Themes With The Most
Fund Put 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

Cloud Computing

64 stocks · 1 sub-theme

$198B calls $235B puts

E-Commerce

240 stocks · 2 sub-themes

$194B calls $231B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$180B calls $217B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$170B calls $206B puts

Electric Vehicles

124 stocks · 1 sub-theme

$124B calls $159B puts

Marketplaces

$177B calls $210B puts

Autonomous Driving

53 stocks · 1 sub-theme

$117B calls $150B puts

Electrification & Grid

Energy Storage

$110B calls $143B puts

Electrification & Grid

59 stocks · 3 sub-themes

$111B calls $143B puts

Semiconductors

178 stocks · 4 sub-themes

$60.3B calls $90.3B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$81.7B calls $101B puts

SaaS & Enterprise Software

$79.4B calls $91.8B puts

Internet of Things

99 stocks · 2 sub-themes

$41.3B calls $52.9B puts

Internet of Things

Wearables

$34.5B calls $43.7B puts

Digital Assets

160 stocks · 4 sub-themes

$18.9B calls $26.3B puts

Small Business Economy

$19.7B calls $24.8B puts

Semicap & Lithography

$5.69B calls $10.5B puts

Cybersecurity

85 stocks · 3 sub-themes

$15.2B calls $19.9B puts

Artificial Intelligence

AI Memory & HBM

$5.46B calls $9.79B puts

Video Games & Esports

$35.2B calls $39.5B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$14B calls $17.9B puts

Housing & Home Improvement

Home & Garden Retail

$9.89B calls $13.4B puts

Artificial Intelligence

Chinese AI

$27.5B calls $30.9B puts

Stablecoin Infrastructure

$6.94B calls $10.1B puts

Advanced Packaging

$2.7B calls $5.46B puts

Artificial Intelligence

AI Inference Silicon

$3.36B calls $5.74B puts

Artificial Intelligence

Agentic AI

$11.6B calls $13.7B puts

Digital Health & Telemedicine

$5.8B calls $7.69B puts

Clean Energy

134 stocks · 3 sub-themes

$7.18B calls $8.74B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$3.76B calls $5.14B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$4.78B calls $6.11B puts

Copper & Industrial Metals

$8.84B calls $10.1B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$7.6B calls $8.83B puts

Solar

$3.42B calls $4.57B puts

Agriculture & Food Technology

Plant-Based Foods

$1.55B calls $2.66B puts

Agentic AI Security

$2.46B calls $3.53B puts

Gold & Precious Metals

Gold & Silver Miners

$5.88B calls $6.88B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$5.94B calls $6.94B puts

Defense Modernization

Defense Tech & C4ISR

$3.63B calls $4.4B puts

Reuse, Repair & Circular Economy

$6.41B calls $7.18B puts

Identity Security

$1.12B calls $1.81B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$727M calls $1.41B puts

Analog & Power Semis

$4.8B calls $5.44B puts

Hydrogen & Fuel Cells

$1.26B calls $1.88B puts

Oilfield Services

$2.16B calls $2.76B puts

Crypto Exchanges

$2.13B calls $2.68B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$5.66B calls $6.19B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$2.16B calls $2.61B puts

Corporate Crypto Treasuries

$4.07B calls $4.5B puts

Luxury & Affluent Consumer

$1.33B calls $1.74B puts

Food Delivery

$12B calls $12.3B puts

Oil & Gas

361 stocks · 2 sub-themes

$27.7B calls $28.1B puts

Cloud Computing

Edge Computing

$1.71B calls $1.97B puts

Medical Devices & Diagnostics

$16.4B calls $16.6B puts

Agriculture & Food Technology

Precision Agriculture

$1.18B calls $1.38B puts

Defense Modernization

Drones & Counter-Drone

$633M calls $819M puts

Defense Modernization

Munitions Restocking

$1.6B calls $1.76B puts

Health & Wellness

$3.84B calls $4B puts

Housing & Home Improvement

Homebuilders

$1.46B calls $1.62B puts

Artificial Intelligence

AI Software & Applications

$4.65B calls $4.79B puts

Robotics & Automation

Humanoid Robotics

$409M calls $545M puts

Lithium & Battery Materials

$838M calls $913M puts

Robotics & Automation

Warehouse & Logistics Robotics

$1.01B calls $1.08B puts

3D Printing & Additive Manufacturing

$565M calls $625M puts

Water Infrastructure

$134M calls $170M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$43.2M calls $78.7M puts

Robotics & Automation

83 stocks · 3 sub-themes

$2.67B calls $2.7B puts

Water

67 stocks · 2 sub-themes

$704M calls $735M puts

Tobacco & Nicotine

$1.48B calls $1.51B puts

Virtual & Augmented Reality

$70M calls $84.5M puts

Sanitation

$28.3M calls $33.4M puts

Future of Education

$959M calls $961M puts

Wind

$14.8M calls $15M puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$9.76B calls $9.76B puts

Infrastructure & Construction

Green Building

$39.6M calls $37.9M puts

Post-Quantum Cryptography

$3.95M calls $1.22M puts

Robotics & Automation

Industrial Automation

$1.53B calls $1.53B puts

Defense Modernization

Military Shipbuilding

$285M calls $271M puts

Electrification & Grid

Transmission Buildout

$136M calls $111M puts

Reshoring & American Manufacturing

$159M calls $126M puts

Firearms

$238M calls $204M puts

Earth Observation

$83.9M calls $44.3M puts

Launch Services

$135M calls $91.6M puts

Alcohol

$2.15B calls $2.1B puts

Internet of Things

Smart Home

$1.42B calls $1.38B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$612M calls $544M puts

Bitcoin Miners

$818M calls $701M puts

Satellite Communications

$281M calls $163M puts

Critical Minerals & Rare Earths

$425M calls $300M puts

Longevity & Aging Population

$1.69B calls $1.56B puts

Electric Vehicles

EV Charging Infrastructure

$1.16B calls $1.02B puts

Photonics & Optical Interconnect

$797M calls $651M puts

Electrification & Grid

Grid Equipment

$402M calls $238M puts

Digital Payments & Fintech

Neobanks

$886M calls $692M puts

Data Centers & Digital Infrastructure

Power for AI

$732M calls $524M puts

Cannabis

$1.24B calls $1.03B puts

Energy Efficiency

$1.82B calls $1.57B puts

Streaming & Digital Media

News Media

$407M calls $158M puts

LNG

$2.43B calls $2.06B puts

Genomics & Gene Editing

Gene Therapy

$1.71B calls $1.34B puts

Defense Modernization

163 stocks · 4 sub-themes

$21.3B calls $20.8B puts

Space Economy

64 stocks · 3 sub-themes

$3.58B calls $3.1B puts

Pet Economy

$5.02B calls $4.51B puts

Carbon & Pollution Control

$1.46B calls $933M puts

Quantum Computing

$3.28B calls $2.72B puts

Sports Betting & iGaming

$4.36B calls $3.46B puts

Casinos

$6.47B calls $5.55B puts

Online Travel & Experiences

$13.8B calls $12.9B puts

Digital Payments & Fintech

Buy Now Pay Later

$2.03B calls $1.02B puts

Small Modular Reactors

$1.4B calls $357M puts

Uranium Mining & Enrichment

$1.66B calls $591M puts

Nuclear Energy

61 stocks · 2 sub-themes

$2.74B calls $1.52B puts

Sin Stocks

78 stocks · 4 sub-themes

$10.8B calls $9.43B puts

Immunotherapy & Oncology

$22.4B calls $20.1B puts