Themes With The Most
Fund Call 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

Oil & Gas

361 stocks · 2 sub-themes

$24.9B calls $22.1B puts

Medical Devices & Diagnostics

$15.4B calls $13.7B puts

Immunotherapy & Oncology

$19.1B calls $17.5B puts

Space Economy

64 stocks · 3 sub-themes

$4.83B calls $3.39B puts

Casinos

$5.73B calls $4.45B puts

Sin Stocks

78 stocks · 4 sub-themes

$9.76B calls $8.65B puts

Nuclear Energy

61 stocks · 2 sub-themes

$1.63B calls $1.13B puts

Cannabis

$1.73B calls $1.32B puts

Carbon & Pollution Control

$1.31B calls $914M puts

Sports Betting & iGaming

$3.37B calls $3B puts

LNG

$1.85B calls $1.48B puts

Uranium Mining & Enrichment

$652M calls $284M puts

Energy Efficiency

$1.71B calls $1.38B puts

Small Modular Reactors

$520M calls $237M puts

Genomics & Gene Editing

Gene Therapy

$1.95B calls $1.71B puts

Internet of Things

Smart Home

$1.37B calls $1.14B puts

Data Centers & Digital Infrastructure

Power for AI

$587M calls $366M puts

Electrification & Grid

Grid Equipment

$415M calls $225M puts

Longevity & Aging Population

$1.51B calls $1.32B puts

Streaming & Digital Media

News Media

$410M calls $234M puts

Robotics & Automation

Industrial Automation

$1.43B calls $1.26B puts

Crypto Exchanges

$2.61B calls $2.45B puts

Digital Payments & Fintech

Buy Now Pay Later

$300M calls $150M puts

Satellite Communications

$310M calls $173M puts

Health & Wellness

$4.35B calls $4.22B puts

Bitcoin Miners

$858M calls $726M puts

Online Travel & Experiences

$11.3B calls $11.2B puts

Electric Vehicles

EV Charging Infrastructure

$1.13B calls $1.02B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$2.32B calls $2.22B puts

Firearms

$319M calls $233M puts

Photonics & Optical Interconnect

$832M calls $765M puts

Digital Payments & Fintech

Neobanks

$840M calls $784M puts

GLP-1 & Obesity

Obesity Second-Order Effects

$589M calls $536M puts

Robotics & Automation

Warehouse & Logistics Robotics

$791M calls $741M puts

Electrification & Grid

Transmission Buildout

$115M calls $75M puts

Lithium & Battery Materials

$541M calls $502M puts

Tobacco & Nicotine

$1.38B calls $1.35B puts

Critical Minerals & Rare Earths

$334M calls $299M puts

Launch Services

$56.3M calls $23.1M puts

Infrastructure & Construction

Green Building

$52M calls $23.9M puts

Future of Education

$1.98B calls $1.96B puts

Sanitation

$36.7M calls $25.6M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$75.4M calls $65M puts

Defense Modernization

Military Shipbuilding

$262M calls $252M puts

Wind

$9.73M calls $7.5M puts

Post-Quantum Cryptography

$475K calls $793K puts

Earth Observation

$10.1M calls $14M puts

Water Infrastructure

$168M calls $176M puts

Reshoring & American Manufacturing

$81.7M calls $99.5M puts

Virtual & Augmented Reality

$138M calls $157M puts

3D Printing & Additive Manufacturing

$640M calls $686M puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$8.57B calls $8.63B puts

Water

67 stocks · 2 sub-themes

$690M calls $754M puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$4.97B calls $5.07B puts

Pet Economy

$4.18B calls $4.29B puts

Defense Modernization

Munitions Restocking

$1.54B calls $1.65B puts

Quantum Computing

$2.39B calls $2.54B puts

Defense Modernization

Drones & Counter-Drone

$680M calls $833M puts

Robotics & Automation

83 stocks · 3 sub-themes

$2.72B calls $2.87B puts

Luxury & Affluent Consumer

$1.66B calls $1.84B puts

Agentic AI Security

$1.46B calls $1.68B puts

Robotics & Automation

Humanoid Robotics

$570M calls $834M puts

Identity Security

$1.06B calls $1.34B puts

Hydrogen & Fuel Cells

$1.66B calls $1.95B puts

Clean Energy

134 stocks · 3 sub-themes

$8.82B calls $9.16B puts

Housing & Home Improvement

Homebuilders

$1.59B calls $1.94B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$7.68B calls $8.03B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$787M calls $1.16B puts

Food Delivery

$10.7B calls $11B puts

Alcohol

$2.2B calls $2.58B puts

Solar

$4.45B calls $4.85B puts

Cloud Computing

Edge Computing

$1.89B calls $2.3B puts

Defense Modernization

163 stocks · 4 sub-themes

$16.3B calls $16.7B puts

Agriculture & Food Technology

Precision Agriculture

$1.09B calls $1.53B puts

Oilfield Services

$2.03B calls $2.57B puts

Gold & Precious Metals

Gold & Silver Miners

$5.99B calls $6.68B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$6.07B calls $6.77B puts

Artificial Intelligence

AI Software & Applications

$2.92B calls $3.66B puts

Analog & Power Semis

$3.94B calls $4.79B puts

Artificial Intelligence

Chinese AI

$32.9B calls $33.8B puts

Defense Modernization

Defense Tech & C4ISR

$3.6B calls $4.49B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$4.36B calls $5.45B puts

Video Games & Esports

$34.9B calls $36.1B puts

Reuse, Repair & Circular Economy

$7.23B calls $8.45B puts

Agriculture & Food Technology

Plant-Based Foods

$2.08B calls $3.4B puts

Digital Health & Telemedicine

$6.38B calls $7.82B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$4.19B calls $5.85B puts

Copper & Industrial Metals

$7.92B calls $9.61B puts

Corporate Crypto Treasuries

$4.92B calls $6.89B puts

Stablecoin Infrastructure

$7.64B calls $9.62B puts

Advanced Packaging

$2.46B calls $4.86B puts

Housing & Home Improvement

Home & Garden Retail

$9.55B calls $12B puts

Artificial Intelligence

Agentic AI

$9.8B calls $12.3B puts

Artificial Intelligence

AI Inference Silicon

$3.57B calls $6.11B puts

Small Business Economy

$19.3B calls $22.1B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$13.7B calls $16.5B puts

Cybersecurity

85 stocks · 3 sub-themes

$12.6B calls $15.6B puts

Semicap & Lithography

$4.64B calls $7.8B puts

Artificial Intelligence

AI Memory & HBM

$5.25B calls $8.86B puts

Internet of Things

Wearables

$34.1B calls $39.7B puts

E-Commerce

240 stocks · 2 sub-themes

$200B calls $206B puts

Marketplaces

$180B calls $186B puts

SaaS & Enterprise Software

$71.9B calls $78.2B puts

Digital Assets

160 stocks · 4 sub-themes

$19.7B calls $27B puts

Cloud Computing

64 stocks · 1 sub-theme

$187B calls $195B puts

Internet of Things

99 stocks · 2 sub-themes

$40.7B calls $48.9B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$77.1B calls $88.8B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$155B calls $169B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$174B calls $196B puts

Semiconductors

178 stocks · 4 sub-themes

$62.5B calls $87.1B puts

Electrification & Grid

59 stocks · 3 sub-themes

$96.6B calls $126B puts

Electrification & Grid

Energy Storage

$96B calls $125B puts

Autonomous Driving

53 stocks · 1 sub-theme

$102B calls $132B puts

Electric Vehicles

124 stocks · 1 sub-theme

$110B calls $143B puts