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

Marketplaces

$56.8B calls $72.1B puts

Cloud Computing

64 stocks · 1 sub-theme

$62.7B calls $77.5B puts

E-Commerce

240 stocks · 2 sub-themes

$60.9B calls $75.6B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$60.9B calls $74.2B puts

Semiconductors

178 stocks · 4 sub-themes

$24.3B calls $36.3B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$61B calls $72.5B puts

Electric Vehicles

124 stocks · 1 sub-theme

$16.3B calls $25.5B puts

Electrification & Grid

59 stocks · 3 sub-themes

$7.89B calls $16.6B puts

Electrification & Grid

Energy Storage

$7.58B calls $16.3B puts

Autonomous Driving

53 stocks · 1 sub-theme

$8.07B calls $16.5B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$21.7B calls $26.1B puts

Internet of Things

99 stocks · 2 sub-themes

$19.2B calls $23.6B puts

Artificial Intelligence

AI Memory & HBM

$3.13B calls $6.4B puts

Artificial Intelligence

Chinese AI

$10.8B calls $14.1B puts

Defense Modernization

163 stocks · 4 sub-themes

$7.62B calls $10.9B puts

Internet of Things

Wearables

$13.4B calls $16.4B puts

Online Travel & Experiences

$4.88B calls $7.73B puts

Medical Devices & Diagnostics

$7.81B calls $9.78B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$5.04B calls $6.59B puts

Immunotherapy & Oncology

$10.3B calls $11.6B puts

Oilfield Services

$2.81B calls $4.12B puts

Small Business Economy

$2.52B calls $3.71B puts

Semicap & Lithography

$1.24B calls $2.4B puts

Health & Wellness

$961M calls $2.12B puts

Digital Assets

160 stocks · 4 sub-themes

$2.64B calls $3.59B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$1B calls $1.94B puts

Copper & Industrial Metals

$3.06B calls $3.9B puts

SaaS & Enterprise Software

$18.1B calls $18.8B puts

Tobacco & Nicotine

$1.14B calls $1.72B puts

Quantum Computing

$1.7B calls $2.27B puts

Housing & Home Improvement

Home & Garden Retail

$4.09B calls $4.6B puts

Gold & Precious Metals

Gold & Silver Miners

$3.14B calls $3.59B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$3.15B calls $3.6B puts

Cybersecurity

85 stocks · 3 sub-themes

$3.16B calls $3.58B puts

Space Economy

64 stocks · 3 sub-themes

$969M calls $1.37B puts

Food Delivery

$1.81B calls $2.2B puts

Luxury & Affluent Consumer

$889M calls $1.23B puts

Future of Education

$1.35B calls $1.63B puts

Lithium & Battery Materials

$171M calls $397M puts

Robotics & Automation

83 stocks · 3 sub-themes

$1.19B calls $1.41B puts

Robotics & Automation

Warehouse & Logistics Robotics

$429M calls $596M puts

Solar

$416M calls $560M puts

Defense Modernization

Munitions Restocking

$1.66B calls $1.8B puts

Defense Modernization

Drones & Counter-Drone

$439M calls $563M puts

Internet of Things

Smart Home

$124M calls $241M puts

Energy Efficiency

$952M calls $1.06B puts

Defense Modernization

Defense Tech & C4ISR

$2.06B calls $2.17B puts

Advanced Packaging

$143M calls $226M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$414M calls $487M puts

Digital Payments & Fintech

Neobanks

$118M calls $181M puts

Corporate Crypto Treasuries

$89.4M calls $146M puts

Cannabis

$50.4M calls $107M puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$3.88B calls $3.93B puts

Electrification & Grid

Transmission Buildout

$74.6M calls $123M puts

Digital Payments & Fintech

Buy Now Pay Later

$37.6M calls $80.8M puts

Satellite Communications

$26.9M calls $60.3M puts

Agentic AI Security

$577M calls $608M puts

Pet Economy

$2.46B calls $2.49B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$2.59B calls $2.61B puts

Virtual & Augmented Reality

$40.1M calls $56.6M puts

Artificial Intelligence

Agentic AI

$1.81B calls $1.82B puts

Stablecoin Infrastructure

$1.39B calls $1.4B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$938M calls $946M puts

3D Printing & Additive Manufacturing

$228M calls $236M puts

Firearms

$37.2M calls $40M puts

Infrastructure & Construction

Green Building

$11.6M calls $14M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$162M calls $164M puts

Water Infrastructure

$119M calls $119M puts

Wind

$3.68M calls $3.66M puts

Launch Services

$4.6M calls $3.81M puts

Bitcoin Miners

$9.82M calls $7.94M puts

Identity Security

$95.7M calls $88.1M puts

Robotics & Automation

Industrial Automation

$930M calls $921M puts

Artificial Intelligence

AI Software & Applications

$53.4M calls $42.5M puts

Defense Modernization

Military Shipbuilding

$392M calls $381M puts

Critical Minerals & Rare Earths

$62.2M calls $49.4M puts

Sanitation

$33.5M calls $18.6M puts

Longevity & Aging Population

$621M calls $605M puts

Reshoring & American Manufacturing

$117M calls $96.5M puts

Hydrogen & Fuel Cells

$123M calls $102M puts

Digital Health & Telemedicine

$1.35B calls $1.32B puts

Photonics & Optical Interconnect

$336M calls $304M puts

Uranium Mining & Enrichment

$69.5M calls $35.9M puts

Electrification & Grid

Grid Equipment

$203M calls $166M puts

Small Modular Reactors

$68.7M calls $30.7M puts

Cloud Computing

Edge Computing

$265M calls $225M puts

Data Centers & Digital Infrastructure

Power for AI

$256M calls $213M puts

Agriculture & Food Technology

Plant-Based Foods

$179M calls $118M puts

Artificial Intelligence

AI Inference Silicon

$1.38B calls $1.32B puts

Analog & Power Semis

$1.79B calls $1.61B puts

Sports Betting & iGaming

$280M calls $79.6M puts

Genomics & Gene Editing

Gene Therapy

$976M calls $725M puts

Streaming & Digital Media

News Media

$640M calls $320M puts

Reuse, Repair & Circular Economy

$1.1B calls $767M puts

Agriculture & Food Technology

Precision Agriculture

$1.17B calls $831M puts

Clean Energy

134 stocks · 3 sub-themes

$2.72B calls $2.3B puts

Water

67 stocks · 2 sub-themes

$1.41B calls $907M puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$2.09B calls $1.57B puts

Carbon & Pollution Control

$1.17B calls $542M puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$6.63B calls $5.98B puts

Electric Vehicles

EV Charging Infrastructure

$1.07B calls $357M puts

Casinos

$3.25B calls $2.53B puts

Housing & Home Improvement

Homebuilders

$1.42B calls $633M puts

Oil & Gas

361 stocks · 2 sub-themes

$22.7B calls $21.9B puts

Nuclear Energy

61 stocks · 2 sub-themes

$1.63B calls $683M puts

LNG

$2.29B calls $1.34B puts

Video Games & Esports

$9.56B calls $8.51B puts

Alcohol

$4.89B calls $1.93B puts

Sin Stocks

78 stocks · 4 sub-themes

$9.54B calls $6.26B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$0 calls $0 puts