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

Immunotherapy & Oncology

$20.1B calls $16.3B puts

Oil & Gas

361 stocks · 2 sub-themes

$38.5B calls $35.1B puts

SaaS & Enterprise Software

$51.8B calls $48.4B puts

Medical Devices & Diagnostics

$12.6B calls $9.69B puts

Video Games & Esports

$27.6B calls $24.8B puts

Artificial Intelligence

Chinese AI

$7.94B calls $6.56B puts

Nuclear Energy

61 stocks · 2 sub-themes

$2.54B calls $1.39B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$6.57B calls $5.58B puts

LNG

$4.21B calls $3.27B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$6.79B calls $5.94B puts

Gold & Precious Metals

Gold & Silver Miners

$6.73B calls $5.9B puts

Quantum Computing

$2.83B calls $2.03B puts

Pet Economy

$4.6B calls $3.88B puts

Space Economy

64 stocks · 3 sub-themes

$3.52B calls $2.84B puts

Food Delivery

$5.09B calls $4.43B puts

Genomics & Gene Editing

Gene Therapy

$1.47B calls $857M puts

Sin Stocks

78 stocks · 4 sub-themes

$5.81B calls $5.28B puts

Health & Wellness

$2.14B calls $1.63B puts

Electric Vehicles

EV Charging Infrastructure

$1.71B calls $1.23B puts

Tobacco & Nicotine

$1.56B calls $1.15B puts

Digital Health & Telemedicine

$4.88B calls $4.46B puts

Casinos

$3B calls $2.6B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$1.82B calls $1.45B puts

Uranium Mining & Enrichment

$745M calls $396M puts

Reuse, Repair & Circular Economy

$2.63B calls $2.3B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$10.6B calls $10.3B puts

Data Centers & Digital Infrastructure

Power for AI

$578M calls $271M puts

Defense Modernization

Defense Tech & C4ISR

$2.46B calls $2.16B puts

Small Modular Reactors

$599M calls $316M puts

Electrification & Grid

Grid Equipment

$444M calls $166M puts

Carbon & Pollution Control

$2.76B calls $2.54B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$622M calls $402M puts

Energy Efficiency

$1.54B calls $1.34B puts

Photonics & Optical Interconnect

$440M calls $246M puts

Internet of Things

Smart Home

$767M calls $583M puts

Identity Security

$652M calls $468M puts

Reshoring & American Manufacturing

$318M calls $146M puts

Defense Modernization

163 stocks · 4 sub-themes

$11B calls $10.9B puts

Small Business Economy

$6.93B calls $6.78B puts

Robotics & Automation

83 stocks · 3 sub-themes

$1.98B calls $1.84B puts

Defense Modernization

Military Shipbuilding

$354M calls $221M puts

Defense Modernization

Munitions Restocking

$1.65B calls $1.52B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$2.41B calls $2.29B puts

Cannabis

$381M calls $280M puts

Longevity & Aging Population

$1.62B calls $1.56B puts

Critical Minerals & Rare Earths

$236M calls $181M puts

Robotics & Automation

Industrial Automation

$1.62B calls $1.58B puts

Defense Modernization

Drones & Counter-Drone

$957M calls $923M puts

Launch Services

$36.9M calls $11.5M puts

Bitcoin Miners

$336M calls $315M puts

Cloud Computing

Edge Computing

$967M calls $949M puts

Virtual & Augmented Reality

$39.6M calls $22M puts

Robotics & Automation

Warehouse & Logistics Robotics

$1.09B calls $1.07B puts

Robotics & Automation

Humanoid Robotics

$113M calls $97.6M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$50.9M calls $36M puts

Future of Education

$491M calls $476M puts

Earth Observation

$13.8M calls $2.77M puts

Satellite Communications

$105M calls $96.1M puts

Sanitation

$17.3M calls $12.2M puts

Post-Quantum Cryptography

$3.27M calls $72K puts

Digital Payments & Fintech

Buy Now Pay Later

$329M calls $327M puts

Water Infrastructure

$107M calls $106M puts

Wind

$6.07M calls $10.5M puts

Infrastructure & Construction

Green Building

$10.6M calls $18.2M puts

Artificial Intelligence

AI Software & Applications

$893M calls $903M puts

Electrification & Grid

Transmission Buildout

$123M calls $134M puts

Water

67 stocks · 2 sub-themes

$500M calls $524M puts

Streaming & Digital Media

News Media

$99.2M calls $139M puts

Luxury & Affluent Consumer

$1.15B calls $1.19B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$564M calls $609M puts

Sports Betting & iGaming

$976M calls $1.03B puts

Crypto Exchanges

$1.19B calls $1.25B puts

Hydrogen & Fuel Cells

$1.2B calls $1.29B puts

Agriculture & Food Technology

Plant-Based Foods

$499M calls $599M puts

3D Printing & Additive Manufacturing

$281M calls $418M puts

Firearms

$142M calls $284M puts

Alcohol

$1B calls $1.17B puts

Digital Payments & Fintech

Neobanks

$394M calls $580M puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$3.93B calls $4.18B puts

Lithium & Battery Materials

$1.06B calls $1.41B puts

Corporate Crypto Treasuries

$1.53B calls $1.89B puts

Agriculture & Food Technology

Precision Agriculture

$1.46B calls $1.86B puts

Stablecoin Infrastructure

$5.45B calls $5.88B puts

Analog & Power Semis

$4.25B calls $4.76B puts

Artificial Intelligence

AI Inference Silicon

$2.83B calls $3.36B puts

Housing & Home Improvement

Homebuilders

$879M calls $1.45B puts

Artificial Intelligence

Agentic AI

$4.38B calls $5.03B puts

Oilfield Services

$2.47B calls $3.14B puts

Advanced Packaging

$1.68B calls $2.39B puts

Semicap & Lithography

$3.79B calls $4.63B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$4.12B calls $4.98B puts

Copper & Industrial Metals

$5.45B calls $6.32B puts

Housing & Home Improvement

Home & Garden Retail

$6.55B calls $7.47B puts

Digital Assets

160 stocks · 4 sub-themes

$9.45B calls $10.4B puts

Solar

$5.09B calls $6.77B puts

Clean Energy

134 stocks · 3 sub-themes

$9.46B calls $11.2B puts

Artificial Intelligence

AI Memory & HBM

$3.02B calls $4.84B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$8.85B calls $10.8B puts

Online Travel & Experiences

$6.24B calls $8.6B puts

Cybersecurity

85 stocks · 3 sub-themes

$10.5B calls $12.9B puts

Agentic AI Security

$2.7B calls $5.38B puts

Electrification & Grid

59 stocks · 3 sub-themes

$70.3B calls $73B puts

Autonomous Driving

53 stocks · 1 sub-theme

$72.2B calls $75B puts

Electric Vehicles

124 stocks · 1 sub-theme

$79.2B calls $82.1B puts

Electrification & Grid

Energy Storage

$69.7B calls $72.6B puts

Cloud Computing

64 stocks · 1 sub-theme

$87.7B calls $92B puts

E-Commerce

240 stocks · 2 sub-themes

$90.1B calls $95.9B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$51.7B calls $57.6B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$94.5B calls $100B puts

Internet of Things

Wearables

$31.3B calls $37.3B puts

Internet of Things

99 stocks · 2 sub-themes

$36.1B calls $42.3B puts

Marketplaces

$84B calls $90.8B puts

Semiconductors

178 stocks · 4 sub-themes

$41.5B calls $51.4B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$68.4B calls $79.8B puts