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
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50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Semiconductors
| $38.7B | $278B | $240B | 1.16 | 178 |
|
| 2 |
Electric Vehicles
| $21.6B | $124B | $102B | 1.21 | 124 |
|
| 3 |
Electrification & Grid
Energy Storage
| $20.2B | $109B | $88.9B | 1.23 | 26 |
|
| 4 |
Autonomous Driving
| $20.1B | $117B | $96.5B | 1.21 | 53 |
|
| 5 |
Electrification & Grid
| $17.9B | $115B | $97B | 1.18 | 59 |
|
| 6 |
Digital Assets
Corporate Crypto Treasuries
| $8.67B | $41.4B | $32.7B | 1.27 | 63 |
|
| 7 |
Streaming & Digital Media
| $6.93B | $114B | $107B | 1.06 | 120 |
|
| 8 |
Semiconductors
Advanced Packaging
| $6.85B | $20.9B | $14B | 1.49 | 10 |
|
| 9 |
Digital Assets
| $2.84B | $73.6B | $70.8B | 1.04 | 160 |
|
| 10 |
Semiconductors
Analog & Power Semis
| $1.99B | $11.1B | $9.07B | 1.22 | 27 |
|
| 11 |
Cybersecurity
Agentic AI Security
| $1.8B | $5.89B | $4.09B | 1.44 | 2 |
|
| 12 |
Artificial Intelligence
AI Memory & HBM
| $1.68B | $12.3B | $10.7B | 1.16 | 12 |
|
| 13 |
Semiconductors
Semicap & Lithography
| $1.6B | $11.6B | $10B | 1.16 | 21 |
|
| 14 |
Housing & Home Improvement
Homebuilders
| $959M | $2.89B | $1.93B | 1.5 | 45 |
|
| 15 |
Cybersecurity
| $881M | $24.6B | $23.7B | 1.04 | 85 |
|
| 16 |
Artificial Intelligence
AI Inference Silicon
| $660M | $4.13B | $3.47B | 1.19 | 7 |
|
| 17 |
Gold & Precious Metals
Gold & Silver Miners
| $625M | $12.6B | $11.9B | 1.05 | 124 |
|
| 18 |
Gold & Precious Metals
| $545M | $12.6B | $12.1B | 1.05 | 133 |
|
| 19 |
Lithium & Battery Materials
| $426M | $1.05B | $623M | 1.68 | 47 |
|
| 20 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| $326M | $6.26B | $5.94B | 1.05 | 14 |
|
| 21 |
Oil & Gas
Oilfield Services
| $274M | $2.67B | $2.4B | 1.11 | 88 |
|
| 22 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| $258M | $1.53B | $1.27B | 1.2 | 19 |
|
| 23 |
Housing & Home Improvement
| $229M | $11.7B | $11.5B | 1.02 | 223 |
|
| 24 |
Future of Education
| $156M | $835M | $679M | 1.23 | 77 |
|
| 25 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $91.4M | $1.05B | $960M | 1.1 | 26 |
|
| 26 |
Streaming & Digital Media
News Media
| $53.7M | $202M | $149M | 1.36 | 26 |
|
| 27 |
Robotics & Automation
Humanoid Robotics
| $9.45M | $290M | $281M | 1.03 | 5 |
|
| 28 |
Infrastructure & Construction
Green Building
| $7.21M | $29.1M | $21.9M | 1.33 | 5 |
|
| 29 |
Cybersecurity
Post-Quantum Cryptography
| $6.1M | $24.4M | $18.3M | 1.33 | 6 |
|
| 30 |
Space Economy
Earth Observation
| -$7.6M | $68.8M | $76.5M | 0.9 | 6 |
|
| 31 |
Sin Stocks
Firearms
| -$10.8M | $25.2M | $36M | 0.7 | 12 |
|
| 32 |
Virtual & Augmented Reality
| -$15.7M | $12.6M | $28.3M | 0.45 | 20 |
|
| 33 |
Semiconductors
Photonics & Optical Interconnect
| -$29.7M | $1.34B | $1.37B | 0.98 | 20 |
|
| 34 |
Water
Water Infrastructure
| -$42.2M | $147M | $189M | 0.78 | 17 |
|
| 35 |
Digital Payments & Fintech
Buy Now Pay Later
| -$43.5M | $1.25B | $1.3B | 0.97 | 13 |
|
| 36 |
Water
Sanitation
| -$52.8M | $28.7M | $81.5M | 0.35 | 8 |
|
| 37 |
Cannabis
| -$54.9M | $79.2M | $134M | 0.59 | 52 |
|
| 38 |
3D Printing & Additive Manufacturing
| -$62.6M | $560M | $622M | 0.9 | 20 |
|
| 39 |
Internet of Things
Smart Home
| -$99.2M | $256M | $355M | 0.72 | 17 |
|
| 40 |
Agriculture & Food Technology
Plant-Based Foods
| -$118M | $270M | $388M | 0.7 | 17 |
|
| 41 |
Electrification & Grid
Transmission Buildout
| -$120M | $590M | $710M | 0.83 | 6 |
|
| 42 |
Luxury & Affluent Consumer
| -$131M | $2.37B | $2.5B | 0.95 | 40 |
|
| 43 |
Electric Vehicles
EV Charging Infrastructure
| -$160M | $583M | $743M | 0.79 | 21 |
|
| 44 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$181M | $115M | $296M | 0.39 | 9 |
|
| 45 |
Reshoring & American Manufacturing
| -$192M | $379M | $570M | 0.66 | 20 |
|
| 46 |
Sin Stocks
Alcohol
| -$259M | $1.36B | $1.62B | 0.84 | 24 |
|
| 47 |
Water
| -$264M | $646M | $910M | 0.71 | 67 |
|
| 48 |
Defense Modernization
Drones & Counter-Drone
| -$271M | $1.09B | $1.36B | 0.8 | 30 |
|
| 49 |
Pet Economy
| -$273M | $4.39B | $4.66B | 0.94 | 34 |
|
| 50 |
Clean Energy
Wind
| -$300M | $3.6B | $3.9B | 0.92 | 9 |
|
| 51 |
Agriculture & Food Technology
Precision Agriculture
| -$311M | $1.23B | $1.54B | 0.8 | 4 |
|
| 52 |
Cybersecurity
Identity Security
| -$322M | $955M | $1.28B | 0.75 | 15 |
|
| 53 |
Nuclear Energy
Small Modular Reactors
| -$347M | $2.99B | $3.34B | 0.9 | 12 |
|
| 54 |
Critical Minerals & Rare Earths
| -$360M | $721M | $1.08B | 0.67 | 60 |
|
| 55 |
Artificial Intelligence
Agentic AI
| -$404M | $26.8B | $27.2B | 0.99 | 13 |
|
| 56 |
Sin Stocks
Casinos
| -$436M | $2.4B | $2.83B | 0.85 | 24 |
|
| 57 |
Nuclear Energy
Uranium Mining & Enrichment
| -$531M | $2.32B | $2.86B | 0.81 | 20 |
|
| 58 |
Sin Stocks
Tobacco & Nicotine
| -$575M | $2.71B | $3.29B | 0.83 | 13 |
|
| 59 |
Defense Modernization
Military Shipbuilding
| -$577M | $432M | $1.01B | 0.43 | 6 |
|
| 60 |
Clean Energy
Hydrogen & Fuel Cells
| -$583M | $479M | $1.06B | 0.45 | 13 |
|
| 61 |
Genomics & Gene Editing
Gene Therapy
| -$585M | $1.3B | $1.89B | 0.69 | 131 |
|
| 62 |
Sports Betting & iGaming
| -$596M | $1.86B | $2.45B | 0.76 | 29 |
|
| 63 |
Housing & Home Improvement
Home & Garden Retail
| -$607M | $6.74B | $7.35B | 0.92 | 30 |
|
| 64 |
Space Economy
Satellite Communications
| -$661M | $1.54B | $2.2B | 0.7 | 16 |
|
| 65 |
Carbon & Pollution Control
| -$713M | $1.85B | $2.56B | 0.72 | 23 |
|
| 66 |
Quantum Computing
| -$731M | $5.02B | $5.76B | 0.87 | 19 |
|
| 67 |
Defense Modernization
Munitions Restocking
| -$780M | $2.13B | $2.91B | 0.73 | 11 |
|
| 68 |
Agriculture & Food Technology
| -$790M | $2.86B | $3.65B | 0.78 | 79 |
|
| 69 |
Digital Payments & Fintech
Neobanks
| -$792M | $3.25B | $4.04B | 0.8 | 25 |
|
| 70 |
Small Business Economy
| -$825M | $10.8B | $11.6B | 0.93 | 58 |
|
| 71 |
Space Economy
Launch Services
| -$826M | $787M | $1.61B | 0.49 | 5 |
|
| 72 |
Copper & Industrial Metals
| -$851M | $6.17B | $7.02B | 0.88 | 79 |
|
| 73 |
Infrastructure & Construction
| -$881M | $6.74B | $7.62B | 0.88 | 127 |
|
| 74 |
Longevity & Aging Population
| -$943M | $2.53B | $3.47B | 0.73 | 60 |
|
| 75 |
Defense Modernization
Defense Tech & C4ISR
| -$968M | $19.7B | $20.7B | 0.95 | 53 |
|
| 76 |
Digital Assets
Crypto Exchanges
| -$1.19B | $16.8B | $17.9B | 0.93 | 7 |
|
| 77 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$1.24B | $1.19B | $2.42B | 0.49 | 3 |
|
| 78 |
Robotics & Automation
Industrial Automation
| -$1.28B | $2.08B | $3.36B | 0.62 | 16 |
|
| 79 |
Online Travel & Experiences
| -$1.3B | $11.9B | $13.2B | 0.9 | 32 |
|
| 80 |
Digital Assets
Bitcoin Miners
| -$1.37B | $3.66B | $5.03B | 0.73 | 40 |
|
| 81 |
Robotics & Automation
| -$1.42B | $3.16B | $4.58B | 0.69 | 83 |
|
| 82 |
Sin Stocks
| -$1.44B | $6.53B | $7.97B | 0.82 | 78 |
|
| 83 |
Cloud Computing
Edge Computing
| -$1.44B | $2.15B | $3.59B | 0.6 | 11 |
|
| 84 |
Health & Wellness
| -$1.46B | $2.63B | $4.09B | 0.64 | 78 |
|
| 85 |
Oil & Gas
| -$1.5B | $32B | $33.5B | 0.96 | 361 |
|
| 86 |
Data Centers & Digital Infrastructure
Power for AI
| -$1.56B | $1.89B | $3.45B | 0.55 | 22 |
|
| 87 |
Nuclear Energy
| -$1.58B | $15.9B | $17.4B | 0.91 | 61 |
|
| 88 |
Energy Efficiency
| -$1.62B | $2.12B | $3.75B | 0.57 | 31 |
|
| 89 |
Digital Assets
Stablecoin Infrastructure
| -$1.82B | $22.1B | $24B | 0.92 | 9 |
|
| 90 |
Oil & Gas
LNG
| -$1.93B | $3.64B | $5.56B | 0.65 | 32 |
|
| 91 |
Genomics & Gene Editing
| -$2.05B | $5.56B | $7.62B | 0.73 | 199 |
|
| 92 |
Electrification & Grid
Grid Equipment
| -$2.11B | $5.14B | $7.25B | 0.71 | 10 |
|
| 93 |
Internet of Things
Wearables
| -$2.2B | $40.3B | $42.5B | 0.95 | 21 |
|
| 94 |
Artificial Intelligence
AI Software & Applications
| -$2.33B | $23B | $25.3B | 0.91 | 85 |
|
| 95 |
Internet of Things
| -$2.33B | $47B | $49.4B | 0.95 | 99 |
|
| 96 |
Space Economy
| -$2.49B | $5.08B | $7.57B | 0.67 | 64 |
|
| 97 |
Clean Energy
Solar
| -$2.56B | $6.23B | $8.79B | 0.71 | 54 |
|
| 98 |
GLP-1 & Obesity
| -$2.73B | $23.6B | $26.4B | 0.9 | 92 |
|
| 99 |
Immunotherapy & Oncology
| -$2.76B | $18.7B | $21.5B | 0.87 | 388 |
|
| 100 |
Data Centers & Digital Infrastructure
| -$2.82B | $9.79B | $12.6B | 0.78 | 78 |
|
| 101 |
Artificial Intelligence
Chinese AI
| -$2.88B | $8.21B | $11.1B | 0.74 | 14 |
|
| 102 |
Reuse, Repair & Circular Economy
| -$2.89B | $8.08B | $11B | 0.74 | 68 |
|
| 103 |
E-Commerce
Food Delivery
| -$3.06B | $11B | $14B | 0.78 | 12 |
|
| 104 |
Digital Health & Telemedicine
| -$3.53B | $15.4B | $19B | 0.81 | 84 |
|
| 105 |
Clean Energy
| -$3.88B | $12.9B | $16.7B | 0.77 | 134 |
|
| 106 |
Medical Devices & Diagnostics
| -$4.15B | $13B | $17.2B | 0.76 | 342 |
|
| 107 |
Defense Modernization
| -$4.23B | $38.8B | $43.1B | 0.9 | 163 |
|
| 108 |
Digital Payments & Fintech
| -$4.34B | $72.6B | $77B | 0.94 | 148 |
|
| 109 |
E-Commerce
Marketplaces
| -$6.03B | $109B | $115B | 0.95 | 106 |
|
| 110 |
Artificial Intelligence
| -$8.35B | $403B | $411B | 0.98 | 264 |
|
| 111 |
E-Commerce
| -$11.1B | $121B | $132B | 0.92 | 240 |
|
| 112 |
SaaS & Enterprise Software
| -$14.7B | $122B | $137B | 0.89 | 266 |
|
| 113 |
Video Games & Esports
| -$14.8B | $51.9B | $66.8B | 0.78 | 55 |
|
| 114 |
Cloud Computing
| -$15.7B | $147B | $163B | 0.9 | 64 |
|
| 115 |
Social Media & Creator Economy
| -$31B | $139B | $170B | 0.82 | 45 |
|