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
5
10
25
50
100
| # | Theme |
Net puts | Puts | Calls |
Put/call ratio | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Semiconductors
| $52.7B | $337B | $285B | 1.19 | 178 |
|
| 2 |
Electric Vehicles
| $13.3B | $155B | $142B | 1.09 | 124 |
|
| 3 |
Electrification & Grid
Energy Storage
| $10.7B | $139B | $128B | 1.08 | 26 |
|
| 4 |
Autonomous Driving
| $10.3B | $149B | $139B | 1.07 | 53 |
|
| 5 |
Electrification & Grid
| $10.2B | $146B | $135B | 1.08 | 59 |
|
| 6 |
Semiconductors
Advanced Packaging
| $4.7B | $22.8B | $18.1B | 1.26 | 10 |
|
| 7 |
Artificial Intelligence
AI Memory & HBM
| $4.07B | $18.4B | $14.4B | 1.28 | 12 |
|
| 8 |
Digital Assets
Corporate Crypto Treasuries
| $3.6B | $43.5B | $39.9B | 1.09 | 63 |
|
| 9 |
Semiconductors
Semicap & Lithography
| $3.05B | $18.3B | $15.3B | 1.2 | 21 |
|
| 10 |
GLP-1 & Obesity
| $1.8B | $28.6B | $26.8B | 1.07 | 92 |
|
| 11 |
Semiconductors
Analog & Power Semis
| $1.41B | $9.62B | $8.21B | 1.17 | 27 |
|
| 12 |
Cybersecurity
Agentic AI Security
| $1.4B | $6.61B | $5.21B | 1.27 | 2 |
|
| 13 |
Gold & Precious Metals
Gold & Silver Miners
| $1.36B | $21.1B | $19.7B | 1.07 | 124 |
|
| 14 |
Gold & Precious Metals
| $1.25B | $21.2B | $19.9B | 1.06 | 133 |
|
| 15 |
Cybersecurity
| $595M | $25.7B | $25.1B | 1.02 | 85 |
|
| 16 |
Clean Energy
Wind
| $497M | $4.86B | $4.36B | 1.11 | 9 |
|
| 17 |
GLP-1 & Obesity
Obesity Second-Order Effects
| $459M | $1.24B | $782M | 1.59 | 26 |
|
| 18 |
Artificial Intelligence
AI Inference Silicon
| $396M | $4.35B | $3.96B | 1.1 | 7 |
|
| 19 |
Oil & Gas
Oilfield Services
| $386M | $3.45B | $3.06B | 1.13 | 88 |
|
| 20 |
Lithium & Battery Materials
| $321M | $1.57B | $1.25B | 1.26 | 47 |
|
| 21 |
Housing & Home Improvement
Home & Garden Retail
| $304M | $8.93B | $8.63B | 1.04 | 30 |
|
| 22 |
Agriculture & Food Technology
Precision Agriculture
| $185M | $1.17B | $983M | 1.19 | 4 |
|
| 23 |
Digital Payments & Fintech
Buy Now Pay Later
| $155M | $1.64B | $1.49B | 1.1 | 13 |
|
| 24 |
Streaming & Digital Media
| $92.8M | $135B | $135B | 1 | 120 |
|
| 25 |
Streaming & Digital Media
News Media
| $63.8M | $232M | $168M | 1.38 | 26 |
|
| 26 |
Agriculture & Food Technology
| $59.5M | $2.81B | $2.75B | 1.02 | 79 |
|
| 27 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| $58.9M | $7.08B | $7.02B | 1.01 | 14 |
|
| 28 |
Sin Stocks
Tobacco & Nicotine
| $11.4M | $2.93B | $2.92B | 1 | 13 |
|
| 29 |
Infrastructure & Construction
Green Building
| $803K | $11M | $10.2M | 1.08 | 5 |
|
| 30 |
Future of Education
| -$13.3M | $1.56B | $1.57B | 0.99 | 77 |
|
| 31 |
Virtual & Augmented Reality
| -$19M | $13.4M | $32.4M | 0.41 | 20 |
|
| 32 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -$21.8M | $1.22B | $1.24B | 0.98 | 19 |
|
| 33 |
Water
Sanitation
| -$27.5M | $54M | $81.5M | 0.66 | 8 |
|
| 34 |
Clean Energy
Hydrogen & Fuel Cells
| -$42.5M | $2.79B | $2.83B | 0.98 | 13 |
|
| 35 |
Sin Stocks
Firearms
| -$50.5M | $28.7M | $79.3M | 0.36 | 12 |
|
| 36 |
Cybersecurity
Post-Quantum Cryptography
| -$50.7M | $18.6M | $69.3M | 0.27 | 6 |
|
| 37 |
Sin Stocks
Alcohol
| -$59.9M | $1.74B | $1.8B | 0.97 | 24 |
|
| 38 |
Space Economy
Earth Observation
| -$60.3M | $95.5M | $156M | 0.61 | 6 |
|
| 39 |
Water
Water Infrastructure
| -$72.6M | $177M | $249M | 0.71 | 17 |
|
| 40 |
3D Printing & Additive Manufacturing
| -$89M | $438M | $527M | 0.83 | 20 |
|
| 41 |
Sports Betting & iGaming
| -$91.1M | $2.19B | $2.28B | 0.96 | 29 |
|
| 42 |
Internet of Things
Smart Home
| -$99.8M | $389M | $489M | 0.8 | 17 |
|
| 43 |
Housing & Home Improvement
Homebuilders
| -$111M | $2.63B | $2.74B | 0.96 | 45 |
|
| 44 |
Agriculture & Food Technology
Plant-Based Foods
| -$121M | $347M | $468M | 0.74 | 17 |
|
| 45 |
Cannabis
| -$131M | $165M | $297M | 0.56 | 52 |
|
| 46 |
Defense Modernization
Drones & Counter-Drone
| -$163M | $2.08B | $2.24B | 0.93 | 30 |
|
| 47 |
Robotics & Automation
Humanoid Robotics
| -$174M | $325M | $499M | 0.65 | 5 |
|
| 48 |
Nuclear Energy
Small Modular Reactors
| -$178M | $4.98B | $5.16B | 0.97 | 12 |
|
| 49 |
Luxury & Affluent Consumer
| -$203M | $2.38B | $2.58B | 0.92 | 40 |
|
| 50 |
Electrification & Grid
Grid Equipment
| -$212M | $6.08B | $6.29B | 0.97 | 10 |
|
| 51 |
Electrification & Grid
Transmission Buildout
| -$238M | $563M | $801M | 0.7 | 6 |
|
| 52 |
Data Centers & Digital Infrastructure
Power for AI
| -$297M | $1.81B | $2.1B | 0.86 | 22 |
|
| 53 |
Pet Economy
| -$298M | $4.76B | $5.06B | 0.94 | 34 |
|
| 54 |
Housing & Home Improvement
| -$333M | $15.4B | $15.7B | 0.98 | 223 |
|
| 55 |
Online Travel & Experiences
| -$342M | $11B | $11.4B | 0.97 | 32 |
|
| 56 |
Cybersecurity
Identity Security
| -$382M | $1.02B | $1.4B | 0.73 | 15 |
|
| 57 |
Defense Modernization
Military Shipbuilding
| -$393M | $679M | $1.07B | 0.63 | 6 |
|
| 58 |
Defense Modernization
Munitions Restocking
| -$400M | $2.95B | $3.35B | 0.88 | 11 |
|
| 59 |
Critical Minerals & Rare Earths
| -$430M | $2.53B | $2.96B | 0.85 | 60 |
|
| 60 |
Reshoring & American Manufacturing
| -$454M | $686M | $1.14B | 0.6 | 20 |
|
| 61 |
Genomics & Gene Editing
Gene Therapy
| -$531M | $1.52B | $2.05B | 0.74 | 131 |
|
| 62 |
Electric Vehicles
EV Charging Infrastructure
| -$554M | $632M | $1.19B | 0.53 | 21 |
|
| 63 |
Semiconductors
Photonics & Optical Interconnect
| -$554M | $2.24B | $2.79B | 0.8 | 20 |
|
| 64 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -$587M | $167M | $754M | 0.22 | 9 |
|
| 65 |
Space Economy
Launch Services
| -$617M | $1.62B | $2.23B | 0.72 | 5 |
|
| 66 |
Artificial Intelligence
Agentic AI
| -$636M | $34.8B | $35.5B | 0.98 | 13 |
|
| 67 |
Water
| -$660M | $638M | $1.3B | 0.49 | 67 |
|
| 68 |
Digital Payments & Fintech
Neobanks
| -$698M | $4.97B | $5.67B | 0.88 | 25 |
|
| 69 |
Sin Stocks
Casinos
| -$720M | $2.77B | $3.49B | 0.79 | 24 |
|
| 70 |
Nuclear Energy
Uranium Mining & Enrichment
| -$732M | $3.07B | $3.8B | 0.81 | 20 |
|
| 71 |
Sin Stocks
| -$861M | $7.51B | $8.37B | 0.9 | 78 |
|
| 72 |
Robotics & Automation
Warehouse & Logistics Robotics
| -$1.05B | $1.52B | $2.56B | 0.59 | 3 |
|
| 73 |
Robotics & Automation
Industrial Automation
| -$1.1B | $2.43B | $3.53B | 0.69 | 16 |
|
| 74 |
Quantum Computing
| -$1.14B | $7.71B | $8.86B | 0.87 | 19 |
|
| 75 |
Oil & Gas
LNG
| -$1.14B | $3.69B | $4.83B | 0.76 | 32 |
|
| 76 |
Clean Energy
Solar
| -$1.16B | $9.05B | $10.2B | 0.89 | 54 |
|
| 77 |
Defense Modernization
Defense Tech & C4ISR
| -$1.23B | $28.6B | $29.8B | 0.96 | 53 |
|
| 78 |
Health & Wellness
| -$1.38B | $2.7B | $4.07B | 0.66 | 78 |
|
| 79 |
Digital Assets
Bitcoin Miners
| -$1.39B | $12.6B | $14B | 0.9 | 40 |
|
| 80 |
Space Economy
Satellite Communications
| -$1.4B | $2.89B | $4.29B | 0.67 | 16 |
|
| 81 |
Longevity & Aging Population
| -$1.5B | $2.48B | $3.98B | 0.62 | 60 |
|
| 82 |
Carbon & Pollution Control
| -$1.5B | $2.37B | $3.87B | 0.61 | 23 |
|
| 83 |
Clean Energy
| -$1.55B | $19.9B | $21.4B | 0.93 | 134 |
|
| 84 |
Energy Efficiency
| -$1.56B | $2.17B | $3.74B | 0.58 | 31 |
|
| 85 |
Infrastructure & Construction
| -$1.66B | $8.02B | $9.68B | 0.83 | 127 |
|
| 86 |
Data Centers & Digital Infrastructure
| -$1.73B | $16.1B | $17.8B | 0.9 | 78 |
|
| 87 |
Robotics & Automation
| -$1.73B | $3.63B | $5.37B | 0.68 | 83 |
|
| 88 |
Cloud Computing
Edge Computing
| -$1.84B | $2.59B | $4.43B | 0.58 | 11 |
|
| 89 |
Nuclear Energy
| -$2.04B | $20B | $22.1B | 0.91 | 61 |
|
| 90 |
Copper & Industrial Metals
| -$2.24B | $7.73B | $9.97B | 0.78 | 79 |
|
| 91 |
Reuse, Repair & Circular Economy
| -$2.24B | $9.29B | $11.5B | 0.81 | 68 |
|
| 92 |
Small Business Economy
| -$2.27B | $10.9B | $13.2B | 0.83 | 58 |
|
| 93 |
Oil & Gas
| -$2.32B | $34.5B | $36.8B | 0.94 | 361 |
|
| 94 |
Genomics & Gene Editing
| -$3B | $6.56B | $9.56B | 0.69 | 199 |
|
| 95 |
Defense Modernization
| -$3.29B | $49.4B | $52.7B | 0.94 | 163 |
|
| 96 |
Space Economy
| -$3.33B | $8.17B | $11.5B | 0.71 | 64 |
|
| 97 |
E-Commerce
Food Delivery
| -$3.43B | $13.4B | $16.8B | 0.8 | 12 |
|
| 98 |
Immunotherapy & Oncology
| -$3.43B | $21.1B | $24.5B | 0.86 | 388 |
|
| 99 |
Medical Devices & Diagnostics
| -$3.91B | $15B | $19B | 0.79 | 342 |
|
| 100 |
Digital Health & Telemedicine
| -$4.08B | $25.1B | $29.2B | 0.86 | 84 |
|
| 101 |
Digital Assets
Stablecoin Infrastructure
| -$5.25B | $21.6B | $26.8B | 0.8 | 9 |
|
| 102 |
Digital Assets
Crypto Exchanges
| -$6.16B | $15.6B | $21.7B | 0.72 | 7 |
|
| 103 |
Artificial Intelligence
| -$6.21B | $513B | $519B | 0.99 | 264 |
|
| 104 |
Artificial Intelligence
AI Software & Applications
| -$6.29B | $39.4B | $45.7B | 0.86 | 85 |
|
| 105 |
Artificial Intelligence
Chinese AI
| -$8.19B | $16.5B | $24.7B | 0.67 | 14 |
|
| 106 |
Digital Assets
| -$8.51B | $87.1B | $95.6B | 0.91 | 160 |
|
| 107 |
SaaS & Enterprise Software
| -$9.82B | $149B | $159B | 0.94 | 266 |
|
| 108 |
Internet of Things
Wearables
| -$12.3B | $57.3B | $69.6B | 0.82 | 21 |
|
| 109 |
Video Games & Esports
| -$12.5B | $59.6B | $72B | 0.83 | 55 |
|
| 110 |
Internet of Things
| -$12.9B | $63.9B | $76.9B | 0.83 | 99 |
|
| 111 |
Digital Payments & Fintech
| -$14.5B | $94.5B | $109B | 0.87 | 148 |
|
| 112 |
E-Commerce
Marketplaces
| -$23.6B | $144B | $168B | 0.86 | 106 |
|
| 113 |
Cloud Computing
| -$26B | $197B | $223B | 0.88 | 64 |
|
| 114 |
E-Commerce
| -$28.7B | $158B | $187B | 0.85 | 240 |
|
| 115 |
Social Media & Creator Economy
| -$31.8B | $163B | $195B | 0.84 | 45 |
|