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 |
Sin Stocks
| $3.28B | $9.54B | $6.26B | 0.66 | 78 |
|
| 2 |
Sin Stocks
Alcohol
| $2.95B | $4.89B | $1.93B | 0.4 | 24 |
|
| 3 |
Video Games & Esports
| $1.05B | $9.56B | $8.51B | 0.89 | 55 |
|
| 4 |
Oil & Gas
LNG
| $953M | $2.29B | $1.34B | 0.58 | 32 |
|
| 5 |
Nuclear Energy
| $943M | $1.63B | $683M | 0.42 | 61 |
|
| 6 |
Oil & Gas
| $847M | $22.7B | $21.9B | 0.96 | 361 |
|
| 7 |
Housing & Home Improvement
Homebuilders
| $789M | $1.42B | $633M | 0.45 | 45 |
|
| 8 |
Sin Stocks
Casinos
| $720M | $3.25B | $2.53B | 0.78 | 24 |
|
| 9 |
Electric Vehicles
EV Charging Infrastructure
| $715M | $1.07B | $357M | 0.33 | 21 |
|
| 10 |
Housing & Home Improvement
| $652M | $6.63B | $5.98B | 0.9 | 223 |
|
| 11 |
Carbon & Pollution Control
| $625M | $1.17B | $542M | 0.46 | 23 |
|
| 12 |
Agriculture & Food Technology
| $520M | $2.09B | $1.57B | 0.75 | 79 |
|
| 13 |
Water
| $501M | $1.41B | $907M | 0.64 | 67 |
|
| 14 |
Clean Energy
| $424M | $2.72B | $2.3B | 0.84 | 134 |
|
| 15 |
Agriculture & Food Technology
Precision Agriculture
| $342M | $1.17B | $831M | 0.71 | 4 |
|
| 16 |
Reuse, Repair & Circular Economy
| $334M | $1.1B | $767M | 0.7 | 68 |
|
| 17 |
Streaming & Digital Media
News Media
| $320M | $640M | $320M | 0.5 | 26 |
|
| 18 |
Genomics & Gene Editing
Gene Therapy
| $251M | $976M | $725M | 0.74 | 131 |
|
| 19 |
Sports Betting & iGaming
| $200M | $280M | $79.6M | 0.28 | 29 |
|
| 20 |
Semiconductors
Analog & Power Semis
| $180M | $1.79B | $1.61B | 0.9 | 27 |
|
| 21 |
Artificial Intelligence
AI Inference Silicon
| $62M | $1.38B | $1.32B | 0.96 | 7 |
|
| 22 |
Agriculture & Food Technology
Plant-Based Foods
| $61.1M | $179M | $118M | 0.66 | 17 |
|
| 23 |
Data Centers & Digital Infrastructure
Power for AI
| $42.6M | $256M | $213M | 0.83 | 22 |
|
| 24 |
Cloud Computing
Edge Computing
| $39.8M | $265M | $225M | 0.85 | 11 |
|
| 25 |
Nuclear Energy
Small Modular Reactors
| $38M | $68.7M | $30.7M | 0.45 | 12 |
|
| 26 |
Electrification & Grid
Grid Equipment
| $36.6M | $203M | $166M | 0.82 | 10 |
|
| 27 |
Nuclear Energy
Uranium Mining & Enrichment
| $33.5M | $69.5M | $35.9M | 0.52 | 20 |
|
| 28 |
Semiconductors
Photonics & Optical Interconnect
| $31.9M | $336M | $304M | 0.91 | 20 |
|
| 29 |
Digital Health & Telemedicine
| $22.6M | $1.35B | $1.32B | 0.98 | 84 |
|
| 30 |
Clean Energy
Hydrogen & Fuel Cells
| $21.9M | $123M | $102M | 0.82 | 13 |
|
| 31 |
Reshoring & American Manufacturing
| $20.1M | $117M | $96.5M | 0.83 | 20 |
|
| 32 |
Longevity & Aging Population
| $15.7M | $621M | $605M | 0.97 | 60 |
|
| 33 |
Water
Sanitation
| $14.9M | $33.5M | $18.6M | 0.55 | 8 |
|
| 34 |
Critical Minerals & Rare Earths
| $12.8M | $62.2M | $49.4M | 0.79 | 60 |
|
| 35 |
Defense Modernization
Military Shipbuilding
| $11.4M | $392M | $381M | 0.97 | 6 |
|
| 36 |
Artificial Intelligence
AI Software & Applications
| $10.9M | $53.4M | $42.5M | 0.8 | 85 |
|
| 37 |
Robotics & Automation
Industrial Automation
| $8.29M | $930M | $921M | 0.99 | 16 |
|
| 38 |
Cybersecurity
Identity Security
| $7.56M | $95.7M | $88.1M | 0.92 | 15 |
|
| 39 |
Digital Assets
Bitcoin Miners
| $1.87M | $9.82M | $7.94M | 0.81 | 40 |
|
| 40 |
Space Economy
Launch Services
| $789K | $4.6M | $3.81M | 0.83 | 5 |
|
| 41 |
Clean Energy
Wind
| $21K | $3.68M | $3.66M | 0.99 | 9 |
|
| 42 |
Water
Water Infrastructure
| -$378K | $119M | $119M | 1 | 17 |
|
| 43 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$2.36M | $162M | $164M | 1.01 | 9 |
|
| 44 |
Infrastructure & Construction
Green Building
| -$2.38M | $11.6M | $14M | 1.2 | 5 |
|
| 45 |
Sin Stocks
Firearms
| -$2.75M | $37.2M | $40M | 1.07 | 12 |
|
| 46 |
3D Printing & Additive Manufacturing
| -$7.74M | $228M | $236M | 1.03 | 20 |
|
| 47 |
Data Centers & Digital Infrastructure
| -$8.11M | $938M | $946M | 1.01 | 78 |
|
| 48 |
Digital Assets
Stablecoin Infrastructure
| -$11M | $1.39B | $1.4B | 1.01 | 9 |
|
| 49 |
Artificial Intelligence
Agentic AI
| -$16.2M | $1.81B | $1.82B | 1.01 | 13 |
|
| 50 |
Virtual & Augmented Reality
| -$16.5M | $40.1M | $56.6M | 1.41 | 20 |
|
| 51 |
Genomics & Gene Editing
| -$18.8M | $2.59B | $2.61B | 1.01 | 199 |
|
| 52 |
Pet Economy
| -$26.4M | $2.46B | $2.49B | 1.01 | 34 |
|
| 53 |
Cybersecurity
Agentic AI Security
| -$31.2M | $577M | $608M | 1.05 | 2 |
|
| 54 |
Space Economy
Satellite Communications
| -$33.4M | $26.9M | $60.3M | 2.24 | 16 |
|
| 55 |
Digital Payments & Fintech
Buy Now Pay Later
| -$43.2M | $37.6M | $80.8M | 2.15 | 13 |
|
| 56 |
Electrification & Grid
Transmission Buildout
| -$48.3M | $74.6M | $123M | 1.65 | 6 |
|
| 57 |
Infrastructure & Construction
| -$49.6M | $3.88B | $3.93B | 1.01 | 127 |
|
| 58 |
Cannabis
| -$56.9M | $50.4M | $107M | 2.13 | 52 |
|
| 59 |
Digital Assets
Corporate Crypto Treasuries
| -$57M | $89.4M | $146M | 1.64 | 63 |
|
| 60 |
Digital Payments & Fintech
Neobanks
| -$63.5M | $118M | $181M | 1.54 | 25 |
|
| 61 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$73.3M | $414M | $487M | 1.18 | 19 |
|
| 62 |
Semiconductors
Advanced Packaging
| -$82.5M | $143M | $226M | 1.58 | 10 |
|
| 63 |
Defense Modernization
Defense Tech & C4ISR
| -$109M | $2.06B | $2.17B | 1.05 | 53 |
|
| 64 |
Energy Efficiency
| -$110M | $952M | $1.06B | 1.12 | 31 |
|
| 65 |
Internet of Things
Smart Home
| -$118M | $124M | $241M | 1.95 | 17 |
|
| 66 |
Defense Modernization
Drones & Counter-Drone
| -$124M | $439M | $563M | 1.28 | 30 |
|
| 67 |
Defense Modernization
Munitions Restocking
| -$135M | $1.66B | $1.8B | 1.08 | 11 |
|
| 68 |
Clean Energy
Solar
| -$144M | $416M | $560M | 1.35 | 54 |
|
| 69 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$167M | $429M | $596M | 1.39 | 3 |
|
| 70 |
Robotics & Automation
| -$223M | $1.19B | $1.41B | 1.19 | 83 |
|
| 71 |
Lithium & Battery Materials
| -$226M | $171M | $397M | 2.32 | 47 |
|
| 72 |
Future of Education
| -$286M | $1.35B | $1.63B | 1.21 | 77 |
|
| 73 |
Luxury & Affluent Consumer
| -$338M | $889M | $1.23B | 1.38 | 40 |
|
| 74 |
E-Commerce
Food Delivery
| -$383M | $1.81B | $2.2B | 1.21 | 12 |
|
| 75 |
Space Economy
| -$401M | $969M | $1.37B | 1.41 | 64 |
|
| 76 |
Cybersecurity
| -$423M | $3.16B | $3.58B | 1.13 | 85 |
|
| 77 |
Gold & Precious Metals
| -$449M | $3.15B | $3.6B | 1.14 | 133 |
|
| 78 |
Gold & Precious Metals
Gold & Silver Miners
| -$450M | $3.14B | $3.59B | 1.14 | 124 |
|
| 79 |
Housing & Home Improvement
Home & Garden Retail
| -$504M | $4.09B | $4.6B | 1.12 | 30 |
|
| 80 |
Quantum Computing
| -$568M | $1.7B | $2.27B | 1.33 | 19 |
|
| 81 |
Sin Stocks
Tobacco & Nicotine
| -$578M | $1.14B | $1.72B | 1.51 | 13 |
|
| 82 |
SaaS & Enterprise Software
| -$768M | $18.1B | $18.8B | 1.04 | 266 |
|
| 83 |
Copper & Industrial Metals
| -$844M | $3.06B | $3.9B | 1.28 | 79 |
|
| 84 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$941M | $1B | $1.94B | 1.94 | 26 |
|
| 85 |
Digital Assets
| -$956M | $2.64B | $3.59B | 1.36 | 160 |
|
| 86 |
Health & Wellness
| -$1.16B | $961M | $2.12B | 2.2 | 78 |
|
| 87 |
Semiconductors
Semicap & Lithography
| -$1.16B | $1.24B | $2.4B | 1.94 | 21 |
|
| 88 |
Small Business Economy
| -$1.19B | $2.52B | $3.71B | 1.47 | 58 |
|
| 89 |
Oil & Gas
Oilfield Services
| -$1.3B | $2.81B | $4.12B | 1.46 | 88 |
|
| 90 |
Immunotherapy & Oncology
| -$1.37B | $10.3B | $11.6B | 1.13 | 388 |
|
| 91 |
GLP-1 & Obesity
| -$1.55B | $5.04B | $6.59B | 1.31 | 92 |
|
| 92 |
Social Media & Creator Economy
| -$1.65B | $35.7B | $37.3B | 1.05 | 45 |
|
| 93 |
Medical Devices & Diagnostics
| -$1.97B | $7.81B | $9.78B | 1.25 | 342 |
|
| 94 |
Online Travel & Experiences
| -$2.85B | $4.88B | $7.73B | 1.58 | 32 |
|
| 95 |
Internet of Things
Wearables
| -$2.99B | $13.4B | $16.4B | 1.22 | 21 |
|
| 96 |
Defense Modernization
| -$3.24B | $7.62B | $10.9B | 1.42 | 163 |
|
| 97 |
Artificial Intelligence
Chinese AI
| -$3.24B | $10.8B | $14.1B | 1.3 | 14 |
|
| 98 |
Artificial Intelligence
AI Memory & HBM
| -$3.27B | $3.13B | $6.4B | 2.04 | 12 |
|
| 99 |
Internet of Things
| -$4.47B | $19.2B | $23.6B | 1.23 | 99 |
|
| 100 |
Digital Payments & Fintech
| -$4.49B | $21.7B | $26.1B | 1.21 | 148 |
|
| 101 |
Autonomous Driving
| -$8.46B | $8.07B | $16.5B | 2.05 | 53 |
|
| 102 |
Electrification & Grid
Energy Storage
| -$8.7B | $7.58B | $16.3B | 2.15 | 26 |
|
| 103 |
Electrification & Grid
| -$8.72B | $7.89B | $16.6B | 2.11 | 59 |
|
| 104 |
Electric Vehicles
| -$9.2B | $16.3B | $25.5B | 1.57 | 124 |
|
| 105 |
Artificial Intelligence
| -$11.5B | $61B | $72.5B | 1.19 | 264 |
|
| 106 |
Semiconductors
| -$12B | $24.3B | $36.3B | 1.49 | 178 |
|
| 107 |
Streaming & Digital Media
| -$13.3B | $60.9B | $74.2B | 1.22 | 120 |
|
| 108 |
E-Commerce
| -$14.7B | $60.9B | $75.6B | 1.24 | 240 |
|
| 109 |
Cloud Computing
| -$14.8B | $62.7B | $77.5B | 1.24 | 64 |
|
| 110 |
E-Commerce
Marketplaces
| -$15.3B | $56.8B | $72.1B | 1.27 | 106 |
|
| 111 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| – | – | – | – | 14 |
|