Themes With The Most
Fund Put 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 puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Artificial Intelligence
| $29.2B | $192B | $163B | 1.18 | 264 |
|
| 2 |
Streaming & Digital Media
| $29.2B | $171B | $141B | 1.21 | 120 |
|
| 3 |
Cloud Computing
| $25B | $193B | $168B | 1.15 | 64 |
|
| 4 |
E-Commerce
| $22.4B | $175B | $153B | 1.15 | 240 |
|
| 5 |
Semiconductors
| $21.7B | $86.6B | $64.9B | 1.33 | 178 |
|
| 6 |
E-Commerce
Marketplaces
| $20.6B | $163B | $142B | 1.14 | 106 |
|
| 7 |
Digital Payments & Fintech
| $14.7B | $86.4B | $71.7B | 1.21 | 148 |
|
| 8 |
Social Media & Creator Economy
| $13B | $110B | $96.8B | 1.13 | 45 |
|
| 9 |
Internet of Things
| $8.3B | $50.9B | $42.6B | 1.2 | 99 |
|
| 10 |
Internet of Things
Wearables
| $7.16B | $43.8B | $36.6B | 1.2 | 21 |
|
| 11 |
Digital Assets
| $4.14B | $23B | $18.8B | 1.22 | 160 |
|
| 12 |
Cybersecurity
| $3.53B | $18.8B | $15.3B | 1.23 | 85 |
|
| 13 |
SaaS & Enterprise Software
| $3.49B | $69.3B | $65.8B | 1.05 | 266 |
|
| 14 |
Small Business Economy
| $3.36B | $17.6B | $14.3B | 1.24 | 58 |
|
| 15 |
Online Travel & Experiences
| $3.05B | $13.5B | $10.5B | 1.29 | 32 |
|
| 16 |
Artificial Intelligence
AI Memory & HBM
| $2.95B | $7.68B | $4.74B | 1.62 | 12 |
|
| 17 |
Cybersecurity
Agentic AI Security
| $2.59B | $6.59B | $4B | 1.65 | 2 |
|
| 18 |
Housing & Home Improvement
| $2.22B | $12B | $9.8B | 1.23 | 223 |
|
| 19 |
Semiconductors
Semicap & Lithography
| $1.86B | $6.77B | $4.91B | 1.38 | 21 |
|
| 20 |
Digital Assets
Stablecoin Infrastructure
| $1.67B | $9.24B | $7.57B | 1.22 | 9 |
|
| 21 |
Housing & Home Improvement
Home & Garden Retail
| $1.64B | $8.23B | $6.59B | 1.25 | 30 |
|
| 22 |
Video Games & Esports
| $1.47B | $33.5B | $32B | 1.05 | 55 |
|
| 23 |
Defense Modernization
| $1.35B | $19.2B | $17.9B | 1.08 | 163 |
|
| 24 |
Copper & Industrial Metals
| $1.3B | $11.6B | $10.3B | 1.13 | 79 |
|
| 25 |
Semiconductors
Advanced Packaging
| $1.28B | $3.77B | $2.49B | 1.51 | 10 |
|
| 26 |
Artificial Intelligence
Agentic AI
| $1.28B | $8.48B | $7.2B | 1.18 | 13 |
|
| 27 |
Artificial Intelligence
AI Inference Silicon
| $1.22B | $5.04B | $3.82B | 1.32 | 7 |
|
| 28 |
Genomics & Gene Editing
| $1.16B | $6.02B | $4.85B | 1.24 | 199 |
|
| 29 |
GLP-1 & Obesity
| $752M | $10.3B | $9.52B | 1.08 | 92 |
|
| 30 |
Artificial Intelligence
AI Software & Applications
| $588M | $3.5B | $2.91B | 1.2 | 85 |
|
| 31 |
Clean Energy
Solar
| $457M | $3.67B | $3.22B | 1.14 | 54 |
|
| 32 |
Semiconductors
Analog & Power Semis
| $365M | $4.56B | $4.2B | 1.09 | 27 |
|
| 33 |
Sin Stocks
| $334M | $6.77B | $6.43B | 1.05 | 78 |
|
| 34 |
Sin Stocks
Casinos
| $281M | $3.73B | $3.44B | 1.08 | 24 |
|
| 35 |
3D Printing & Additive Manufacturing
| $272M | $671M | $400M | 1.68 | 20 |
|
| 36 |
Cybersecurity
Identity Security
| $260M | $1.15B | $891M | 1.29 | 15 |
|
| 37 |
Artificial Intelligence
Chinese AI
| $259M | $17.3B | $17.1B | 1.02 | 14 |
|
| 38 |
Agriculture & Food Technology
Plant-Based Foods
| $242M | $1.48B | $1.23B | 1.2 | 17 |
|
| 39 |
Clean Energy
Hydrogen & Fuel Cells
| $226M | $1.35B | $1.13B | 1.2 | 13 |
|
| 40 |
Cloud Computing
Edge Computing
| $206M | $1.74B | $1.53B | 1.13 | 11 |
|
| 41 |
Sin Stocks
Alcohol
| $193M | $1.23B | $1.04B | 1.18 | 24 |
|
| 42 |
Digital Payments & Fintech
Buy Now Pay Later
| $175M | $947M | $771M | 1.23 | 13 |
|
| 43 |
Infrastructure & Construction
| $173M | $5.43B | $5.26B | 1.03 | 127 |
|
| 44 |
Digital Payments & Fintech
Neobanks
| $126M | $740M | $614M | 1.2 | 25 |
|
| 45 |
Oil & Gas
Oilfield Services
| $115M | $3.22B | $3.1B | 1.04 | 88 |
|
| 46 |
Sports Betting & iGaming
| $77.6M | $1.56B | $1.48B | 1.05 | 29 |
|
| 47 |
Internet of Things
Smart Home
| $73.9M | $693M | $619M | 1.12 | 17 |
|
| 48 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $68.5M | $933M | $864M | 1.08 | 19 |
|
| 49 |
Housing & Home Improvement
Homebuilders
| $68.2M | $1.32B | $1.25B | 1.05 | 45 |
|
| 50 |
Robotics & Automation
Humanoid Robotics
| $65.2M | $304M | $239M | 1.27 | 5 |
|
| 51 |
Sin Stocks
Firearms
| $55.5M | $220M | $164M | 1.34 | 12 |
|
| 52 |
Digital Assets
Corporate Crypto Treasuries
| $37.3M | $4.7B | $4.66B | 1.01 | 63 |
|
| 53 |
Infrastructure & Construction
Green Building
| $30.8M | $47M | $16.2M | 2.9 | 5 |
|
| 54 |
Virtual & Augmented Reality
| $12.3M | $118M | $106M | 1.12 | 20 |
|
| 55 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| $3.59M | $4.33B | $4.33B | 1 | 14 |
|
| 56 |
Digital Assets
Crypto Exchanges
| $75K | $2.1B | $2.1B | 1 | 7 |
|
| 57 |
Space Economy
Earth Observation
| -$2.6M | $8.04M | $10.6M | 0.76 | 6 |
|
| 58 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$3.99M | $44.8M | $48.8M | 0.92 | 9 |
|
| 59 |
Water
Sanitation
| -$5.65M | $20.7M | $26.4M | 0.79 | 8 |
|
| 60 |
Clean Energy
Wind
| -$8.99M | $31.5M | $40.5M | 0.78 | 9 |
|
| 61 |
Cybersecurity
Post-Quantum Cryptography
| -$14.1M | $8.96M | $23.1M | 0.39 | 6 |
|
| 62 |
Water
Water Infrastructure
| -$25.1M | $150M | $175M | 0.86 | 17 |
|
| 63 |
Space Economy
Satellite Communications
| -$38.7M | $89.9M | $129M | 0.7 | 16 |
|
| 64 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$47.9M | $497M | $545M | 0.91 | 26 |
|
| 65 |
Space Economy
Launch Services
| -$50.2M | $41.9M | $92.1M | 0.46 | 5 |
|
| 66 |
Semiconductors
Photonics & Optical Interconnect
| -$70.5M | $466M | $536M | 0.87 | 20 |
|
| 67 |
Water
| -$74M | $600M | $674M | 0.89 | 67 |
|
| 68 |
Lithium & Battery Materials
| -$74.6M | $756M | $831M | 0.91 | 47 |
|
| 69 |
Future of Education
| -$84.9M | $509M | $594M | 0.86 | 77 |
|
| 70 |
Agriculture & Food Technology
Precision Agriculture
| -$93.6M | $1.7B | $1.79B | 0.95 | 4 |
|
| 71 |
Digital Health & Telemedicine
| -$124M | $4.73B | $4.86B | 0.97 | 84 |
|
| 72 |
Streaming & Digital Media
News Media
| -$128M | $125M | $254M | 0.49 | 26 |
|
| 73 |
Reshoring & American Manufacturing
| -$152M | $280M | $432M | 0.65 | 20 |
|
| 74 |
Critical Minerals & Rare Earths
| -$156M | $398M | $554M | 0.72 | 60 |
|
| 75 |
Sin Stocks
Tobacco & Nicotine
| -$157M | $1.43B | $1.59B | 0.9 | 13 |
|
| 76 |
Clean Energy
| -$179M | $7.67B | $7.85B | 0.98 | 134 |
|
| 77 |
Robotics & Automation
| -$180M | $2.09B | $2.27B | 0.92 | 83 |
|
| 78 |
Cannabis
| -$189M | $622M | $810M | 0.77 | 52 |
|
| 79 |
Digital Assets
Bitcoin Miners
| -$192M | $678M | $870M | 0.78 | 40 |
|
| 80 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$226M | $809M | $1.03B | 0.78 | 3 |
|
| 81 |
Electric Vehicles
EV Charging Infrastructure
| -$243M | $1.31B | $1.55B | 0.84 | 21 |
|
| 82 |
Defense Modernization
Military Shipbuilding
| -$266M | $247M | $514M | 0.48 | 6 |
|
| 83 |
Electrification & Grid
Transmission Buildout
| -$268M | $124M | $392M | 0.32 | 6 |
|
| 84 |
Electrification & Grid
Grid Equipment
| -$270M | $148M | $418M | 0.35 | 10 |
|
| 85 |
Luxury & Affluent Consumer
| -$273M | $1.29B | $1.57B | 0.83 | 40 |
|
| 86 |
Genomics & Gene Editing
Gene Therapy
| -$281M | $776M | $1.06B | 0.73 | 131 |
|
| 87 |
Robotics & Automation
Industrial Automation
| -$297M | $1.42B | $1.72B | 0.83 | 16 |
|
| 88 |
Data Centers & Digital Infrastructure
Power for AI
| -$313M | $307M | $620M | 0.5 | 22 |
|
| 89 |
Longevity & Aging Population
| -$316M | $1.38B | $1.7B | 0.81 | 60 |
|
| 90 |
E-Commerce
Food Delivery
| -$387M | $8.19B | $8.57B | 0.95 | 12 |
|
| 91 |
Health & Wellness
| -$401M | $1.95B | $2.35B | 0.83 | 78 |
|
| 92 |
Data Centers & Digital Infrastructure
| -$473M | $1.98B | $2.45B | 0.81 | 78 |
|
| 93 |
Nuclear Energy
Small Modular Reactors
| -$476M | $368M | $844M | 0.44 | 12 |
|
| 94 |
Defense Modernization
Drones & Counter-Drone
| -$536M | $764M | $1.3B | 0.59 | 30 |
|
| 95 |
Energy Efficiency
| -$567M | $1.15B | $1.72B | 0.67 | 31 |
|
| 96 |
Pet Economy
| -$577M | $4.01B | $4.58B | 0.87 | 34 |
|
| 97 |
Space Economy
| -$593M | $4.83B | $5.42B | 0.89 | 64 |
|
| 98 |
Nuclear Energy
Uranium Mining & Enrichment
| -$663M | $521M | $1.18B | 0.44 | 20 |
|
| 99 |
Defense Modernization
Defense Tech & C4ISR
| -$748M | $3.44B | $4.19B | 0.82 | 53 |
|
| 100 |
Defense Modernization
Munitions Restocking
| -$901M | $1.38B | $2.28B | 0.6 | 11 |
|
| 101 |
Reuse, Repair & Circular Economy
| -$931M | $5.14B | $6.07B | 0.85 | 68 |
|
| 102 |
Quantum Computing
| -$939M | $1.96B | $2.89B | 0.68 | 19 |
|
| 103 |
Carbon & Pollution Control
| -$1.17B | $2.26B | $3.43B | 0.66 | 23 |
|
| 104 |
Nuclear Energy
| -$1.2B | $1.57B | $2.77B | 0.57 | 61 |
|
| 105 |
Oil & Gas
LNG
| -$1.27B | $2.86B | $4.14B | 0.69 | 32 |
|
| 106 |
Gold & Precious Metals
Gold & Silver Miners
| -$1.98B | $6.75B | $8.74B | 0.77 | 124 |
|
| 107 |
Gold & Precious Metals
| -$2.03B | $6.82B | $8.85B | 0.77 | 133 |
|
| 108 |
Agriculture & Food Technology
| -$2.05B | $5.82B | $7.87B | 0.74 | 79 |
|
| 109 |
Immunotherapy & Oncology
| -$2.48B | $19.3B | $21.7B | 0.89 | 388 |
|
| 110 |
Medical Devices & Diagnostics
| -$3.19B | $11.2B | $14.4B | 0.78 | 342 |
|
| 111 |
Oil & Gas
| -$6.27B | $32.6B | $38.9B | 0.84 | 361 |
|
| 112 |
Electric Vehicles
| -$7.25B | $138B | $145B | 0.95 | 124 |
|
| 113 |
Autonomous Driving
| -$8.14B | $129B | $137B | 0.94 | 53 |
|
| 114 |
Electrification & Grid
Energy Storage
| -$8.28B | $124B | $132B | 0.94 | 26 |
|
| 115 |
Electrification & Grid
| -$8.79B | $124B | $133B | 0.93 | 59 |
|