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
| $24.2B | $153B | $129B | 1.19 | 178 |
|
| 2 |
SaaS & Enterprise Software
| $12.6B | $112B | $99B | 1.13 | 266 |
|
| 3 |
Artificial Intelligence
| $8.76B | $266B | $257B | 1.03 | 264 |
|
| 4 |
Online Travel & Experiences
| $5.88B | $16.2B | $10.4B | 1.57 | 32 |
|
| 5 |
Cybersecurity
Agentic AI Security
| $5.1B | $9.31B | $4.21B | 2.21 | 2 |
|
| 6 |
Cybersecurity
| $4.91B | $21.9B | $17B | 1.29 | 85 |
|
| 7 |
Streaming & Digital Media
| $4.22B | $108B | $104B | 1.04 | 120 |
|
| 8 |
Oil & Gas
| $3.7B | $42.4B | $38.7B | 1.1 | 361 |
|
| 9 |
Artificial Intelligence
Agentic AI
| $2.73B | $11.6B | $8.88B | 1.31 | 13 |
|
| 10 |
Semiconductors
Semicap & Lithography
| $2.68B | $11B | $8.35B | 1.32 | 21 |
|
| 11 |
Video Games & Esports
| $2.33B | $53.9B | $51.5B | 1.05 | 55 |
|
| 12 |
Oil & Gas
Oilfield Services
| $2.26B | $5.05B | $2.79B | 1.81 | 88 |
|
| 13 |
Digital Assets
Crypto Exchanges
| $2.21B | $7.36B | $5.15B | 1.43 | 7 |
|
| 14 |
Digital Assets
| $2.05B | $19.2B | $17.1B | 1.12 | 160 |
|
| 15 |
Housing & Home Improvement
Homebuilders
| $1.92B | $4.29B | $2.37B | 1.81 | 45 |
|
| 16 |
Housing & Home Improvement
| $1.91B | $16.3B | $14.4B | 1.13 | 223 |
|
| 17 |
Digital Assets
Stablecoin Infrastructure
| $1.84B | $11B | $9.13B | 1.2 | 9 |
|
| 18 |
GLP-1 & Obesity
| $1.47B | $16.7B | $15.3B | 1.1 | 92 |
|
| 19 |
Artificial Intelligence
AI Memory & HBM
| $1.36B | $8.29B | $6.93B | 1.2 | 12 |
|
| 20 |
Semiconductors
Advanced Packaging
| $1.32B | $4.67B | $3.35B | 1.4 | 10 |
|
| 21 |
Digital Assets
Corporate Crypto Treasuries
| $1.18B | $4.81B | $3.63B | 1.32 | 63 |
|
| 22 |
Clean Energy
Solar
| $1.05B | $7.82B | $6.77B | 1.16 | 54 |
|
| 23 |
Infrastructure & Construction
| $885M | $8.83B | $7.95B | 1.11 | 127 |
|
| 24 |
Carbon & Pollution Control
| $784M | $3.19B | $2.41B | 1.33 | 23 |
|
| 25 |
Clean Energy
| $714M | $11.9B | $11.2B | 1.06 | 134 |
|
| 26 |
Artificial Intelligence
AI Inference Silicon
| $696M | $4.68B | $3.99B | 1.17 | 7 |
|
| 27 |
Lithium & Battery Materials
| $549M | $2.33B | $1.78B | 1.31 | 47 |
|
| 28 |
Luxury & Affluent Consumer
| $518M | $3.11B | $2.59B | 1.2 | 40 |
|
| 29 |
Agriculture & Food Technology
Precision Agriculture
| $492M | $2.26B | $1.77B | 1.28 | 4 |
|
| 30 |
Internet of Things
| $488M | $60.1B | $59.7B | 1.01 | 99 |
|
| 31 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $419M | $1.18B | $756M | 1.55 | 19 |
|
| 32 |
Agriculture & Food Technology
| $367M | $4.23B | $3.87B | 1.09 | 79 |
|
| 33 |
Copper & Industrial Metals
| $326M | $10.3B | $10B | 1.03 | 79 |
|
| 34 |
Housing & Home Improvement
Home & Garden Retail
| $201M | $9.56B | $9.36B | 1.02 | 30 |
|
| 35 |
Clean Energy
Hydrogen & Fuel Cells
| $197M | $927M | $730M | 1.27 | 13 |
|
| 36 |
Digital Payments & Fintech
Neobanks
| $178M | $1.7B | $1.52B | 1.12 | 25 |
|
| 37 |
Artificial Intelligence
AI Software & Applications
| $136M | $3.22B | $3.08B | 1.04 | 85 |
|
| 38 |
Space Economy
| $113M | $3.92B | $3.81B | 1.03 | 64 |
|
| 39 |
3D Printing & Additive Manufacturing
| $106M | $455M | $349M | 1.3 | 20 |
|
| 40 |
Internet of Things
Smart Home
| $105M | $767M | $662M | 1.16 | 17 |
|
| 41 |
Digital Payments & Fintech
Buy Now Pay Later
| $74.8M | $1.33B | $1.26B | 1.06 | 13 |
|
| 42 |
Sin Stocks
Tobacco & Nicotine
| $49.6M | $1.3B | $1.25B | 1.04 | 13 |
|
| 43 |
Water
| $23.5M | $1.22B | $1.19B | 1.02 | 67 |
|
| 44 |
Space Economy
Satellite Communications
| $6.66M | $176M | $169M | 1.04 | 16 |
|
| 45 |
Cybersecurity
Post-Quantum Cryptography
| -$89K | $7K | $96K | 0.07 | 6 |
|
| 46 |
Virtual & Augmented Reality
| -$937K | $5.32M | $6.25M | 0.85 | 20 |
|
| 47 |
Clean Energy
Wind
| -$2.82M | $947K | $3.76M | 0.25 | 9 |
|
| 48 |
Space Economy
Launch Services
| -$3.72M | $15M | $18.7M | 0.8 | 5 |
|
| 49 |
Space Economy
Earth Observation
| -$3.76M | $1.21M | $4.97M | 0.24 | 6 |
|
| 50 |
Longevity & Aging Population
| -$26.1M | $2.4B | $2.43B | 0.99 | 60 |
|
| 51 |
Streaming & Digital Media
News Media
| -$27.7M | $131M | $159M | 0.83 | 26 |
|
| 52 |
Future of Education
| -$36.3M | $750M | $786M | 0.95 | 77 |
|
| 53 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$39.8M | $39.2M | $79M | 0.5 | 9 |
|
| 54 |
Reshoring & American Manufacturing
| -$40.1M | $220M | $260M | 0.85 | 20 |
|
| 55 |
Infrastructure & Construction
Green Building
| -$44.3M | $73.8M | $118M | 0.62 | 5 |
|
| 56 |
Robotics & Automation
Humanoid Robotics
| -$59.2M | $295M | $354M | 0.83 | 5 |
|
| 57 |
Electrification & Grid
Transmission Buildout
| -$61M | $273M | $334M | 0.82 | 6 |
|
| 58 |
Sin Stocks
Firearms
| -$62.3M | $201M | $263M | 0.76 | 12 |
|
| 59 |
Agriculture & Food Technology
Plant-Based Foods
| -$67.1M | $465M | $532M | 0.87 | 17 |
|
| 60 |
Nuclear Energy
Small Modular Reactors
| -$73.5M | $629M | $703M | 0.9 | 12 |
|
| 61 |
Water
Sanitation
| -$76.6M | $34.9M | $112M | 0.31 | 8 |
|
| 62 |
Critical Minerals & Rare Earths
| -$84.8M | $177M | $261M | 0.68 | 60 |
|
| 63 |
Semiconductors
Photonics & Optical Interconnect
| -$101M | $370M | $470M | 0.79 | 20 |
|
| 64 |
Electric Vehicles
EV Charging Infrastructure
| -$116M | $1.03B | $1.15B | 0.9 | 21 |
|
| 65 |
GLP-1 & Obesity
Obesity Second-Order Effects
| -$132M | $1.11B | $1.24B | 0.89 | 26 |
|
| 66 |
Sin Stocks
Alcohol
| -$169M | $1.27B | $1.44B | 0.88 | 24 |
|
| 67 |
Cannabis
| -$174M | $242M | $416M | 0.58 | 52 |
|
| 68 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| -$176M | $4.22B | $4.4B | 0.96 | 14 |
|
| 69 |
Electric Vehicles
| -$186M | $87.5B | $87.7B | 1 | 124 |
|
| 70 |
Digital Assets
Bitcoin Miners
| -$192M | $1.56B | $1.75B | 0.89 | 40 |
|
| 71 |
Sports Betting & iGaming
| -$203M | $1.91B | $2.12B | 0.9 | 29 |
|
| 72 |
Cloud Computing
Edge Computing
| -$218M | $1.54B | $1.75B | 0.88 | 11 |
|
| 73 |
Defense Modernization
Drones & Counter-Drone
| -$224M | $1.22B | $1.44B | 0.84 | 30 |
|
| 74 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$233M | $1.09B | $1.32B | 0.82 | 3 |
|
| 75 |
Nuclear Energy
Uranium Mining & Enrichment
| -$241M | $975M | $1.22B | 0.8 | 20 |
|
| 76 |
Water
Water Infrastructure
| -$311M | $191M | $503M | 0.38 | 17 |
|
| 77 |
Digital Health & Telemedicine
| -$316M | $5.28B | $5.6B | 0.94 | 84 |
|
| 78 |
Defense Modernization
Military Shipbuilding
| -$322M | $451M | $773M | 0.58 | 6 |
|
| 79 |
Robotics & Automation
Industrial Automation
| -$322M | $1.68B | $2B | 0.84 | 16 |
|
| 80 |
Quantum Computing
| -$347M | $2.51B | $2.86B | 0.88 | 19 |
|
| 81 |
Genomics & Gene Editing
Gene Therapy
| -$386M | $1.32B | $1.71B | 0.77 | 131 |
|
| 82 |
Sin Stocks
Casinos
| -$412M | $3.06B | $3.48B | 0.88 | 24 |
|
| 83 |
Robotics & Automation
| -$419M | $2.53B | $2.95B | 0.86 | 83 |
|
| 84 |
Internet of Things
Wearables
| -$430M | $52.4B | $52.8B | 0.99 | 21 |
|
| 85 |
Electrification & Grid
Grid Equipment
| -$463M | $537M | $1,000M | 0.54 | 10 |
|
| 86 |
Cloud Computing
| -$496M | $146B | $147B | 1 | 64 |
|
| 87 |
Genomics & Gene Editing
| -$515M | $6.92B | $7.43B | 0.93 | 199 |
|
| 88 |
Reuse, Repair & Circular Economy
| -$515M | $3.65B | $4.17B | 0.88 | 68 |
|
| 89 |
Data Centers & Digital Infrastructure
Power for AI
| -$519M | $1.05B | $1.57B | 0.67 | 22 |
|
| 90 |
Cybersecurity
Identity Security
| -$621M | $650M | $1.27B | 0.51 | 15 |
|
| 91 |
Nuclear Energy
| -$625M | $2.21B | $2.83B | 0.78 | 61 |
|
| 92 |
Oil & Gas
LNG
| -$645M | $4.09B | $4.74B | 0.86 | 32 |
|
| 93 |
Sin Stocks
| -$695M | $5.9B | $6.59B | 0.89 | 78 |
|
| 94 |
Energy Efficiency
| -$794M | $1.93B | $2.73B | 0.71 | 31 |
|
| 95 |
Electrification & Grid
Energy Storage
| -$927M | $73.2B | $74.1B | 0.99 | 26 |
|
| 96 |
Data Centers & Digital Infrastructure
| -$932M | $3.32B | $4.25B | 0.78 | 78 |
|
| 97 |
Pet Economy
| -$1.13B | $3.93B | $5.06B | 0.78 | 34 |
|
| 98 |
Health & Wellness
| -$1.17B | $2.45B | $3.62B | 0.68 | 78 |
|
| 99 |
Autonomous Driving
| -$1.18B | $77.9B | $79.1B | 0.99 | 53 |
|
| 100 |
Defense Modernization
Munitions Restocking
| -$1.26B | $3.31B | $4.57B | 0.72 | 11 |
|
| 101 |
Defense Modernization
Defense Tech & C4ISR
| -$1.26B | $5.89B | $7.15B | 0.82 | 53 |
|
| 102 |
Small Business Economy
| -$1.43B | $10.6B | $12B | 0.88 | 58 |
|
| 103 |
Electrification & Grid
| -$1.48B | $74.2B | $75.7B | 0.98 | 59 |
|
| 104 |
E-Commerce
Food Delivery
| -$1.56B | $7.01B | $8.57B | 0.82 | 12 |
|
| 105 |
Defense Modernization
| -$1.63B | $20.6B | $22.2B | 0.93 | 163 |
|
| 106 |
Semiconductors
Analog & Power Semis
| -$1.74B | $5.84B | $7.58B | 0.77 | 27 |
|
| 107 |
Medical Devices & Diagnostics
| -$1.75B | $13.9B | $15.6B | 0.89 | 342 |
|
| 108 |
Immunotherapy & Oncology
| -$2.37B | $18.6B | $21B | 0.89 | 388 |
|
| 109 |
Digital Payments & Fintech
| -$2.47B | $81.9B | $84.4B | 0.97 | 148 |
|
| 110 |
Artificial Intelligence
Chinese AI
| -$2.67B | $6.84B | $9.51B | 0.72 | 14 |
|
| 111 |
Gold & Precious Metals
| -$2.96B | $7.39B | $10.3B | 0.71 | 133 |
|
| 112 |
Gold & Precious Metals
Gold & Silver Miners
| -$2.97B | $7.35B | $10.3B | 0.71 | 124 |
|
| 113 |
E-Commerce
Marketplaces
| -$6.82B | $121B | $128B | 0.95 | 106 |
|
| 114 |
E-Commerce
| -$8.67B | $131B | $140B | 0.94 | 240 |
|
| 115 |
Social Media & Creator Economy
| -$13.5B | $125B | $139B | 0.9 | 45 |
|