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

$285B calls $337B puts

Electric Vehicles

124 stocks · 1 sub-theme

$142B calls $155B puts

Electrification & Grid

Energy Storage

$128B calls $139B puts

Autonomous Driving

53 stocks · 1 sub-theme

$139B calls $149B puts

Electrification & Grid

59 stocks · 3 sub-themes

$135B calls $146B puts

Advanced Packaging

$18.1B calls $22.8B puts

Artificial Intelligence

AI Memory & HBM

$14.4B calls $18.4B puts

Corporate Crypto Treasuries

$39.9B calls $43.5B puts

Semicap & Lithography

$15.3B calls $18.3B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$26.8B calls $28.6B puts

Analog & Power Semis

$8.21B calls $9.62B puts

Agentic AI Security

$5.21B calls $6.61B puts

Gold & Precious Metals

Gold & Silver Miners

$19.7B calls $21.1B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$19.9B calls $21.2B puts

Cybersecurity

85 stocks · 3 sub-themes

$25.1B calls $25.7B puts

Wind

$4.36B calls $4.86B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$782M calls $1.24B puts

Artificial Intelligence

AI Inference Silicon

$3.96B calls $4.35B puts

Oilfield Services

$3.06B calls $3.45B puts

Lithium & Battery Materials

$1.25B calls $1.57B puts

Housing & Home Improvement

Home & Garden Retail

$8.63B calls $8.93B puts

Agriculture & Food Technology

Precision Agriculture

$983M calls $1.17B puts

Digital Payments & Fintech

Buy Now Pay Later

$1.49B calls $1.64B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$135B calls $135B puts

Streaming & Digital Media

News Media

$168M calls $232M puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$2.75B calls $2.81B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$7.02B calls $7.08B puts

Tobacco & Nicotine

$2.92B calls $2.93B puts

Infrastructure & Construction

Green Building

$10.2M calls $11M puts

Future of Education

$1.57B calls $1.56B puts

Virtual & Augmented Reality

$32.4M calls $13.4M puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$1.24B calls $1.22B puts

Sanitation

$81.5M calls $54M puts

Hydrogen & Fuel Cells

$2.83B calls $2.79B puts

Firearms

$79.3M calls $28.7M puts

Post-Quantum Cryptography

$69.3M calls $18.6M puts

Alcohol

$1.8B calls $1.74B puts

Earth Observation

$156M calls $95.5M puts

Water Infrastructure

$249M calls $177M puts

3D Printing & Additive Manufacturing

$527M calls $438M puts

Sports Betting & iGaming

$2.28B calls $2.19B puts

Internet of Things

Smart Home

$489M calls $389M puts

Housing & Home Improvement

Homebuilders

$2.74B calls $2.63B puts

Agriculture & Food Technology

Plant-Based Foods

$468M calls $347M puts

Cannabis

$297M calls $165M puts

Defense Modernization

Drones & Counter-Drone

$2.24B calls $2.08B puts

Robotics & Automation

Humanoid Robotics

$499M calls $325M puts

Small Modular Reactors

$5.16B calls $4.98B puts

Luxury & Affluent Consumer

$2.58B calls $2.38B puts

Electrification & Grid

Grid Equipment

$6.29B calls $6.08B puts

Electrification & Grid

Transmission Buildout

$801M calls $563M puts

Data Centers & Digital Infrastructure

Power for AI

$2.1B calls $1.81B puts

Pet Economy

$5.06B calls $4.76B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$15.7B calls $15.4B puts

Online Travel & Experiences

$11.4B calls $11B puts

Identity Security

$1.4B calls $1.02B puts

Defense Modernization

Military Shipbuilding

$1.07B calls $679M puts

Defense Modernization

Munitions Restocking

$3.35B calls $2.95B puts

Critical Minerals & Rare Earths

$2.96B calls $2.53B puts

Reshoring & American Manufacturing

$1.14B calls $686M puts

Genomics & Gene Editing

Gene Therapy

$2.05B calls $1.52B puts

Electric Vehicles

EV Charging Infrastructure

$1.19B calls $632M puts

Photonics & Optical Interconnect

$2.79B calls $2.24B puts

Data Centers & Digital Infrastructure

Liquid Cooling

$754M calls $167M puts

Launch Services

$2.23B calls $1.62B puts

Artificial Intelligence

Agentic AI

$35.5B calls $34.8B puts

Water

67 stocks · 2 sub-themes

$1.3B calls $638M puts

Digital Payments & Fintech

Neobanks

$5.67B calls $4.97B puts

Casinos

$3.49B calls $2.77B puts

Uranium Mining & Enrichment

$3.8B calls $3.07B puts

Sin Stocks

78 stocks · 4 sub-themes

$8.37B calls $7.51B puts

Robotics & Automation

Warehouse & Logistics Robotics

$2.56B calls $1.52B puts

Robotics & Automation

Industrial Automation

$3.53B calls $2.43B puts

Quantum Computing

$8.86B calls $7.71B puts

LNG

$4.83B calls $3.69B puts

Solar

$10.2B calls $9.05B puts

Defense Modernization

Defense Tech & C4ISR

$29.8B calls $28.6B puts

Health & Wellness

$4.07B calls $2.7B puts

Bitcoin Miners

$14B calls $12.6B puts

Satellite Communications

$4.29B calls $2.89B puts

Longevity & Aging Population

$3.98B calls $2.48B puts

Carbon & Pollution Control

$3.87B calls $2.37B puts

Clean Energy

134 stocks · 3 sub-themes

$21.4B calls $19.9B puts

Energy Efficiency

$3.74B calls $2.17B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$9.68B calls $8.02B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$17.8B calls $16.1B puts

Robotics & Automation

83 stocks · 3 sub-themes

$5.37B calls $3.63B puts

Cloud Computing

Edge Computing

$4.43B calls $2.59B puts

Nuclear Energy

61 stocks · 2 sub-themes

$22.1B calls $20B puts

Copper & Industrial Metals

$9.97B calls $7.73B puts

Reuse, Repair & Circular Economy

$11.5B calls $9.29B puts

Small Business Economy

$13.2B calls $10.9B puts

Oil & Gas

361 stocks · 2 sub-themes

$36.8B calls $34.5B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$9.56B calls $6.56B puts

Defense Modernization

163 stocks · 4 sub-themes

$52.7B calls $49.4B puts

Space Economy

64 stocks · 3 sub-themes

$11.5B calls $8.17B puts

Food Delivery

$16.8B calls $13.4B puts

Immunotherapy & Oncology

$24.5B calls $21.1B puts

Medical Devices & Diagnostics

$19B calls $15B puts

Digital Health & Telemedicine

$29.2B calls $25.1B puts

Stablecoin Infrastructure

$26.8B calls $21.6B puts

Crypto Exchanges

$21.7B calls $15.6B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$519B calls $513B puts

Artificial Intelligence

AI Software & Applications

$45.7B calls $39.4B puts

Artificial Intelligence

Chinese AI

$24.7B calls $16.5B puts

Digital Assets

160 stocks · 4 sub-themes

$95.6B calls $87.1B puts

SaaS & Enterprise Software

$159B calls $149B puts

Internet of Things

Wearables

$69.6B calls $57.3B puts

Video Games & Esports

$72B calls $59.6B puts

Internet of Things

99 stocks · 2 sub-themes

$76.9B calls $63.9B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$109B calls $94.5B puts

Marketplaces

$168B calls $144B puts

Cloud Computing

64 stocks · 1 sub-theme

$223B calls $197B puts

E-Commerce

240 stocks · 2 sub-themes

$187B calls $158B puts