce
Food Delivery
| -$507M | $1.33B | $1.84B | 1.38 | 12 |
|
| 79 |
Video Games & Esports
| -$541M | $8.53B | $9.07B | 1.06 | 55 |
|
| 80 |
Semiconductors
Semicap & Lithography
| -$558M | $1.45B | $2.01B | 1.38 | 21 |
|
| 81 |
Health & Wellness
| -$591M | $889M | $1.48B | 1.66 | 78 |
|
| 82 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$613M | $660M | $1.27B | 1.93 | 26 |
|
| 83 |
Digital Health & Telemedicine
| -$675M | $1.01B | $1.69B | 1.67 | 84 |
|
| 84 |
Infrastructure & Construction
| -$685M | $3.84B | $4.52B | 1.18 | 127 |
|
| 85 |
Small Business Economy
| -$701M | $1.84B | $2.54B | 1.38 | 58 |
|
| 86 |
Artificial Intelligence
AI Memory & HBM
| -$833M | $4.35B | $5.18B | 1.19 | 12 |
|
| 87 |
Defense Modernization
Munitions Restocking
| -$835M | $1.19B | $2.02B | 1.7 | 11 |
|
| 88 |
Oil & Gas
Oilfield Services
| -$863M | $2.76B | $3.62B | 1.31 | 88 |
|
| 89 |
Defense Modernization
Defense Tech & C4ISR
| -$871M | $1.57B | $2.44B | 1.55 | 53 |
|
| 90 |
Digital Assets
| -$1.01B | $2.08B | $3.09B | 1.48 | 160 |
|
| 91 |
Gold & Precious Metals
Gold & Silver Miners
| -$1.11B | $2.71B | $3.81B | 1.41 | 124 |
|
| 92 |
Gold & Precious Metals
| -$1.11B | $2.71B | $3.81B | 1.41 | 133 |
|
| 93 |
Copper & Industrial Metals
| -$1.21B | $2.87B | $4.08B | 1.42 | 79 |
|
| 94 |
GLP-1 & Obesity
| -$1.56B | $4.27B | $5.83B | 1.37 | 92 |
|
| 95 |
Oil & Gas
| -$1.58B | $16.5B | $18.1B | 1.1 | 361 |
|
| 96 |
Medical Devices & Diagnostics
| -$2.04B | $6.08B | $8.12B | 1.33 | 342 |
|
| 97 |
Online Travel & Experiences
| -$2.36B | $4.83B | $7.19B | 1.49 | 32 |
|
| 98 |
Internet of Things
Wearables
| -$2.51B | $11.1B | $13.6B | 1.22 | 21 |
|
| 99 |
Social Media & Creator Economy
| -$3.22B | $34.7B | $37.9B | 1.09 | 45 |
|
| 100 |
Artificial Intelligence
Chinese AI
| -$3.6B | $10.4B | $14B | 1.35 | 14 |
|
| 101 |
Digital Payments & Fintech
| -$3.68B | $18.5B | $22.2B | 1.2 | 148 |
|
| 102 |
Electrification & Grid
| -$4.48B | $4.54B | $9.02B | 1.99 | 59 |
|
| 103 |
Autonomous Driving
| -$4.65B | $4.31B | $8.96B | 2.08 | 53 |
|
| 104 |
Electrification & Grid
Energy Storage
| -$4.66B | $4.13B | $8.79B | 2.13 | 26 |
|
| 105 |
Defense Modernization
| -$4.77B | $6.81B | $11.6B | 1.7 | 163 |
|
| 106 |
Artificial Intelligence
| -$11.6B | $62.3B | $73.9B | 1.19 | 264 |
|
| 107 |
Streaming & Digital Media
| -$12.3B | $49B | $61.3B | 1.25 | 120 |
|
| 108 |
E-Commerce
| -$12.8B | $51.6B | $64.3B | 1.25 | 240 |
|
| 109 |
Cloud Computing
| -$13.1B | $55.7B | $68.8B | 1.24 | 64 |
|
| 110 |
E-Commerce
Marketplaces
| -$13.9B | $47.6B | $61.5B | 1.29 | 106 |
|
| 111 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| – | – | – | – | 14 |
|