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 |
Streaming & Digital Media
| $11.5B | $79.8B | $68.4B | 1.17 | 120 |
|
| 2 |
Semiconductors
| $9.9B | $51.4B | $41.5B | 1.24 | 178 |
|
| 3 |
E-Commerce
Marketplaces
| $6.84B | $90.8B | $84B | 1.08 | 106 |
|
| 4 |
Internet of Things
| $6.24B | $42.3B | $36.1B | 1.17 | 99 |
|
| 5 |
Internet of Things
Wearables
| $5.98B | $37.3B | $31.3B | 1.19 | 21 |
|
| 6 |
Artificial Intelligence
| $5.92B | $100B | $94.5B | 1.06 | 264 |
|
| 7 |
Digital Payments & Fintech
| $5.9B | $57.6B | $51.7B | 1.11 | 148 |
|
| 8 |
E-Commerce
| $5.84B | $95.9B | $90.1B | 1.06 | 240 |
|
| 9 |
Cloud Computing
| $4.26B | $92B | $87.7B | 1.05 | 64 |
|
| 10 |
Electrification & Grid
Energy Storage
| $2.96B | $72.6B | $69.7B | 1.04 | 26 |
|
| 11 |
Electric Vehicles
| $2.92B | $82.1B | $79.2B | 1.04 | 124 |
|
| 12 |
Autonomous Driving
| $2.75B | $75B | $72.2B | 1.04 | 53 |
|
| 13 |
Electrification & Grid
| $2.69B | $73B | $70.3B | 1.04 | 59 |
|
| 14 |
Cybersecurity
Agentic AI Security
| $2.69B | $5.38B | $2.7B | 2 | 2 |
|
| 15 |
Cybersecurity
| $2.44B | $12.9B | $10.5B | 1.23 | 85 |
|
| 16 |
Online Travel & Experiences
| $2.36B | $8.6B | $6.24B | 1.38 | 32 |
|
| 17 |
Housing & Home Improvement
| $1.92B | $10.8B | $8.85B | 1.22 | 223 |
|
| 18 |
Artificial Intelligence
AI Memory & HBM
| $1.82B | $4.84B | $3.02B | 1.6 | 12 |
|
| 19 |
Clean Energy
| $1.69B | $11.2B | $9.46B | 1.18 | 134 |
|
| 20 |
Clean Energy
Solar
| $1.68B | $6.77B | $5.09B | 1.33 | 54 |
|
| 21 |
Digital Assets
| $998M | $10.4B | $9.45B | 1.11 | 160 |
|
| 22 |
Housing & Home Improvement
Home & Garden Retail
| $923M | $7.47B | $6.55B | 1.14 | 30 |
|
| 23 |
Copper & Industrial Metals
| $876M | $6.32B | $5.45B | 1.16 | 79 |
|
| 24 |
Infrastructure & Construction
| $861M | $4.98B | $4.12B | 1.21 | 127 |
|
| 25 |
Semiconductors
Semicap & Lithography
| $847M | $4.63B | $3.79B | 1.22 | 21 |
|
| 26 |
Semiconductors
Advanced Packaging
| $714M | $2.39B | $1.68B | 1.43 | 10 |
|
| 27 |
Oil & Gas
Oilfield Services
| $668M | $3.14B | $2.47B | 1.27 | 88 |
|
| 28 |
Artificial Intelligence
Agentic AI
| $651M | $5.03B | $4.38B | 1.15 | 13 |
|
| 29 |
Housing & Home Improvement
Homebuilders
| $576M | $1.45B | $879M | 1.66 | 45 |
|
| 30 |
Artificial Intelligence
AI Inference Silicon
| $527M | $3.36B | $2.83B | 1.19 | 7 |
|
| 31 |
Semiconductors
Analog & Power Semis
| $504M | $4.76B | $4.25B | 1.12 | 27 |
|
| 32 |
Digital Assets
Stablecoin Infrastructure
| $427M | $5.88B | $5.45B | 1.08 | 9 |
|
| 33 |
Agriculture & Food Technology
Precision Agriculture
| $399M | $1.86B | $1.46B | 1.27 | 4 |
|
| 34 |
Digital Assets
Corporate Crypto Treasuries
| $368M | $1.89B | $1.53B | 1.24 | 63 |
|
| 35 |
Lithium & Battery Materials
| $348M | $1.41B | $1.06B | 1.33 | 47 |
|
| 36 |
Agriculture & Food Technology
| $249M | $4.18B | $3.93B | 1.06 | 79 |
|
| 37 |
Digital Payments & Fintech
Neobanks
| $186M | $580M | $394M | 1.47 | 25 |
|
| 38 |
Sin Stocks
Alcohol
| $174M | $1.17B | $1B | 1.17 | 24 |
|
| 39 |
Sin Stocks
Firearms
| $141M | $284M | $142M | 1.99 | 12 |
|
| 40 |
3D Printing & Additive Manufacturing
| $138M | $418M | $281M | 1.49 | 20 |
|
| 41 |
Agriculture & Food Technology
Plant-Based Foods
| $100M | $599M | $499M | 1.2 | 17 |
|
| 42 |
Clean Energy
Hydrogen & Fuel Cells
| $97.8M | $1.29B | $1.2B | 1.08 | 13 |
|
| 43 |
Digital Assets
Crypto Exchanges
| $58.5M | $1.25B | $1.19B | 1.05 | 7 |
|
| 44 |
Sports Betting & iGaming
| $55.4M | $1.03B | $976M | 1.06 | 29 |
|
| 45 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $45.4M | $609M | $564M | 1.08 | 19 |
|
| 46 |
Luxury & Affluent Consumer
| $42.8M | $1.19B | $1.15B | 1.04 | 40 |
|
| 47 |
Streaming & Digital Media
News Media
| $39.3M | $139M | $99.2M | 1.4 | 26 |
|
| 48 |
Water
| $23.8M | $524M | $500M | 1.05 | 67 |
|
| 49 |
Electrification & Grid
Transmission Buildout
| $11.6M | $134M | $123M | 1.09 | 6 |
|
| 50 |
Artificial Intelligence
AI Software & Applications
| $9.52M | $903M | $893M | 1.01 | 85 |
|
| 51 |
Infrastructure & Construction
Green Building
| $7.58M | $18.2M | $10.6M | 1.72 | 5 |
|
| 52 |
Clean Energy
Wind
| $4.44M | $10.5M | $6.07M | 1.73 | 9 |
|
| 53 |
Water
Water Infrastructure
| -$481K | $106M | $107M | 1 | 17 |
|
| 54 |
Digital Payments & Fintech
Buy Now Pay Later
| -$1.6M | $327M | $329M | 1 | 13 |
|
| 55 |
Cybersecurity
Post-Quantum Cryptography
| -$3.2M | $72K | $3.27M | 0.02 | 6 |
|
| 56 |
Water
Sanitation
| -$5.06M | $12.2M | $17.3M | 0.71 | 8 |
|
| 57 |
Space Economy
Satellite Communications
| -$8.51M | $96.1M | $105M | 0.92 | 16 |
|
| 58 |
Space Economy
Earth Observation
| -$11.1M | $2.77M | $13.8M | 0.2 | 6 |
|
| 59 |
Future of Education
| -$14.6M | $476M | $491M | 0.97 | 77 |
|
| 60 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$14.8M | $36M | $50.9M | 0.71 | 9 |
|
| 61 |
Robotics & Automation
Humanoid Robotics
| -$15M | $97.6M | $113M | 0.87 | 5 |
|
| 62 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$17.5M | $1.07B | $1.09B | 0.98 | 3 |
|
| 63 |
Virtual & Augmented Reality
| -$17.5M | $22M | $39.6M | 0.56 | 20 |
|
| 64 |
Cloud Computing
Edge Computing
| -$18.3M | $949M | $967M | 0.98 | 11 |
|
| 65 |
Digital Assets
Bitcoin Miners
| -$20.9M | $315M | $336M | 0.94 | 40 |
|
| 66 |
Space Economy
Launch Services
| -$25.4M | $11.5M | $36.9M | 0.31 | 5 |
|
| 67 |
Defense Modernization
Drones & Counter-Drone
| -$34.6M | $923M | $957M | 0.96 | 30 |
|
| 68 |
Robotics & Automation
Industrial Automation
| -$34.8M | $1.58B | $1.62B | 0.98 | 16 |
|
| 69 |
Critical Minerals & Rare Earths
| -$54.9M | $181M | $236M | 0.77 | 60 |
|
| 70 |
Longevity & Aging Population
| -$58M | $1.56B | $1.62B | 0.96 | 60 |
|
| 71 |
Cannabis
| -$101M | $280M | $381M | 0.74 | 52 |
|
| 72 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| -$117M | $2.29B | $2.41B | 0.95 | 14 |
|
| 73 |
Defense Modernization
Munitions Restocking
| -$124M | $1.52B | $1.65B | 0.92 | 11 |
|
| 74 |
Defense Modernization
Military Shipbuilding
| -$133M | $221M | $354M | 0.62 | 6 |
|
| 75 |
Robotics & Automation
| -$136M | $1.84B | $1.98B | 0.93 | 83 |
|
| 76 |
Small Business Economy
| -$146M | $6.78B | $6.93B | 0.98 | 58 |
|
| 77 |
Defense Modernization
| -$148M | $10.9B | $11B | 0.99 | 163 |
|
| 78 |
Reshoring & American Manufacturing
| -$172M | $146M | $318M | 0.46 | 20 |
|
| 79 |
Cybersecurity
Identity Security
| -$184M | $468M | $652M | 0.72 | 15 |
|
| 80 |
Internet of Things
Smart Home
| -$184M | $583M | $767M | 0.76 | 17 |
|
| 81 |
Semiconductors
Photonics & Optical Interconnect
| -$194M | $246M | $440M | 0.56 | 20 |
|
| 82 |
Energy Efficiency
| -$204M | $1.34B | $1.54B | 0.87 | 31 |
|
| 83 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$220M | $402M | $622M | 0.65 | 26 |
|
| 84 |
Carbon & Pollution Control
| -$225M | $2.54B | $2.76B | 0.92 | 23 |
|
| 85 |
Electrification & Grid
Grid Equipment
| -$278M | $166M | $444M | 0.37 | 10 |
|
| 86 |
Nuclear Energy
Small Modular Reactors
| -$283M | $316M | $599M | 0.53 | 12 |
|
| 87 |
Defense Modernization
Defense Tech & C4ISR
| -$307M | $2.16B | $2.46B | 0.88 | 53 |
|
| 88 |
Data Centers & Digital Infrastructure
Power for AI
| -$307M | $271M | $578M | 0.47 | 22 |
|
| 89 |
GLP-1 & Obesity
| -$307M | $10.3B | $10.6B | 0.97 | 92 |
|
| 90 |
Reuse, Repair & Circular Economy
| -$327M | $2.3B | $2.63B | 0.88 | 68 |
|
| 91 |
Nuclear Energy
Uranium Mining & Enrichment
| -$349M | $396M | $745M | 0.53 | 20 |
|
| 92 |
Data Centers & Digital Infrastructure
| -$374M | $1.45B | $1.82B | 0.8 | 78 |
|
| 93 |
Sin Stocks
Casinos
| -$405M | $2.6B | $3B | 0.87 | 24 |
|
| 94 |
Digital Health & Telemedicine
| -$416M | $4.46B | $4.88B | 0.91 | 84 |
|
| 95 |
Sin Stocks
Tobacco & Nicotine
| -$418M | $1.15B | $1.56B | 0.73 | 13 |
|
| 96 |
Electric Vehicles
EV Charging Infrastructure
| -$475M | $1.23B | $1.71B | 0.72 | 21 |
|
| 97 |
Health & Wellness
| -$503M | $1.63B | $2.14B | 0.76 | 78 |
|
| 98 |
Sin Stocks
| -$523M | $5.28B | $5.81B | 0.91 | 78 |
|
| 99 |
Genomics & Gene Editing
Gene Therapy
| -$614M | $857M | $1.47B | 0.58 | 131 |
|
| 100 |
E-Commerce
Food Delivery
| -$662M | $4.43B | $5.09B | 0.87 | 12 |
|
| 101 |
Space Economy
| -$688M | $2.84B | $3.52B | 0.8 | 64 |
|
| 102 |
Pet Economy
| -$721M | $3.88B | $4.6B | 0.84 | 34 |
|
| 103 |
Quantum Computing
| -$802M | $2.03B | $2.83B | 0.72 | 19 |
|
| 104 |
Gold & Precious Metals
Gold & Silver Miners
| -$837M | $5.9B | $6.73B | 0.88 | 124 |
|
| 105 |
Gold & Precious Metals
| -$854M | $5.94B | $6.79B | 0.87 | 133 |
|
| 106 |
Oil & Gas
LNG
| -$940M | $3.27B | $4.21B | 0.78 | 32 |
|
| 107 |
Genomics & Gene Editing
| -$984M | $5.58B | $6.57B | 0.85 | 199 |
|
| 108 |
Nuclear Energy
| -$1.15B | $1.39B | $2.54B | 0.55 | 61 |
|
| 109 |
Artificial Intelligence
Chinese AI
| -$1.38B | $6.56B | $7.94B | 0.83 | 14 |
|
| 110 |
Social Media & Creator Economy
| -$1.48B | $60.4B | $61.8B | 0.98 | 45 |
|
| 111 |
Video Games & Esports
| -$2.81B | $24.8B | $27.6B | 0.9 | 55 |
|
| 112 |
Medical Devices & Diagnostics
| -$2.91B | $9.69B | $12.6B | 0.77 | 342 |
|
| 113 |
SaaS & Enterprise Software
| -$3.34B | $48.4B | $51.8B | 0.94 | 266 |
|
| 114 |
Oil & Gas
| -$3.4B | $35.1B | $38.5B | 0.91 | 361 |
|
| 115 |
Immunotherapy & Oncology
| -$3.77B | $16.3B | $20.1B | 0.81 | 388 |
|