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

Semiconductors

178 stocks · 4 sub-themes

$52.5B calls $59.4B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$10.5B calls $14.2B puts

Online Travel & Experiences

$6.58B calls $10.1B puts

Clean Energy

134 stocks · 3 sub-themes

$9.76B calls $13.1B puts

Solar

$5.42B calls $8.67B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$5.8B calls $8.77B puts

Housing & Home Improvement

Home & Garden Retail

$7.92B calls $10.2B puts

Agentic AI Security

$2.51B calls $4.59B puts

Copper & Industrial Metals

$7.36B calls $8.82B puts

Artificial Intelligence

AI Memory & HBM

$4.25B calls $5.67B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$3.97B calls $5.35B puts

Semicap & Lithography

$5.98B calls $7.27B puts

Agriculture & Food Technology

Precision Agriculture

$1.8B calls $3.03B puts

Oilfield Services

$3.53B calls $4.57B puts

Housing & Home Improvement

Homebuilders

$1.07B calls $2.04B puts

Internet of Things

99 stocks · 2 sub-themes

$36.4B calls $37.3B puts

Longevity & Aging Population

$1.74B calls $2.48B puts

Lithium & Battery Materials

$941M calls $1.59B puts

Digital Assets

160 stocks · 4 sub-themes

$8.32B calls $8.9B puts

Robotics & Automation

Warehouse & Logistics Robotics

$1.49B calls $2.04B puts

Carbon & Pollution Control

$2.61B calls $3.13B puts

Internet of Things

Wearables

$31.4B calls $31.9B puts

Defense Modernization

163 stocks · 4 sub-themes

$15.7B calls $16.2B puts

Robotics & Automation

Industrial Automation

$2.29B calls $2.74B puts

Oil & Gas

361 stocks · 2 sub-themes

$43.6B calls $44.1B puts

Energy Efficiency

$2.07B calls $2.43B puts

Artificial Intelligence

AI Inference Silicon

$2.97B calls $3.3B puts

Analog & Power Semis

$4.64B calls $4.96B puts

Stablecoin Infrastructure

$4.21B calls $4.48B puts

Robotics & Automation

83 stocks · 3 sub-themes

$2.83B calls $3.09B puts

Corporate Crypto Treasuries

$1.26B calls $1.48B puts

Artificial Intelligence

Agentic AI

$4.38B calls $4.59B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$616M calls $821M puts

Crypto Exchanges

$751M calls $955M puts

Luxury & Affluent Consumer

$1.41B calls $1.55B puts

Advanced Packaging

$1.87B calls $2B puts

Streaming & Digital Media

News Media

$98.3M calls $219M puts

Future of Education

$580M calls $690M puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$11.7B calls $11.8B puts

Firearms

$108M calls $214M puts

Agriculture & Food Technology

Plant-Based Foods

$540M calls $637M puts

Digital Payments & Fintech

Neobanks

$384M calls $471M puts

Hydrogen & Fuel Cells

$996M calls $1.07B puts

Defense Modernization

Drones & Counter-Drone

$1.37B calls $1.4B puts

3D Printing & Additive Manufacturing

$247M calls $276M puts

Infrastructure & Construction

Green Building

$9.79M calls $36.3M puts

Water Infrastructure

$110M calls $122M puts

Bitcoin Miners

$128M calls $138M puts

Sanitation

$18.1M calls $27.1M puts

Launch Services

$31M calls $35.5M puts

Data Centers & Digital Infrastructure

Liquid Cooling

$40.9M calls $44.7M puts

Post-Quantum Cryptography

$1.07M calls $259K puts

Earth Observation

$6.98M calls $3.16M puts

Wind

$11.2M calls $7.01M puts

Virtual & Augmented Reality

$33.1M calls $16.7M puts

Electrification & Grid

Transmission Buildout

$87.3M calls $70.5M puts

Sports Betting & iGaming

$912M calls $891M puts

Artificial Intelligence

AI Software & Applications

$639M calls $611M puts

Satellite Communications

$112M calls $81.2M puts

Digital Payments & Fintech

Buy Now Pay Later

$229M calls $186M puts

Reuse, Repair & Circular Economy

$2.2B calls $2.15B puts

Critical Minerals & Rare Earths

$236M calls $176M puts

Defense Modernization

Military Shipbuilding

$455M calls $379M puts

Casinos

$3.6B calls $3.5B puts

Robotics & Automation

Humanoid Robotics

$246M calls $135M puts

Small Modular Reactors

$375M calls $241M puts

Photonics & Optical Interconnect

$439M calls $293M puts

Reshoring & American Manufacturing

$324M calls $170M puts

Alcohol

$1.17B calls $1.02B puts

Cannabis

$392M calls $227M puts

GLP-1 & Obesity

Obesity Second-Order Effects

$694M calls $513M puts

Water

67 stocks · 2 sub-themes

$1.03B calls $832M puts

Cloud Computing

Edge Computing

$1.25B calls $1.06B puts

Uranium Mining & Enrichment

$506M calls $305M puts

Internet of Things

Smart Home

$705M calls $476M puts

Digital Health & Telemedicine

$5.43B calls $5.18B puts

Defense Modernization

Munitions Restocking

$2.46B calls $2.19B puts

Electrification & Grid

Grid Equipment

$599M calls $320M puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$1.91B calls $1.62B puts

Identity Security

$849M calls $533M puts

Quantum Computing

$3.54B calls $3.2B puts

Tobacco & Nicotine

$1.82B calls $1.45B puts

Data Centers & Digital Infrastructure

Power for AI

$741M calls $357M puts

Electric Vehicles

EV Charging Infrastructure

$1.73B calls $1.29B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$2.3B calls $1.83B puts

Small Business Economy

$7.72B calls $7.22B puts

Defense Modernization

Defense Tech & C4ISR

$3.48B calls $2.96B puts

Sin Stocks

78 stocks · 4 sub-themes

$6.77B calls $6.21B puts

Space Economy

64 stocks · 3 sub-themes

$4.66B calls $4.06B puts

Health & Wellness

$2.69B calls $1.99B puts

Cybersecurity

85 stocks · 3 sub-themes

$12.3B calls $11.6B puts

Genomics & Gene Editing

Gene Therapy

$1.6B calls $865M puts

Nuclear Energy

61 stocks · 2 sub-themes

$2.03B calls $1.23B puts

Pet Economy

$5.52B calls $4.7B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$7.04B calls $6.16B puts

LNG

$4.56B calls $3.65B puts

Food Delivery

$6.03B calls $4.46B puts

Gold & Precious Metals

Gold & Silver Miners

$8.42B calls $6.82B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$8.48B calls $6.85B puts

Immunotherapy & Oncology

$21.7B calls $19.7B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$55B calls $52.9B puts

Medical Devices & Diagnostics

$14.4B calls $11.7B puts

Video Games & Esports

$32.2B calls $29.2B puts

Artificial Intelligence

Chinese AI

$9.06B calls $5.7B puts

SaaS & Enterprise Software

$60.2B calls $56B puts

Electrification & Grid

Energy Storage

$46.7B calls $37.7B puts

Electric Vehicles

124 stocks · 1 sub-theme

$56.2B calls $46.8B puts

Electrification & Grid

59 stocks · 3 sub-themes

$47.5B calls $38.2B puts

Autonomous Driving

53 stocks · 1 sub-theme

$49.3B calls $39.8B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$112B calls $101B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$74.5B calls $60.6B puts

E-Commerce

240 stocks · 2 sub-themes

$92.6B calls $77.4B puts

Marketplaces

$86.7B calls $71.2B puts

Cloud Computing

64 stocks · 1 sub-theme

$95.3B calls $74.1B puts