Themes With The Most
Fund Call 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

E-Commerce

240 stocks · 2 sub-themes

$171B calls $153B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$107B calls $91.6B puts

Internet of Things

99 stocks · 2 sub-themes

$75.5B calls $62.5B puts

Marketplaces

$149B calls $137B puts

Internet of Things

Wearables

$67.8B calls $55.8B puts

Digital Assets

160 stocks · 4 sub-themes

$59.3B calls $51.2B puts

Video Games & Esports

$60.8B calls $52.9B puts

Space Economy

64 stocks · 3 sub-themes

$13.8B calls $8.27B puts

Cloud Computing

64 stocks · 1 sub-theme

$217B calls $213B puts

Digital Health & Telemedicine

$23.4B calls $19.9B puts

Online Travel & Experiences

$14.7B calls $11.4B puts

Bitcoin Miners

$12.9B calls $9.56B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$18.7B calls $16B puts

Critical Minerals & Rare Earths

$4.69B calls $1.99B puts

Satellite Communications

$5.81B calls $3.24B puts

Robotics & Automation

83 stocks · 3 sub-themes

$5.45B calls $2.99B puts

Immunotherapy & Oncology

$24.9B calls $22.4B puts

Small Business Economy

$13.4B calls $10.9B puts

Reuse, Repair & Circular Economy

$13.2B calls $10.7B puts

Defense Modernization

163 stocks · 4 sub-themes

$49.9B calls $47.5B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$9.58B calls $7.64B puts

Stablecoin Infrastructure

$17.3B calls $15.4B puts

Solar

$10.7B calls $8.94B puts

Medical Devices & Diagnostics

$18.6B calls $16.9B puts

Robotics & Automation

Industrial Automation

$3.77B calls $2.11B puts

Copper & Industrial Metals

$11B calls $9.42B puts

Crypto Exchanges

$11.8B calls $10.2B puts

Pet Economy

$5.96B calls $4.42B puts

Sin Stocks

78 stocks · 4 sub-themes

$7.93B calls $6.43B puts

Cloud Computing

Edge Computing

$3.91B calls $2.45B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$12.4B calls $11.1B puts

Casinos

$3.63B calls $2.37B puts

Clean Energy

134 stocks · 3 sub-themes

$21.8B calls $20.6B puts

Launch Services

$3.25B calls $2.06B puts

Sports Betting & iGaming

$2.73B calls $1.55B puts

Artificial Intelligence

Chinese AI

$15.8B calls $14.6B puts

Longevity & Aging Population

$3.48B calls $2.34B puts

Energy Efficiency

$3.29B calls $2.17B puts

Digital Payments & Fintech

Neobanks

$6.24B calls $5.14B puts

Photonics & Optical Interconnect

$5.26B calls $4.22B puts

Robotics & Automation

Warehouse & Logistics Robotics

$2.1B calls $1.16B puts

Genomics & Gene Editing

Gene Therapy

$2.36B calls $1.46B puts

Carbon & Pollution Control

$2.94B calls $2.13B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$31.9B calls $31.2B puts

Health & Wellness

$3.03B calls $2.29B puts

Defense Modernization

Military Shipbuilding

$1.18B calls $604M puts

Food Delivery

$10.3B calls $9.78B puts

Alcohol

$2.04B calls $1.59B puts

Lithium & Battery Materials

$2.71B calls $2.27B puts

Electric Vehicles

EV Charging Infrastructure

$996M calls $626M puts

Identity Security

$1.18B calls $824M puts

Housing & Home Improvement

Home & Garden Retail

$7.41B calls $7.06B puts

Artificial Intelligence

Agentic AI

$34.2B calls $33.9B puts

Defense Modernization

Drones & Counter-Drone

$1.81B calls $1.48B puts

Data Centers & Digital Infrastructure

Liquid Cooling

$518M calls $191M puts

Uranium Mining & Enrichment

$3.53B calls $3.26B puts

Defense Modernization

Munitions Restocking

$2.98B calls $2.72B puts

Robotics & Automation

Humanoid Robotics

$520M calls $268M puts

Water

67 stocks · 2 sub-themes

$825M calls $586M puts

Cannabis

$482M calls $247M puts

Earth Observation

$382M calls $160M puts

Quantum Computing

$6.95B calls $6.77B puts

Reshoring & American Manufacturing

$1.07B calls $886M puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$10.6B calls $10.5B puts

Analog & Power Semis

$9.69B calls $9.54B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$962M calls $814M puts

3D Printing & Additive Manufacturing

$546M calls $414M puts

Post-Quantum Cryptography

$146M calls $18.8M puts

Artificial Intelligence

AI Software & Applications

$34.9B calls $34.8B puts

Internet of Things

Smart Home

$378M calls $263M puts

Future of Education

$947M calls $836M puts

Housing & Home Improvement

Homebuilders

$2.02B calls $1.92B puts

Agriculture & Food Technology

Plant-Based Foods

$330M calls $245M puts

Hydrogen & Fuel Cells

$2.97B calls $2.92B puts

Agriculture & Food Technology

Precision Agriculture

$1.03B calls $985M puts

Sanitation

$82.4M calls $50.8M puts

Firearms

$69.5M calls $43.4M puts

Virtual & Augmented Reality

$27.2M calls $14.1M puts

Water Infrastructure

$268M calls $256M puts

Infrastructure & Construction

Green Building

$7.83M calls $17.9M puts

Streaming & Digital Media

News Media

$131M calls $151M puts

Electrification & Grid

Transmission Buildout

$850M calls $889M puts

Corporate Crypto Treasuries

$18.6B calls $18.7B puts

Defense Modernization

Defense Tech & C4ISR

$27.8B calls $27.9B puts

Luxury & Affluent Consumer

$2.42B calls $2.56B puts

GLP-1 & Obesity

Obesity Second-Order Effects

$804M calls $998M puts

Artificial Intelligence

AI Inference Silicon

$4.42B calls $4.61B puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$2.24B calls $2.46B puts

Digital Payments & Fintech

Buy Now Pay Later

$1.21B calls $1.46B puts

Tobacco & Nicotine

$2.15B calls $2.39B puts

LNG

$4.9B calls $5.15B puts

Data Centers & Digital Infrastructure

Power for AI

$1.87B calls $2.15B puts

Oilfield Services

$2.96B calls $3.24B puts

Small Modular Reactors

$3.35B calls $3.94B puts

Nuclear Energy

61 stocks · 2 sub-themes

$19.5B calls $20.1B puts

Oil & Gas

361 stocks · 2 sub-themes

$33.4B calls $34.1B puts

Electrification & Grid

Grid Equipment

$6.19B calls $6.94B puts

Cybersecurity

85 stocks · 3 sub-themes

$21.3B calls $22.1B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$4.78B calls $5.64B puts

Wind

$4.59B calls $5.55B puts

Agentic AI Security

$3.42B calls $4.68B puts

Electrification & Grid

Energy Storage

$122B calls $124B puts

Electrification & Grid

59 stocks · 3 sub-themes

$129B calls $132B puts

Autonomous Driving

53 stocks · 1 sub-theme

$129B calls $132B puts

SaaS & Enterprise Software

$141B calls $144B puts

Electric Vehicles

124 stocks · 1 sub-theme

$136B calls $140B puts

Semicap & Lithography

$16B calls $20.8B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$145B calls $151B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$19B calls $25.2B puts

Gold & Precious Metals

Gold & Silver Miners

$18.8B calls $25.1B puts

Artificial Intelligence

AI Memory & HBM

$21.4B calls $32.3B puts

Advanced Packaging

$15B calls $27.8B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$494B calls $527B puts

Semiconductors

178 stocks · 4 sub-themes

$276B calls $347B puts