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
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10
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50
100
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50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Semiconductors
| $19B | $123B | $104B | 1.18 | 178 |
|
| 2 |
SaaS & Enterprise Software
| $7.38B | $87.6B | $80.2B | 1.09 | 266 |
|
| 3 |
Video Games & Esports
| $5.84B | $50.4B | $44.6B | 1.13 | 55 |
|
| 4 |
Cybersecurity
Agentic AI Security
| $4.48B | $7.64B | $3.17B | 2.41 | 2 |
|
| 5 |
Internet of Things
| $3.89B | $57B | $53.1B | 1.07 | 99 |
|
| 6 |
Online Travel & Experiences
| $3.69B | $12.5B | $8.79B | 1.42 | 32 |
|
| 7 |
Cybersecurity
| $3.28B | $16.9B | $13.6B | 1.24 | 85 |
|
| 8 |
Internet of Things
Wearables
| $2.94B | $50.5B | $47.6B | 1.06 | 21 |
|
| 9 |
Housing & Home Improvement
| $2.7B | $13.2B | $10.5B | 1.26 | 223 |
|
| 10 |
Artificial Intelligence
| $2.25B | $219B | $217B | 1.01 | 264 |
|
| 11 |
Artificial Intelligence
AI Memory & HBM
| $2.16B | $6.82B | $4.66B | 1.46 | 12 |
|
| 12 |
Semiconductors
Semicap & Lithography
| $2.11B | $8.65B | $6.54B | 1.32 | 21 |
|
| 13 |
Artificial Intelligence
Agentic AI
| $1.86B | $8.13B | $6.27B | 1.3 | 13 |
|
| 14 |
Immunotherapy & Oncology
| $1.63B | $23.9B | $22.3B | 1.07 | 388 |
|
| 15 |
Housing & Home Improvement
Homebuilders
| $1.51B | $3.42B | $1.91B | 1.79 | 45 |
|
| 16 |
Semiconductors
Advanced Packaging
| $1.23B | $3.87B | $2.64B | 1.47 | 10 |
|
| 17 |
Housing & Home Improvement
Home & Garden Retail
| $1.14B | $7.87B | $6.73B | 1.17 | 30 |
|
| 18 |
Oil & Gas
Oilfield Services
| $1.05B | $4.5B | $3.44B | 1.31 | 88 |
|
| 19 |
Infrastructure & Construction
| $804M | $7.31B | $6.51B | 1.12 | 127 |
|
| 20 |
Streaming & Digital Media
| $798M | $86.2B | $85.4B | 1.01 | 120 |
|
| 21 |
Lithium & Battery Materials
| $766M | $2.07B | $1.31B | 1.59 | 47 |
|
| 22 |
Copper & Industrial Metals
| $631M | $7.69B | $7.06B | 1.09 | 79 |
|
| 23 |
Artificial Intelligence
AI Inference Silicon
| $628M | $3.54B | $2.92B | 1.22 | 7 |
|
| 24 |
Digital Payments & Fintech
| $620M | $72.7B | $72.1B | 1.01 | 148 |
|
| 25 |
Clean Energy
Solar
| $606M | $5.98B | $5.38B | 1.11 | 54 |
|
| 26 |
Digital Assets
| $600M | $8.37B | $7.77B | 1.08 | 160 |
|
| 27 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $536M | $1.27B | $731M | 1.73 | 19 |
|
| 28 |
Digital Assets
Corporate Crypto Treasuries
| $528M | $1.88B | $1.35B | 1.39 | 63 |
|
| 29 |
GLP-1 & Obesity
| $474M | $15B | $14.5B | 1.03 | 92 |
|
| 30 |
Sports Betting & iGaming
| $453M | $1.89B | $1.43B | 1.32 | 29 |
|
| 31 |
Digital Assets
Stablecoin Infrastructure
| $416M | $5.05B | $4.63B | 1.09 | 9 |
|
| 32 |
Sin Stocks
Tobacco & Nicotine
| $398M | $1.77B | $1.37B | 1.29 | 13 |
|
| 33 |
Luxury & Affluent Consumer
| $395M | $2.23B | $1.83B | 1.22 | 40 |
|
| 34 |
Digital Assets
Crypto Exchanges
| $265M | $1.88B | $1.62B | 1.16 | 7 |
|
| 35 |
Carbon & Pollution Control
| $207M | $2.9B | $2.7B | 1.08 | 23 |
|
| 36 |
Clean Energy
| $190M | $9.79B | $9.6B | 1.02 | 134 |
|
| 37 |
Agriculture & Food Technology
Precision Agriculture
| $163M | $1.95B | $1.79B | 1.09 | 4 |
|
| 38 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $161M | $1.01B | $852M | 1.19 | 26 |
|
| 39 |
Internet of Things
Smart Home
| $156M | $671M | $515M | 1.3 | 17 |
|
| 40 |
Agriculture & Food Technology
| $154M | $3.78B | $3.63B | 1.04 | 79 |
|
| 41 |
3D Printing & Additive Manufacturing
| $79.7M | $477M | $397M | 1.2 | 20 |
|
| 42 |
Digital Payments & Fintech
Neobanks
| $69.1M | $1.26B | $1.19B | 1.06 | 25 |
|
| 43 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| $40.7M | $2.97B | $2.93B | 1.01 | 14 |
|
| 44 |
Agriculture & Food Technology
Plant-Based Foods
| $33M | $479M | $446M | 1.07 | 17 |
|
| 45 |
Digital Assets
Bitcoin Miners
| $12.7M | $457M | $444M | 1.03 | 40 |
|
| 46 |
Clean Energy
Wind
| $725K | $4.35M | $3.63M | 1.2 | 9 |
|
| 47 |
Cybersecurity
Post-Quantum Cryptography
| -$103K | $1K | $104K | 0.01 | 6 |
|
| 48 |
Space Economy
Launch Services
| -$541K | $9.01M | $9.55M | 0.94 | 5 |
|
| 49 |
Virtual & Augmented Reality
| -$976K | $7.6M | $8.58M | 0.89 | 20 |
|
| 50 |
Space Economy
Earth Observation
| -$2.16M | $1.11M | $3.26M | 0.34 | 6 |
|
| 51 |
Sin Stocks
Firearms
| -$11.1M | $137M | $148M | 0.92 | 12 |
|
| 52 |
Space Economy
Satellite Communications
| -$13.4M | $72.1M | $85.5M | 0.84 | 16 |
|
| 53 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$15.2M | $41.2M | $56.4M | 0.73 | 9 |
|
| 54 |
Digital Payments & Fintech
Buy Now Pay Later
| -$19.9M | $378M | $398M | 0.95 | 13 |
|
| 55 |
Defense Modernization
Drones & Counter-Drone
| -$24.8M | $906M | $931M | 0.97 | 30 |
|
| 56 |
Robotics & Automation
Humanoid Robotics
| -$24.9M | $439M | $464M | 0.95 | 5 |
|
| 57 |
Electrification & Grid
Transmission Buildout
| -$26.8M | $177M | $204M | 0.87 | 6 |
|
| 58 |
Water
Sanitation
| -$28.1M | $37.9M | $66.1M | 0.57 | 8 |
|
| 59 |
Longevity & Aging Population
| -$34.2M | $2B | $2.03B | 0.98 | 60 |
|
| 60 |
Clean Energy
Hydrogen & Fuel Cells
| -$40.5M | $762M | $802M | 0.95 | 13 |
|
| 61 |
Sin Stocks
Casinos
| -$43M | $2.79B | $2.84B | 0.98 | 24 |
|
| 62 |
Streaming & Digital Media
News Media
| -$63.7M | $157M | $221M | 0.71 | 26 |
|
| 63 |
Critical Minerals & Rare Earths
| -$70.2M | $125M | $195M | 0.64 | 60 |
|
| 64 |
Electric Vehicles
EV Charging Infrastructure
| -$79.6M | $1.31B | $1.39B | 0.94 | 21 |
|
| 65 |
Reshoring & American Manufacturing
| -$79.9M | $189M | $269M | 0.7 | 20 |
|
| 66 |
Infrastructure & Construction
Green Building
| -$83M | $33.7M | $117M | 0.29 | 5 |
|
| 67 |
Sin Stocks
| -$93.8M | $5.98B | $6.07B | 0.98 | 78 |
|
| 68 |
Future of Education
| -$101M | $366M | $466M | 0.78 | 77 |
|
| 69 |
Reuse, Repair & Circular Economy
| -$112M | $2.89B | $3B | 0.96 | 68 |
|
| 70 |
Space Economy
| -$139M | $2.7B | $2.84B | 0.95 | 64 |
|
| 71 |
Semiconductors
Analog & Power Semis
| -$150M | $5.07B | $5.22B | 0.97 | 27 |
|
| 72 |
Defense Modernization
| -$151M | $14.3B | $14.4B | 0.99 | 163 |
|
| 73 |
Water
Water Infrastructure
| -$164M | $144M | $308M | 0.47 | 17 |
|
| 74 |
Cloud Computing
Edge Computing
| -$167M | $1.21B | $1.38B | 0.88 | 11 |
|
| 75 |
Semiconductors
Photonics & Optical Interconnect
| -$168M | $303M | $471M | 0.64 | 20 |
|
| 76 |
Sin Stocks
Alcohol
| -$174M | $1.18B | $1.35B | 0.87 | 24 |
|
| 77 |
Artificial Intelligence
AI Software & Applications
| -$178M | $2.36B | $2.54B | 0.93 | 85 |
|
| 78 |
Genomics & Gene Editing
Gene Therapy
| -$180M | $1.2B | $1.38B | 0.87 | 131 |
|
| 79 |
Cannabis
| -$185M | $214M | $399M | 0.54 | 52 |
|
| 80 |
Defense Modernization
Military Shipbuilding
| -$199M | $327M | $526M | 0.62 | 6 |
|
| 81 |
Quantum Computing
| -$200M | $2.23B | $2.43B | 0.92 | 19 |
|
| 82 |
Data Centers & Digital Infrastructure
| -$245M | $2.81B | $3.05B | 0.92 | 78 |
|
| 83 |
Nuclear Energy
Small Modular Reactors
| -$249M | $501M | $750M | 0.67 | 12 |
|
| 84 |
Genomics & Gene Editing
| -$252M | $5.66B | $5.92B | 0.96 | 199 |
|
| 85 |
Electrification & Grid
Grid Equipment
| -$281M | $583M | $864M | 0.67 | 10 |
|
| 86 |
Water
| -$304M | $789M | $1.09B | 0.72 | 67 |
|
| 87 |
Defense Modernization
Munitions Restocking
| -$308M | $1.82B | $2.13B | 0.86 | 11 |
|
| 88 |
Data Centers & Digital Infrastructure
Power for AI
| -$310M | $943M | $1.25B | 0.75 | 22 |
|
| 89 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$322M | $833M | $1.15B | 0.72 | 3 |
|
| 90 |
Cybersecurity
Identity Security
| -$338M | $497M | $835M | 0.6 | 15 |
|
| 91 |
Pet Economy
| -$343M | $3.61B | $3.95B | 0.91 | 34 |
|
| 92 |
Robotics & Automation
Industrial Automation
| -$426M | $1.56B | $1.99B | 0.79 | 16 |
|
| 93 |
Robotics & Automation
| -$436M | $2.37B | $2.81B | 0.84 | 83 |
|
| 94 |
Digital Health & Telemedicine
| -$450M | $4.92B | $5.37B | 0.92 | 84 |
|
| 95 |
Cloud Computing
| -$453M | $121B | $122B | 1 | 64 |
|
| 96 |
Nuclear Energy
Uranium Mining & Enrichment
| -$457M | $671M | $1.13B | 0.59 | 20 |
|
| 97 |
Energy Efficiency
| -$477M | $1.77B | $2.24B | 0.79 | 31 |
|
| 98 |
Small Business Economy
| -$507M | $6.92B | $7.42B | 0.93 | 58 |
|
| 99 |
Defense Modernization
Defense Tech & C4ISR
| -$632M | $3.84B | $4.47B | 0.86 | 53 |
|
| 100 |
Nuclear Energy
| -$744M | $2.08B | $2.82B | 0.74 | 61 |
|
| 101 |
Health & Wellness
| -$808M | $2.02B | $2.83B | 0.71 | 78 |
|
| 102 |
Electric Vehicles
| -$821M | $83.4B | $84.2B | 0.99 | 124 |
|
| 103 |
E-Commerce
Food Delivery
| -$887M | $5.65B | $6.54B | 0.86 | 12 |
|
| 104 |
E-Commerce
| -$942M | $112B | $113B | 0.99 | 240 |
|
| 105 |
E-Commerce
Marketplaces
| -$985M | $105B | $106B | 0.99 | 106 |
|
| 106 |
Gold & Precious Metals
Gold & Silver Miners
| -$1.28B | $5.68B | $6.96B | 0.82 | 124 |
|
| 107 |
Gold & Precious Metals
| -$1.28B | $5.71B | $6.98B | 0.82 | 133 |
|
| 108 |
Oil & Gas
LNG
| -$1.28B | $3.95B | $5.24B | 0.75 | 32 |
|
| 109 |
Artificial Intelligence
Chinese AI
| -$2.25B | $6.65B | $8.91B | 0.75 | 14 |
|
| 110 |
Medical Devices & Diagnostics
| -$2.36B | $11.4B | $13.8B | 0.83 | 342 |
|
| 111 |
Autonomous Driving
| -$2.64B | $74.2B | $76.8B | 0.97 | 53 |
|
| 112 |
Electrification & Grid
Energy Storage
| -$2.76B | $70.6B | $73.3B | 0.96 | 26 |
|
| 113 |
Electrification & Grid
| -$3.08B | $71.5B | $74.6B | 0.96 | 59 |
|
| 114 |
Oil & Gas
| -$3.2B | $40.5B | $43.7B | 0.93 | 361 |
|
| 115 |
Social Media & Creator Economy
| -$13.6B | $104B | $117B | 0.88 | 45 |
|