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
| $1.77B | $2.79B | $1.01B | 0.36 | 11 |
|
| 2 |
Defense Modernization
Defense Tech & C4ISR
| $1.77B | $3B | $1.23B | 0.41 | 53 |
|
| 3 |
Housing & Home Improvement
| $1.52B | $6.84B | $5.33B | 0.78 | 223 |
|
| 4 |
Artificial Intelligence
AI Inference Silicon
| $1.37B | $4.22B | $2.84B | 0.67 | 7 |
|
| 5 |
Gold & Precious Metals
| $797M | $5.39B | $4.6B | 0.85 | 133 |
|
| 6 |
Gold & Precious Metals
Gold & Silver Miners
| $789M | $5.38B | $4.59B | 0.85 | 124 |
|
| 7 |
Housing & Home Improvement
Home & Garden Retail
| $780M | $4.44B | $3.66B | 0.82 | 30 |
|
| 8 |
Sin Stocks
Casinos
| $707M | $2.32B | $1.61B | 0.7 | 24 |
|
| 9 |
Clean Energy
| $648M | $2.4B | $1.75B | 0.73 | 134 |
|
| 10 |
Nuclear Energy
| $559M | $1.52B | $960M | 0.63 | 61 |
|
| 11 |
Genomics & Gene Editing
| $505M | $3.43B | $2.93B | 0.85 | 199 |
|
| 12 |
Housing & Home Improvement
Homebuilders
| $500M | $1.1B | $604M | 0.55 | 45 |
|
| 13 |
Genomics & Gene Editing
Gene Therapy
| $485M | $1.45B | $963M | 0.66 | 131 |
|
| 14 |
Robotics & Automation
Industrial Automation
| $471M | $1.3B | $828M | 0.64 | 16 |
|
| 15 |
Social Media & Creator Economy
| $468M | $39.1B | $38.6B | 0.99 | 45 |
|
| 16 |
Electric Vehicles
EV Charging Infrastructure
| $421M | $758M | $337M | 0.45 | 21 |
|
| 17 |
Reuse, Repair & Circular Economy
| $314M | $1.62B | $1.31B | 0.81 | 68 |
|
| 18 |
Oil & Gas
LNG
| $314M | $1.54B | $1.23B | 0.8 | 32 |
|
| 19 |
Sin Stocks
| $307M | $5.22B | $4.91B | 0.94 | 78 |
|
| 20 |
Robotics & Automation
| $268M | $1.53B | $1.26B | 0.82 | 83 |
|
| 21 |
Agriculture & Food Technology
| $240M | $2.63B | $2.39B | 0.91 | 79 |
|
| 22 |
Semiconductors
Analog & Power Semis
| $233M | $2.02B | $1.79B | 0.88 | 27 |
|
| 23 |
Oil & Gas
| $225M | $19.3B | $19.1B | 0.99 | 361 |
|
| 24 |
Streaming & Digital Media
News Media
| $194M | $644M | $450M | 0.7 | 26 |
|
| 25 |
Carbon & Pollution Control
| $193M | $1.09B | $897M | 0.82 | 23 |
|
| 26 |
Energy Efficiency
| $168M | $1.22B | $1.05B | 0.86 | 31 |
|
| 27 |
Robotics & Automation
Warehouse & Logistics Robotics
| $128M | $694M | $566M | 0.82 | 3 |
|
| 28 |
Clean Energy
Solar
| $114M | $543M | $429M | 0.79 | 54 |
|
| 29 |
Sports Betting & iGaming
| $111M | $205M | $94.1M | 0.46 | 29 |
|
| 30 |
Water
| $91.4M | $986M | $895M | 0.91 | 67 |
|
| 31 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $88.5M | $796M | $707M | 0.89 | 26 |
|
| 32 |
Health & Wellness
| $86.7M | $1.18B | $1.09B | 0.93 | 78 |
|
| 33 |
Electrification & Grid
Grid Equipment
| $86.7M | $259M | $172M | 0.66 | 10 |
|
| 34 |
Digital Payments & Fintech
Neobanks
| $69.3M | $183M | $114M | 0.62 | 25 |
|
| 35 |
3D Printing & Additive Manufacturing
| $69M | $242M | $173M | 0.71 | 20 |
|
| 36 |
Clean Energy
Hydrogen & Fuel Cells
| $67.5M | $180M | $113M | 0.63 | 13 |
|
| 37 |
Data Centers & Digital Infrastructure
Power for AI
| $62.3M | $247M | $184M | 0.75 | 22 |
|
| 38 |
Artificial Intelligence
AI Software & Applications
| $44M | $81M | $37M | 0.46 | 85 |
|
| 39 |
Sin Stocks
Alcohol
| $42.9M | $1.71B | $1.67B | 0.97 | 24 |
|
| 40 |
E-Commerce
Food Delivery
| $39.9M | $2B | $1.96B | 0.98 | 12 |
|
| 41 |
Digital Health & Telemedicine
| $39.1M | $2.22B | $2.18B | 0.98 | 84 |
|
| 42 |
Semiconductors
Photonics & Optical Interconnect
| $39M | $269M | $230M | 0.86 | 20 |
|
| 43 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| $38.1M | $980M | $941M | 0.96 | 14 |
|
| 44 |
Agriculture & Food Technology
Plant-Based Foods
| $35.3M | $1.11B | $1.08B | 0.97 | 17 |
|
| 45 |
Cannabis
| $31.6M | $892M | $860M | 0.96 | 52 |
|
| 46 |
Critical Minerals & Rare Earths
| $27.4M | $45.9M | $18.6M | 0.4 | 60 |
|
| 47 |
Water
Sanitation
| $27M | $51.9M | $24.9M | 0.48 | 8 |
|
| 48 |
Nuclear Energy
Small Modular Reactors
| $21.1M | $46.8M | $25.7M | 0.55 | 12 |
|
| 49 |
Space Economy
| $20.7M | $1.14B | $1.12B | 0.98 | 64 |
|
| 50 |
Nuclear Energy
Uranium Mining & Enrichment
| $20.6M | $47.5M | $27M | 0.57 | 20 |
|
| 51 |
Infrastructure & Construction
Green Building
| $9.71M | $25.1M | $15.4M | 0.61 | 5 |
|
| 52 |
Space Economy
Launch Services
| $7.94M | $17M | $9.08M | 0.53 | 5 |
|
| 53 |
Cloud Computing
Edge Computing
| $5.84M | $103M | $97.2M | 0.94 | 11 |
|
| 54 |
Electrification & Grid
Transmission Buildout
| $3.4M | $30.2M | $26.8M | 0.89 | 6 |
|
| 55 |
Virtual & Augmented Reality
| $3.12M | $10.6M | $7.44M | 0.7 | 20 |
|
| 56 |
Defense Modernization
Military Shipbuilding
| $1.72M | $213M | $211M | 0.99 | 6 |
|
| 57 |
Cybersecurity
Identity Security
| $55K | $475M | $475M | 1 | 15 |
|
| 58 |
Clean Energy
Wind
| -$3K | $8.88M | $8.89M | 1 | 9 |
|
| 59 |
Pet Economy
| -$215K | $2.64B | $2.64B | 1 | 34 |
|
| 60 |
Digital Assets
Bitcoin Miners
| -$2.81M | $6.88M | $9.7M | 1.41 | 40 |
|
| 61 |
Sin Stocks
Firearms
| -$12.5M | $44.4M | $56.9M | 1.28 | 12 |
|
| 62 |
Digital Assets
Corporate Crypto Treasuries
| -$21.9M | $41.3M | $63.2M | 1.53 | 63 |
|
| 63 |
Defense Modernization
Drones & Counter-Drone
| -$25.6M | $469M | $495M | 1.05 | 30 |
|
| 64 |
Semiconductors
Advanced Packaging
| -$28.1M | $185M | $213M | 1.15 | 10 |
|
| 65 |
Digital Payments & Fintech
Buy Now Pay Later
| -$29.9M | $52.3M | $82.1M | 1.57 | 13 |
|
| 66 |
Water
Water Infrastructure
| -$37.8M | $136M | $174M | 1.28 | 17 |
|
| 67 |
Reshoring & American Manufacturing
| -$42.4M | $59.9M | $102M | 1.71 | 20 |
|
| 68 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$44.1M | $22.7M | $66.8M | 2.95 | 9 |
|
| 69 |
Space Economy
Satellite Communications
| -$50.5M | $58.6M | $109M | 1.86 | 16 |
|
| 70 |
Lithium & Battery Materials
| -$71.3M | $112M | $183M | 1.64 | 47 |
|
| 71 |
Artificial Intelligence
Agentic AI
| -$115M | $3.02B | $3.13B | 1.04 | 13 |
|
| 72 |
Agriculture & Food Technology
Precision Agriculture
| -$134M | $791M | $925M | 1.17 | 4 |
|
| 73 |
Longevity & Aging Population
| -$136M | $670M | $806M | 1.2 | 60 |
|
| 74 |
Internet of Things
Smart Home
| -$181M | $145M | $326M | 2.24 | 17 |
|
| 75 |
Cybersecurity
Agentic AI Security
| -$197M | $424M | $621M | 1.47 | 2 |
|
| 76 |
Cybersecurity
| -$248M | $3.64B | $3.89B | 1.07 | 85 |
|
| 77 |
Digital Assets
Stablecoin Infrastructure
| -$285M | $1.62B | $1.9B | 1.18 | 9 |
|
| 78 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$298M | $381M | $678M | 1.78 | 19 |
|
| 79 |
Data Centers & Digital Infrastructure
| -$311M | $730M | $1.04B | 1.43 | 78 |
|
| 80 |
Luxury & Affluent Consumer
| -$384M | $999M | $1.38B | 1.38 | 40 |
|
| 81 |
Future of Education
| -$387M | $483M | $869M | 1.8 | 77 |
|
| 82 |
GLP-1 & Obesity
| -$405M | $5.34B | $5.74B | 1.08 | 92 |
|
| 83 |
Sin Stocks
Tobacco & Nicotine
| -$451M | $1.1B | $1.55B | 1.41 | 13 |
|
| 84 |
Copper & Industrial Metals
| -$473M | $2.52B | $2.99B | 1.19 | 79 |
|
| 85 |
Quantum Computing
| -$522M | $1.65B | $2.18B | 1.32 | 19 |
|
| 86 |
Defense Modernization
| -$553M | $10.3B | $10.8B | 1.05 | 163 |
|
| 87 |
Infrastructure & Construction
| -$684M | $3.25B | $3.93B | 1.21 | 127 |
|
| 88 |
Oil & Gas
Oilfield Services
| -$765M | $1.97B | $2.73B | 1.39 | 88 |
|
| 89 |
Video Games & Esports
| -$772M | $11.4B | $12.2B | 1.07 | 55 |
|
| 90 |
Immunotherapy & Oncology
| -$868M | $11.6B | $12.5B | 1.07 | 388 |
|
| 91 |
Semiconductors
Semicap & Lithography
| -$931M | $1.71B | $2.65B | 1.54 | 21 |
|
| 92 |
Medical Devices & Diagnostics
| -$1.03B | $8.35B | $9.38B | 1.12 | 342 |
|
| 93 |
Artificial Intelligence
Chinese AI
| -$1.19B | $10.5B | $11.6B | 1.11 | 14 |
|
| 94 |
Digital Assets
| -$1.53B | $2.84B | $4.37B | 1.54 | 160 |
|
| 95 |
Small Business Economy
| -$1.59B | $3.8B | $5.39B | 1.42 | 58 |
|
| 96 |
Artificial Intelligence
AI Memory & HBM
| -$1.89B | $2.8B | $4.69B | 1.68 | 12 |
|
| 97 |
Internet of Things
| -$2.6B | $21.7B | $24.3B | 1.12 | 99 |
|
| 98 |
SaaS & Enterprise Software
| -$2.74B | $25.2B | $27.9B | 1.11 | 266 |
|
| 99 |
Online Travel & Experiences
| -$2.82B | $4.14B | $6.96B | 1.68 | 32 |
|
| 100 |
Internet of Things
Wearables
| -$4.56B | $15B | $19.6B | 1.3 | 21 |
|
| 101 |
Artificial Intelligence
| -$5.5B | $67.7B | $73.2B | 1.08 | 264 |
|
| 102 |
Semiconductors
| -$5.95B | $26.4B | $32.4B | 1.23 | 178 |
|
| 103 |
Digital Payments & Fintech
| -$7.36B | $27B | $34.4B | 1.27 | 148 |
|
| 104 |
Electric Vehicles
| -$8.84B | $13.9B | $22.8B | 1.63 | 124 |
|
| 105 |
Electrification & Grid
| -$9.8B | $9.38B | $19.2B | 2.04 | 59 |
|
| 106 |
Autonomous Driving
| -$9.82B | $10.2B | $20B | 1.97 | 53 |
|
| 107 |
Electrification & Grid
Energy Storage
| -$9.91B | $9.06B | $19B | 2.09 | 26 |
|
| 108 |
Streaming & Digital Media
| -$11B | $56.8B | $67.8B | 1.19 | 120 |
|
| 109 |
E-Commerce
Marketplaces
| -$13.8B | $57.5B | $71.3B | 1.24 | 106 |
|
| 110 |
Cloud Computing
| -$13.9B | $61.3B | $75.2B | 1.23 | 64 |
|
| 111 |
E-Commerce
| -$14B | $61.9B | $75.9B | 1.23 | 240 |
|
| 112 |
Digital Assets
Crypto Exchanges
| – | – | – | – | 7 |
|