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 |
Defense Modernization
Munitions Restocking
| $2.04B | $3.03B | $992M | 0.33 | 11 |
|
| 2 |
Defense Modernization
Defense Tech & C4ISR
| $1.99B | $3.26B | $1.27B | 0.39 | 53 |
|
| 3 |
Artificial Intelligence
AI Inference Silicon
| $996M | $3.47B | $2.48B | 0.71 | 7 |
|
| 4 |
Sin Stocks
Casinos
| $956M | $2.6B | $1.64B | 0.63 | 24 |
|
| 5 |
Sin Stocks
| $913M | $5.94B | $5.03B | 0.85 | 78 |
|
| 6 |
Nuclear Energy
| $880M | $1.62B | $741M | 0.46 | 61 |
|
| 7 |
Oil & Gas
LNG
| $880M | $1.97B | $1.09B | 0.55 | 32 |
|
| 8 |
Clean Energy
| $524M | $2.05B | $1.53B | 0.74 | 134 |
|
| 9 |
Longevity & Aging Population
| $414M | $1.08B | $661M | 0.61 | 60 |
|
| 10 |
Semiconductors
Analog & Power Semis
| $389M | $1.98B | $1.59B | 0.8 | 27 |
|
| 11 |
Water
| $386M | $1.47B | $1.08B | 0.74 | 67 |
|
| 12 |
Genomics & Gene Editing
Gene Therapy
| $361M | $1.05B | $688M | 0.66 | 131 |
|
| 13 |
Agriculture & Food Technology
| $352M | $1.53B | $1.18B | 0.77 | 79 |
|
| 14 |
Electric Vehicles
EV Charging Infrastructure
| $293M | $692M | $399M | 0.58 | 21 |
|
| 15 |
Energy Efficiency
| $271M | $923M | $652M | 0.71 | 31 |
|
| 16 |
Robotics & Automation
Industrial Automation
| $216M | $856M | $639M | 0.75 | 16 |
|
| 17 |
Housing & Home Improvement
Homebuilders
| $201M | $856M | $655M | 0.77 | 45 |
|
| 18 |
Pet Economy
| $198M | $3.2B | $3.01B | 0.94 | 34 |
|
| 19 |
Cybersecurity
| $190M | $3.48B | $3.29B | 0.95 | 85 |
|
| 20 |
Housing & Home Improvement
| $176M | $5.51B | $5.33B | 0.97 | 223 |
|
| 21 |
Reuse, Repair & Circular Economy
| $159M | $1.16B | $1B | 0.86 | 68 |
|
| 22 |
Agriculture & Food Technology
Precision Agriculture
| $137M | $785M | $647M | 0.83 | 4 |
|
| 23 |
Luxury & Affluent Consumer
| $126M | $2.28B | $2.15B | 0.94 | 40 |
|
| 24 |
Digital Health & Telemedicine
| $107M | $1.66B | $1.56B | 0.94 | 84 |
|
| 25 |
Robotics & Automation
| $105M | $1.1B | $995M | 0.9 | 83 |
|
| 26 |
Robotics & Automation
Warehouse & Logistics Robotics
| $103M | $496M | $393M | 0.79 | 3 |
|
| 27 |
Carbon & Pollution Control
| $95.1M | $448M | $353M | 0.79 | 23 |
|
| 28 |
Electrification & Grid
Grid Equipment
| $89.3M | $239M | $150M | 0.63 | 10 |
|
| 29 |
Cannabis
| $85.5M | $1.01B | $927M | 0.92 | 52 |
|
| 30 |
Sin Stocks
Alcohol
| $84.6M | $1.59B | $1.51B | 0.95 | 24 |
|
| 31 |
Agriculture & Food Technology
Plant-Based Foods
| $78.9M | $152M | $72.8M | 0.48 | 17 |
|
| 32 |
Data Centers & Digital Infrastructure
Power for AI
| $68.6M | $218M | $149M | 0.68 | 22 |
|
| 33 |
Data Centers & Digital Infrastructure
Liquid Cooling
| $55.6M | $83.5M | $27.9M | 0.33 | 9 |
|
| 34 |
Nuclear Energy
Small Modular Reactors
| $52.2M | $71.1M | $19M | 0.27 | 12 |
|
| 35 |
Nuclear Energy
Uranium Mining & Enrichment
| $51.9M | $72.6M | $20.7M | 0.29 | 20 |
|
| 36 |
Artificial Intelligence
AI Software & Applications
| $45.7M | $108M | $62.1M | 0.58 | 85 |
|
| 37 |
Clean Energy
Solar
| $37.1M | $342M | $305M | 0.89 | 54 |
|
| 38 |
Clean Energy
Hydrogen & Fuel Cells
| $35.5M | $129M | $93.9M | 0.73 | 13 |
|
| 39 |
Semiconductors
Photonics & Optical Interconnect
| $35.3M | $250M | $214M | 0.86 | 20 |
|
| 40 |
Health & Wellness
| $31M | $1.07B | $1.04B | 0.97 | 78 |
|
| 41 |
Critical Minerals & Rare Earths
| $29.7M | $50M | $20.3M | 0.41 | 60 |
|
| 42 |
E-Commerce
Food Delivery
| $29.3M | $1.52B | $1.49B | 0.98 | 12 |
|
| 43 |
Cloud Computing
Edge Computing
| $27.9M | $95.1M | $67.1M | 0.71 | 11 |
|
| 44 |
Sports Betting & iGaming
| $27.7M | $114M | $85.8M | 0.76 | 29 |
|
| 45 |
Digital Payments & Fintech
Neobanks
| $21.2M | $137M | $116M | 0.84 | 25 |
|
| 46 |
Water
Sanitation
| $17M | $49.5M | $32.5M | 0.66 | 8 |
|
| 47 |
Sin Stocks
Firearms
| $16.8M | $43.7M | $26.9M | 0.62 | 12 |
|
| 48 |
Infrastructure & Construction
Green Building
| $7.93M | $25.6M | $17.7M | 0.69 | 5 |
|
| 49 |
Space Economy
Launch Services
| $5.23M | $17.4M | $12.2M | 0.7 | 5 |
|
| 50 |
Virtual & Augmented Reality
| $3.73M | $9.66M | $5.93M | 0.61 | 20 |
|
| 51 |
Digital Assets
Bitcoin Miners
| $1.78M | $8.35M | $6.57M | 0.79 | 40 |
|
| 52 |
Clean Energy
Wind
| $1.68M | $2.85M | $1.17M | 0.41 | 9 |
|
| 53 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| $5K | $5K | $0 | 0 | 14 |
|
| 54 |
Defense Modernization
Military Shipbuilding
| -$2.62M | $256M | $259M | 1.01 | 6 |
|
| 55 |
3D Printing & Additive Manufacturing
| -$3.09M | $177M | $180M | 1.02 | 20 |
|
| 56 |
Reshoring & American Manufacturing
| -$12.1M | $83M | $95.1M | 1.15 | 20 |
|
| 57 |
Electrification & Grid
Transmission Buildout
| -$25.6M | $47.4M | $72.9M | 1.54 | 6 |
|
| 58 |
Digital Payments & Fintech
Buy Now Pay Later
| -$27.4M | $44.8M | $72.2M | 1.61 | 13 |
|
| 59 |
Cybersecurity
Identity Security
| -$30.7M | $274M | $305M | 1.11 | 15 |
|
| 60 |
Water
Water Infrastructure
| -$33.8M | $135M | $168M | 1.25 | 17 |
|
| 61 |
Semiconductors
Advanced Packaging
| -$34.6M | $154M | $189M | 1.22 | 10 |
|
| 62 |
Digital Assets
Corporate Crypto Treasuries
| -$40.6M | $58.1M | $98.7M | 1.7 | 63 |
|
| 63 |
Data Centers & Digital Infrastructure
| -$54.5M | $719M | $773M | 1.08 | 78 |
|
| 64 |
Streaming & Digital Media
News Media
| -$59.4M | $437M | $497M | 1.14 | 26 |
|
| 65 |
Lithium & Battery Materials
| -$63.5M | $119M | $183M | 1.53 | 47 |
|
| 66 |
Oil & Gas
| -$71.1M | $18B | $18.1B | 1 | 361 |
|
| 67 |
Cybersecurity
Agentic AI Security
| -$74.3M | $362M | $436M | 1.21 | 2 |
|
| 68 |
Space Economy
Satellite Communications
| -$76.3M | $59.5M | $136M | 2.28 | 16 |
|
| 69 |
Gold & Precious Metals
| -$80.9M | $3.52B | $3.6B | 1.02 | 133 |
|
| 70 |
Gold & Precious Metals
Gold & Silver Miners
| -$88.7M | $3.51B | $3.6B | 1.03 | 124 |
|
| 71 |
Artificial Intelligence
Agentic AI
| -$89.1M | $2.42B | $2.51B | 1.04 | 13 |
|
| 72 |
Defense Modernization
Drones & Counter-Drone
| -$95.6M | $423M | $519M | 1.23 | 30 |
|
| 73 |
Defense Modernization
| -$107M | $11.5B | $11.6B | 1.01 | 163 |
|
| 74 |
Digital Assets
Stablecoin Infrastructure
| -$110M | $1.59B | $1.7B | 1.07 | 9 |
|
| 75 |
Genomics & Gene Editing
| -$124M | $2.59B | $2.72B | 1.05 | 199 |
|
| 76 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$136M | $358M | $494M | 1.38 | 19 |
|
| 77 |
Future of Education
| -$137M | $758M | $895M | 1.18 | 77 |
|
| 78 |
Housing & Home Improvement
Home & Garden Retail
| -$146M | $3.55B | $3.7B | 1.04 | 30 |
|
| 79 |
Internet of Things
Smart Home
| -$164M | $172M | $335M | 1.95 | 17 |
|
| 80 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$195M | $836M | $1.03B | 1.23 | 26 |
|
| 81 |
Space Economy
| -$208M | $957M | $1.17B | 1.22 | 64 |
|
| 82 |
Sin Stocks
Tobacco & Nicotine
| -$209M | $1.62B | $1.83B | 1.13 | 13 |
|
| 83 |
Medical Devices & Diagnostics
| -$298M | $9.15B | $9.45B | 1.03 | 342 |
|
| 84 |
Quantum Computing
| -$586M | $1.94B | $2.53B | 1.3 | 19 |
|
| 85 |
Video Games & Esports
| -$600M | $9.34B | $9.94B | 1.06 | 55 |
|
| 86 |
GLP-1 & Obesity
| -$612M | $6.17B | $6.78B | 1.1 | 92 |
|
| 87 |
Copper & Industrial Metals
| -$638M | $2.58B | $3.22B | 1.25 | 79 |
|
| 88 |
Semiconductors
Semicap & Lithography
| -$848M | $1.52B | $2.36B | 1.56 | 21 |
|
| 89 |
Internet of Things
| -$889M | $23.1B | $24B | 1.04 | 99 |
|
| 90 |
Infrastructure & Construction
| -$967M | $3.2B | $4.17B | 1.3 | 127 |
|
| 91 |
Small Business Economy
| -$1.05B | $3.02B | $4.07B | 1.35 | 58 |
|
| 92 |
Oil & Gas
Oilfield Services
| -$1.11B | $2.08B | $3.19B | 1.53 | 88 |
|
| 93 |
Immunotherapy & Oncology
| -$1.23B | $12.9B | $14.2B | 1.09 | 388 |
|
| 94 |
Digital Assets
| -$1.28B | $2.78B | $4.06B | 1.46 | 160 |
|
| 95 |
SaaS & Enterprise Software
| -$1.91B | $22B | $23.9B | 1.09 | 266 |
|
| 96 |
Internet of Things
Wearables
| -$2.02B | $17.9B | $19.9B | 1.11 | 21 |
|
| 97 |
Artificial Intelligence
AI Memory & HBM
| -$2.17B | $2.7B | $4.86B | 1.8 | 12 |
|
| 98 |
Online Travel & Experiences
| -$2.74B | $4.38B | $7.13B | 1.63 | 32 |
|
| 99 |
Digital Payments & Fintech
| -$2.77B | $28.3B | $31.1B | 1.1 | 148 |
|
| 100 |
Semiconductors
| -$3.64B | $25B | $28.7B | 1.15 | 178 |
|
| 101 |
Artificial Intelligence
Chinese AI
| -$3.7B | $8.73B | $12.4B | 1.42 | 14 |
|
| 102 |
Social Media & Creator Economy
| -$4.34B | $29.1B | $33.4B | 1.15 | 45 |
|
| 103 |
Electric Vehicles
| -$6.97B | $11.6B | $18.5B | 1.6 | 124 |
|
| 104 |
Autonomous Driving
| -$7.45B | $7.35B | $14.8B | 2.01 | 53 |
|
| 105 |
Electrification & Grid
| -$7.47B | $7.5B | $15B | 2 | 59 |
|
| 106 |
Electrification & Grid
Energy Storage
| -$7.54B | $7.19B | $14.7B | 2.05 | 26 |
|
| 107 |
E-Commerce
| -$10.5B | $63.1B | $73.7B | 1.17 | 240 |
|
| 108 |
E-Commerce
Marketplaces
| -$11B | $58.9B | $69.9B | 1.19 | 106 |
|
| 109 |
Artificial Intelligence
| -$11.7B | $55.5B | $67.1B | 1.21 | 264 |
|
| 110 |
Streaming & Digital Media
| -$12.1B | $54B | $66B | 1.22 | 120 |
|
| 111 |
Cloud Computing
| -$13.3B | $55.8B | $69.1B | 1.24 | 64 |
|