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
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100
| # | Theme |
Net calls | Calls | Puts |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Defense Modernization
Defense Tech & C4ISR
| $1.17B | $2.4B | $1.23B | 0.51 | 53 |
|
| 2 |
Defense Modernization
Munitions Restocking
| $1.16B | $2.16B | $1B | 0.46 | 11 |
|
| 3 |
Defense Modernization
| $381M | $8.98B | $8.6B | 0.96 | 163 |
|
| 4 |
Reuse, Repair & Circular Economy
| $361M | $1.02B | $660M | 0.65 | 68 |
|
| 5 |
Gold & Precious Metals
Gold & Silver Miners
| $302M | $4.14B | $3.83B | 0.93 | 124 |
|
| 6 |
Gold & Precious Metals
| $300M | $4.14B | $3.84B | 0.93 | 133 |
|
| 7 |
Genomics & Gene Editing
Gene Therapy
| $216M | $770M | $554M | 0.72 | 131 |
|
| 8 |
Nuclear Energy
| $199M | $860M | $661M | 0.77 | 61 |
|
| 9 |
Electrification & Grid
Grid Equipment
| $191M | $304M | $113M | 0.37 | 10 |
|
| 10 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $179M | $507M | $328M | 0.65 | 26 |
|
| 11 |
Pet Economy
| $169M | $2.48B | $2.31B | 0.93 | 34 |
|
| 12 |
Genomics & Gene Editing
| $131M | $3.27B | $3.14B | 0.96 | 199 |
|
| 13 |
Housing & Home Improvement
Home & Garden Retail
| $126M | $3.78B | $3.65B | 0.97 | 30 |
|
| 14 |
Electric Vehicles
EV Charging Infrastructure
| $121M | $466M | $345M | 0.74 | 21 |
|
| 15 |
Space Economy
| $119M | $1.59B | $1.47B | 0.92 | 64 |
|
| 16 |
Clean Energy
| $116M | $1.53B | $1.41B | 0.92 | 134 |
|
| 17 |
Oil & Gas
LNG
| $116M | $800M | $684M | 0.86 | 32 |
|
| 18 |
Data Centers & Digital Infrastructure
Power for AI
| $114M | $231M | $117M | 0.51 | 22 |
|
| 19 |
Sports Betting & iGaming
| $79.8M | $245M | $166M | 0.67 | 29 |
|
| 20 |
Sin Stocks
Casinos
| $64.1M | $1.47B | $1.4B | 0.96 | 24 |
|
| 21 |
Data Centers & Digital Infrastructure
Liquid Cooling
| $60.4M | $83.4M | $23M | 0.28 | 9 |
|
| 22 |
Semiconductors
Analog & Power Semis
| $57.6M | $1.7B | $1.64B | 0.97 | 27 |
|
| 23 |
Data Centers & Digital Infrastructure
| $46.4M | $1.06B | $1.01B | 0.96 | 78 |
|
| 24 |
Health & Wellness
| $30.1M | $1.03B | $996M | 0.97 | 78 |
|
| 25 |
Sin Stocks
Firearms
| $25.6M | $48.3M | $22.7M | 0.47 | 12 |
|
| 26 |
Nuclear Energy
Small Modular Reactors
| $22.3M | $37.5M | $15.2M | 0.41 | 12 |
|
| 27 |
Nuclear Energy
Uranium Mining & Enrichment
| $22.2M | $37.7M | $15.5M | 0.41 | 20 |
|
| 28 |
Reshoring & American Manufacturing
| $19.3M | $35.5M | $16.2M | 0.46 | 20 |
|
| 29 |
Carbon & Pollution Control
| $16.1M | $373M | $357M | 0.96 | 23 |
|
| 30 |
Artificial Intelligence
AI Software & Applications
| $15.2M | $53.1M | $37.9M | 0.71 | 85 |
|
| 31 |
Clean Energy
Hydrogen & Fuel Cells
| $9.96M | $112M | $102M | 0.91 | 13 |
|
| 32 |
Clean Energy
Wind
| $8.27M | $9.35M | $1.08M | 0.12 | 9 |
|
| 33 |
Cannabis
| $7.98M | $456M | $448M | 0.98 | 52 |
|
| 34 |
Cybersecurity
Agentic AI Security
| $7.03M | $362M | $355M | 0.98 | 2 |
|
| 35 |
Digital Payments & Fintech
Buy Now Pay Later
| $1.91M | $6.51M | $4.59M | 0.71 | 13 |
|
| 36 |
Virtual & Augmented Reality
| $1.56M | $3.24M | $1.68M | 0.52 | 20 |
|
| 37 |
Space Economy
Earth Observation
| $582K | $582K | $0 | 0 | 6 |
|
| 38 |
Digital Assets
Bitcoin Miners
| $216K | $1.28M | $1.07M | 0.83 | 40 |
|
| 39 |
Critical Minerals & Rare Earths
| -$1.97M | $10.3M | $12.3M | 1.19 | 60 |
|
| 40 |
Electrification & Grid
Transmission Buildout
| -$2.81M | $35.6M | $38.4M | 1.08 | 6 |
|
| 41 |
Digital Payments & Fintech
Neobanks
| -$3.34M | $68.6M | $72M | 1.05 | 25 |
|
| 42 |
Space Economy
Launch Services
| -$7.52M | $11.1M | $18.6M | 1.68 | 5 |
|
| 43 |
Water
Sanitation
| -$8.72M | $22.7M | $31.4M | 1.38 | 8 |
|
| 44 |
Infrastructure & Construction
Green Building
| -$8.79M | $12M | $20.8M | 1.73 | 5 |
|
| 45 |
Clean Energy
Solar
| -$9.29M | $569M | $578M | 1.02 | 54 |
|
| 46 |
Semiconductors
Photonics & Optical Interconnect
| -$11.1M | $233M | $244M | 1.05 | 20 |
|
| 47 |
Space Economy
Satellite Communications
| -$14.2M | $27.4M | $41.6M | 1.52 | 16 |
|
| 48 |
Defense Modernization
Military Shipbuilding
| -$15.3M | $231M | $247M | 1.07 | 6 |
|
| 49 |
Medical Devices & Diagnostics
| -$15.7M | $8.06B | $8.07B | 1 | 342 |
|
| 50 |
Water
Water Infrastructure
| -$20M | $88.4M | $108M | 1.23 | 17 |
|
| 51 |
Lithium & Battery Materials
| -$20.7M | $88.8M | $109M | 1.23 | 47 |
|
| 52 |
Housing & Home Improvement
| -$49.7M | $4.83B | $4.88B | 1.01 | 223 |
|
| 53 |
Water
| -$53.4M | $566M | $620M | 1.09 | 67 |
|
| 54 |
Agriculture & Food Technology
Precision Agriculture
| -$53.6M | $412M | $465M | 1.13 | 4 |
|
| 55 |
Sin Stocks
Alcohol
| -$54.5M | $759M | $814M | 1.07 | 24 |
|
| 56 |
Streaming & Digital Media
News Media
| -$56.5M | $484M | $540M | 1.12 | 26 |
|
| 57 |
Immunotherapy & Oncology
| -$62.6M | $13.4B | $13.5B | 1 | 388 |
|
| 58 |
Robotics & Automation
Industrial Automation
| -$69.2M | $593M | $662M | 1.12 | 16 |
|
| 59 |
Sin Stocks
| -$73.2M | $3.14B | $3.22B | 1.02 | 78 |
|
| 60 |
Digital Assets
Corporate Crypto Treasuries
| -$78.6M | $50.3M | $129M | 2.56 | 63 |
|
| 61 |
Energy Efficiency
| -$79.2M | $500M | $579M | 1.16 | 31 |
|
| 62 |
Cloud Computing
Edge Computing
| -$79.7M | $108M | $187M | 1.74 | 11 |
|
| 63 |
Artificial Intelligence
AI Inference Silicon
| -$82.8M | $1.37B | $1.45B | 1.06 | 7 |
|
| 64 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$87.9M | $318M | $406M | 1.28 | 3 |
|
| 65 |
Longevity & Aging Population
| -$96.1M | $778M | $874M | 1.12 | 60 |
|
| 66 |
Semiconductors
Advanced Packaging
| -$102M | $339M | $441M | 1.3 | 10 |
|
| 67 |
Defense Modernization
Drones & Counter-Drone
| -$103M | $516M | $619M | 1.2 | 30 |
|
| 68 |
Housing & Home Improvement
Homebuilders
| -$113M | $365M | $478M | 1.31 | 45 |
|
| 69 |
Sin Stocks
Tobacco & Nicotine
| -$121M | $850M | $971M | 1.14 | 13 |
|
| 70 |
3D Printing & Additive Manufacturing
| -$126M | $273M | $399M | 1.46 | 20 |
|
| 71 |
Robotics & Automation
| -$155M | $834M | $989M | 1.19 | 83 |
|
| 72 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$164M | $619M | $783M | 1.27 | 19 |
|
| 73 |
Agriculture & Food Technology
| -$200M | $1.41B | $1.61B | 1.14 | 79 |
|
| 74 |
Internet of Things
Smart Home
| -$203M | $194M | $397M | 2.05 | 17 |
|
| 75 |
Quantum Computing
| -$243M | $1.48B | $1.72B | 1.16 | 19 |
|
| 76 |
Agriculture & Food Technology
Plant-Based Foods
| -$274M | $582M | $856M | 1.47 | 17 |
|
| 77 |
Future of Education
| -$290M | $534M | $823M | 1.54 | 77 |
|
| 78 |
Digital Health & Telemedicine
| -$308M | $2.48B | $2.79B | 1.12 | 84 |
|
| 79 |
Cybersecurity
Identity Security
| -$311M | $480M | $790M | 1.65 | 15 |
|
| 80 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| -$318M | $1.78B | $2.1B | 1.18 | 14 |
|
| 81 |
E-Commerce
Food Delivery
| -$320M | $2.84B | $3.16B | 1.11 | 12 |
|
| 82 |
Oil & Gas
Oilfield Services
| -$349M | $828M | $1.18B | 1.42 | 88 |
|
| 83 |
Luxury & Affluent Consumer
| -$351M | $594M | $945M | 1.59 | 40 |
|
| 84 |
GLP-1 & Obesity
| -$430M | $5.08B | $5.51B | 1.08 | 92 |
|
| 85 |
Copper & Industrial Metals
| -$569M | $1.54B | $2.11B | 1.37 | 79 |
|
| 86 |
Infrastructure & Construction
| -$604M | $1.86B | $2.46B | 1.32 | 127 |
|
| 87 |
Semiconductors
Semicap & Lithography
| -$669M | $1.43B | $2.1B | 1.47 | 21 |
|
| 88 |
Artificial Intelligence
AI Memory & HBM
| -$723M | $2.94B | $3.66B | 1.25 | 12 |
|
| 89 |
Artificial Intelligence
Agentic AI
| -$914M | $2.72B | $3.64B | 1.34 | 13 |
|
| 90 |
Digital Assets
Stablecoin Infrastructure
| -$1.06B | $1.3B | $2.35B | 1.81 | 9 |
|
| 91 |
Cybersecurity
| -$1.15B | $3.52B | $4.67B | 1.33 | 85 |
|
| 92 |
Video Games & Esports
| -$1.32B | $13.4B | $14.7B | 1.1 | 55 |
|
| 93 |
Oil & Gas
| -$1.32B | $9.27B | $10.6B | 1.14 | 361 |
|
| 94 |
Small Business Economy
| -$1.52B | $3.89B | $5.41B | 1.39 | 58 |
|
| 95 |
Online Travel & Experiences
| -$1.55B | $3.91B | $5.45B | 1.4 | 32 |
|
| 96 |
Digital Assets
| -$1.85B | $2.51B | $4.36B | 1.74 | 160 |
|
| 97 |
Internet of Things
| -$2.9B | $23B | $25.9B | 1.13 | 99 |
|
| 98 |
Internet of Things
Wearables
| -$2.95B | $20.2B | $23.1B | 1.15 | 21 |
|
| 99 |
SaaS & Enterprise Software
| -$3.04B | $27B | $30.1B | 1.11 | 266 |
|
| 100 |
Semiconductors
| -$5.29B | $25B | $30.3B | 1.21 | 178 |
|
| 101 |
Artificial Intelligence
Chinese AI
| -$5.44B | $9.95B | $15.4B | 1.55 | 14 |
|
| 102 |
Social Media & Creator Economy
| -$6.17B | $31.3B | $37.5B | 1.2 | 45 |
|
| 103 |
Digital Payments & Fintech
| -$7.62B | $31.9B | $39.5B | 1.24 | 148 |
|
| 104 |
Electrification & Grid
| -$12.8B | $20.3B | $33.1B | 1.63 | 59 |
|
| 105 |
Electric Vehicles
| -$13B | $22.6B | $35.6B | 1.57 | 124 |
|
| 106 |
Electrification & Grid
Energy Storage
| -$13B | $19.9B | $33B | 1.65 | 26 |
|
| 107 |
Autonomous Driving
| -$13.3B | $21.8B | $35.2B | 1.61 | 53 |
|
| 108 |
E-Commerce
Marketplaces
| -$14.6B | $67.8B | $82.5B | 1.22 | 106 |
|
| 109 |
Streaming & Digital Media
| -$14.8B | $57.8B | $72.6B | 1.26 | 120 |
|
| 110 |
E-Commerce
| -$15.2B | $71.8B | $87B | 1.21 | 240 |
|
| 111 |
Artificial Intelligence
| -$15.5B | $60.8B | $76.3B | 1.25 | 264 |
|
| 112 |
Cloud Computing
| -$15.5B | $67.9B | $83.4B | 1.23 | 64 |
|
| 113 |
Digital Assets
Crypto Exchanges
| – | – | – | – | 7 |
|
| 114 |
Cybersecurity
Post-Quantum Cryptography
| – | – | – | – | 6 |
|