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
25
50
100
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50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Streaming & Digital Media
| $22.6B | $87.9B | $65.3B | 1.35 | 120 |
|
| 2 |
E-Commerce
Marketplaces
| $20.5B | $87.1B | $66.5B | 1.31 | 106 |
|
| 3 |
Cloud Computing
| $20.2B | $89B | $68.8B | 1.29 | 64 |
|
| 4 |
E-Commerce
| $19.6B | $90.8B | $71.2B | 1.28 | 240 |
|
| 5 |
Artificial Intelligence
| $18.4B | $80.7B | $62.3B | 1.3 | 264 |
|
| 6 |
Semiconductors
| $10.7B | $37.4B | $26.7B | 1.4 | 178 |
|
| 7 |
Autonomous Driving
| $7.7B | $16.6B | $8.87B | 1.87 | 53 |
|
| 8 |
Electrification & Grid
Energy Storage
| $7.69B | $16.3B | $8.65B | 1.89 | 26 |
|
| 9 |
Electrification & Grid
| $7.69B | $16.7B | $8.97B | 1.86 | 59 |
|
| 10 |
Social Media & Creator Economy
| $7.41B | $39.8B | $32.4B | 1.23 | 45 |
|
| 11 |
Electric Vehicles
| $6.78B | $22.9B | $16.1B | 1.42 | 124 |
|
| 12 |
Digital Payments & Fintech
| $5.77B | $31.7B | $25.9B | 1.22 | 148 |
|
| 13 |
Artificial Intelligence
Chinese AI
| $3.96B | $14.9B | $10.9B | 1.36 | 14 |
|
| 14 |
Internet of Things
Wearables
| $3.5B | $20.2B | $16.7B | 1.21 | 21 |
|
| 15 |
Artificial Intelligence
AI Memory & HBM
| $3.24B | $5.97B | $2.74B | 2.18 | 12 |
|
| 16 |
Internet of Things
| $3.08B | $25.4B | $22.3B | 1.14 | 99 |
|
| 17 |
Medical Devices & Diagnostics
| $2.73B | $12.4B | $9.64B | 1.28 | 342 |
|
| 18 |
Online Travel & Experiences
| $2.16B | $7.26B | $5.1B | 1.42 | 32 |
|
| 19 |
Digital Assets
| $2.12B | $5.03B | $2.91B | 1.73 | 160 |
|
| 20 |
Small Business Economy
| $2.05B | $5.11B | $3.06B | 1.67 | 58 |
|
| 21 |
Oil & Gas
Oilfield Services
| $1.84B | $4.31B | $2.48B | 1.74 | 88 |
|
| 22 |
Immunotherapy & Oncology
| $1.59B | $12.5B | $11B | 1.14 | 388 |
|
| 23 |
SaaS & Enterprise Software
| $1.51B | $25.2B | $23.7B | 1.06 | 266 |
|
| 24 |
Copper & Industrial Metals
| $1.46B | $4.08B | $2.62B | 1.56 | 79 |
|
| 25 |
Semiconductors
Semicap & Lithography
| $1.37B | $2.46B | $1.09B | 2.25 | 21 |
|
| 26 |
GLP-1 & Obesity
| $1.12B | $7.32B | $6.2B | 1.18 | 92 |
|
| 27 |
Gold & Precious Metals
Gold & Silver Miners
| $1.12B | $3.81B | $2.69B | 1.42 | 124 |
|
| 28 |
Gold & Precious Metals
| $1.12B | $3.81B | $2.69B | 1.41 | 133 |
|
| 29 |
Health & Wellness
| $860M | $2.25B | $1.39B | 1.62 | 78 |
|
| 30 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $821M | $1.79B | $964M | 1.85 | 26 |
|
| 31 |
Artificial Intelligence
Agentic AI
| $693M | $2.44B | $1.75B | 1.4 | 13 |
|
| 32 |
E-Commerce
Food Delivery
| $684M | $2.13B | $1.44B | 1.47 | 12 |
|
| 33 |
Sin Stocks
Tobacco & Nicotine
| $674M | $2.26B | $1.59B | 1.42 | 13 |
|
| 34 |
Housing & Home Improvement
Home & Garden Retail
| $663M | $4.76B | $4.1B | 1.16 | 30 |
|
| 35 |
Defense Modernization
| $634M | $10B | $9.38B | 1.07 | 163 |
|
| 36 |
Oil & Gas
| $622M | $22.7B | $22.1B | 1.03 | 361 |
|
| 37 |
Semiconductors
Analog & Power Semis
| $581M | $1.84B | $1.26B | 1.46 | 27 |
|
| 38 |
Infrastructure & Construction
| $462M | $4.02B | $3.56B | 1.13 | 127 |
|
| 39 |
Cannabis
| $412M | $1.68B | $1.27B | 1.32 | 52 |
|
| 40 |
Defense Modernization
Drones & Counter-Drone
| $412M | $892M | $481M | 1.86 | 30 |
|
| 41 |
Space Economy
| $394M | $1.53B | $1.14B | 1.35 | 64 |
|
| 42 |
Cybersecurity
| $350M | $4.02B | $3.67B | 1.1 | 85 |
|
| 43 |
Video Games & Esports
| $312M | $11.7B | $11.4B | 1.03 | 55 |
|
| 44 |
Internet of Things
Smart Home
| $199M | $389M | $189M | 2.05 | 17 |
|
| 45 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $184M | $510M | $326M | 1.57 | 19 |
|
| 46 |
Lithium & Battery Materials
| $172M | $361M | $189M | 1.91 | 47 |
|
| 47 |
Future of Education
| $166M | $1.65B | $1.48B | 1.11 | 77 |
|
| 48 |
Digital Assets
Stablecoin Infrastructure
| $159M | $1.58B | $1.42B | 1.11 | 9 |
|
| 49 |
Agriculture & Food Technology
Precision Agriculture
| $155M | $687M | $532M | 1.29 | 4 |
|
| 50 |
Clean Energy
Solar
| $131M | $412M | $281M | 1.47 | 54 |
|
| 51 |
Semiconductors
Advanced Packaging
| $125M | $236M | $111M | 2.12 | 10 |
|
| 52 |
Data Centers & Digital Infrastructure
| $89.3M | $972M | $883M | 1.1 | 78 |
|
| 53 |
Digital Assets
Corporate Crypto Treasuries
| $59M | $147M | $88.2M | 1.67 | 63 |
|
| 54 |
Cybersecurity
Agentic AI Security
| $53.7M | $592M | $538M | 1.1 | 2 |
|
| 55 |
Space Economy
Satellite Communications
| $38.6M | $101M | $62.7M | 1.62 | 16 |
|
| 56 |
Digital Payments & Fintech
Buy Now Pay Later
| $32.2M | $54.3M | $22.1M | 2.46 | 13 |
|
| 57 |
Electrification & Grid
Transmission Buildout
| $26.3M | $109M | $82.6M | 1.32 | 6 |
|
| 58 |
Quantum Computing
| $26M | $2.31B | $2.29B | 1.01 | 19 |
|
| 59 |
Genomics & Gene Editing
| $21.6M | $3.22B | $3.2B | 1.01 | 199 |
|
| 60 |
Data Centers & Digital Infrastructure
Liquid Cooling
| $18M | $192M | $174M | 1.1 | 9 |
|
| 61 |
Infrastructure & Construction
Green Building
| $5.58M | $19.9M | $14.3M | 1.39 | 5 |
|
| 62 |
Virtual & Augmented Reality
| $2.89M | $33.7M | $30.8M | 1.09 | 20 |
|
| 63 |
Digital Assets
Bitcoin Miners
| $1.14M | $5.25M | $4.11M | 1.28 | 40 |
|
| 64 |
Clean Energy
Wind
| $928K | $3.04M | $2.12M | 1.44 | 9 |
|
| 65 |
Space Economy
Launch Services
| -$5.25M | $3.08M | $8.33M | 0.37 | 5 |
|
| 66 |
Reuse, Repair & Circular Economy
| -$10.4M | $930M | $940M | 0.99 | 68 |
|
| 67 |
Pet Economy
| -$11.3M | $2.49B | $2.5B | 1 | 34 |
|
| 68 |
Reshoring & American Manufacturing
| -$11.9M | $88.7M | $101M | 0.88 | 20 |
|
| 69 |
Water
Sanitation
| -$18.7M | $18.1M | $36.8M | 0.49 | 8 |
|
| 70 |
Artificial Intelligence
AI Software & Applications
| -$19.9M | $37.2M | $57.1M | 0.65 | 85 |
|
| 71 |
Nuclear Energy
Uranium Mining & Enrichment
| -$20.3M | $52M | $72.3M | 0.72 | 20 |
|
| 72 |
Critical Minerals & Rare Earths
| -$20.4M | $23.9M | $44.3M | 0.54 | 60 |
|
| 73 |
Nuclear Energy
Small Modular Reactors
| -$22.4M | $47.1M | $69.5M | 0.68 | 12 |
|
| 74 |
Clean Energy
Hydrogen & Fuel Cells
| -$26M | $103M | $129M | 0.8 | 13 |
|
| 75 |
Defense Modernization
Military Shipbuilding
| -$29M | $328M | $357M | 0.92 | 6 |
|
| 76 |
Water
Water Infrastructure
| -$29.1M | $105M | $134M | 0.78 | 17 |
|
| 77 |
Sin Stocks
Firearms
| -$37.4M | $54.8M | $92.3M | 0.59 | 12 |
|
| 78 |
3D Printing & Additive Manufacturing
| -$47.6M | $337M | $385M | 0.88 | 20 |
|
| 79 |
Data Centers & Digital Infrastructure
Power for AI
| -$48M | $230M | $278M | 0.83 | 22 |
|
| 80 |
Electrification & Grid
Grid Equipment
| -$49.4M | $173M | $222M | 0.78 | 10 |
|
| 81 |
Digital Payments & Fintech
Neobanks
| -$50.9M | $133M | $184M | 0.72 | 25 |
|
| 82 |
Semiconductors
Photonics & Optical Interconnect
| -$53.2M | $228M | $281M | 0.81 | 20 |
|
| 83 |
Cybersecurity
Identity Security
| -$57.1M | $79.2M | $136M | 0.58 | 15 |
|
| 84 |
Luxury & Affluent Consumer
| -$57.6M | $1.33B | $1.39B | 0.96 | 40 |
|
| 85 |
Longevity & Aging Population
| -$79.5M | $772M | $852M | 0.91 | 60 |
|
| 86 |
Agriculture & Food Technology
Plant-Based Foods
| -$102M | $101M | $204M | 0.5 | 17 |
|
| 87 |
Cloud Computing
Edge Computing
| -$123M | $179M | $303M | 0.59 | 11 |
|
| 88 |
Sports Betting & iGaming
| -$134M | $64.9M | $199M | 0.33 | 29 |
|
| 89 |
Artificial Intelligence
AI Inference Silicon
| -$153M | $1.82B | $1.97B | 0.92 | 7 |
|
| 90 |
Digital Health & Telemedicine
| -$159M | $1.68B | $1.84B | 0.91 | 84 |
|
| 91 |
Agriculture & Food Technology
| -$182M | $1.37B | $1.55B | 0.88 | 79 |
|
| 92 |
Streaming & Digital Media
News Media
| -$223M | $647M | $870M | 0.74 | 26 |
|
| 93 |
Clean Energy
| -$224M | $2.23B | $2.46B | 0.91 | 134 |
|
| 94 |
Housing & Home Improvement
Homebuilders
| -$279M | $733M | $1.01B | 0.72 | 45 |
|
| 95 |
Genomics & Gene Editing
Gene Therapy
| -$289M | $761M | $1.05B | 0.72 | 131 |
|
| 96 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$297M | $605M | $902M | 0.67 | 3 |
|
| 97 |
Robotics & Automation
| -$359M | $1.75B | $2.11B | 0.83 | 83 |
|
| 98 |
Sin Stocks
Alcohol
| -$389M | $3.52B | $3.91B | 0.9 | 24 |
|
| 99 |
Housing & Home Improvement
| -$485M | $6.46B | $6.94B | 0.93 | 223 |
|
| 100 |
Carbon & Pollution Control
| -$548M | $540M | $1.09B | 0.5 | 23 |
|
| 101 |
Energy Efficiency
| -$552M | $1.03B | $1.59B | 0.65 | 31 |
|
| 102 |
Robotics & Automation
Industrial Automation
| -$565M | $1.23B | $1.79B | 0.68 | 16 |
|
| 103 |
Electric Vehicles
EV Charging Infrastructure
| -$569M | $374M | $943M | 0.4 | 21 |
|
| 104 |
Defense Modernization
Munitions Restocking
| -$708M | $1.47B | $2.17B | 0.67 | 11 |
|
| 105 |
Defense Modernization
Defense Tech & C4ISR
| -$719M | $1.79B | $2.51B | 0.71 | 53 |
|
| 106 |
Water
| -$724M | $1.06B | $1.78B | 0.59 | 67 |
|
| 107 |
Nuclear Energy
| -$741M | $740M | $1.48B | 0.5 | 61 |
|
| 108 |
Oil & Gas
LNG
| -$1.18B | $1.47B | $2.65B | 0.56 | 32 |
|
| 109 |
Sin Stocks
| -$1.39B | $7.8B | $9.19B | 0.85 | 78 |
|
| 110 |
Sin Stocks
Casinos
| -$1.46B | $1.92B | $3.38B | 0.57 | 24 |
|
| 111 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| – | – | – | – | 14 |
|