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

$679B calls $911B puts

Artificial Intelligence

AI Memory & HBM

$208B calls $325B puts

Artificial Intelligence

264 stocks · 6 sub-themes

$888B calls $935B puts

Advanced Packaging

$37.5B calls $48.9B puts

Semicap & Lithography

$47.2B calls $54.6B puts

Gold & Precious Metals

Gold & Silver Miners

$20.6B calls $26.5B puts

Gold & Precious Metals

133 stocks · 1 sub-theme

$20.7B calls $26.5B puts

Hydrogen & Fuel Cells

$9.79B calls $14.2B puts

Artificial Intelligence

Agentic AI

$29.9B calls $33.8B puts

Defense Modernization

Defense Tech & C4ISR

$22.4B calls $24.6B puts

Wind

$8.96B calls $10.9B puts

Electrification & Grid

Grid Equipment

$11.6B calls $13.4B puts

Artificial Intelligence

AI Software & Applications

$25.2B calls $26.9B puts

Infrastructure & Construction

127 stocks · 1 sub-theme

$22.4B calls $23.6B puts

Clean Energy

134 stocks · 3 sub-themes

$34.4B calls $35.6B puts

Artificial Intelligence

AI Inference Silicon

$7.75B calls $8.77B puts

Small Modular Reactors

$2.65B calls $3.27B puts

Autonomous Driving

Ride-Hailing & Shared Mobility

$4.05B calls $4.65B puts

Luxury & Affluent Consumer

$1.72B calls $2.05B puts

Nuclear Energy

61 stocks · 2 sub-themes

$24.4B calls $24.8B puts

Data Centers & Digital Infrastructure

Interconnect & Colocation

$1.79B calls $1.98B puts

Lithium & Battery Materials

$1.62B calls $1.8B puts

Electrification & Grid

Transmission Buildout

$1.67B calls $1.84B puts

Uranium Mining & Enrichment

$2.9B calls $3.02B puts

Corporate Crypto Treasuries

$12.2B calls $12.2B puts

Agriculture & Food Technology

Precision Agriculture

$1.89B calls $1.92B puts

Infrastructure & Construction

Green Building

$21.6M calls $13.8M puts

Sanitation

$109M calls $94.6M puts

Identity Security

$1.29B calls $1.26B puts

Virtual & Augmented Reality

$87.5M calls $45.2M puts

Artificial Intelligence

Sovereign AI

$121M calls $49.8M puts

Cannabis

$228M calls $152M puts

Defense Modernization

Munitions Restocking

$2.73B calls $2.65B puts

Robotics & Automation

Humanoid Robotics

$272M calls $172M puts

Water Infrastructure

$268M calls $168M puts

Digital Payments & Fintech

Buy Now Pay Later

$1.39B calls $1.29B puts

Alcohol

$1.13B calls $1B puts

Tobacco & Nicotine

$2.7B calls $2.57B puts

Housing & Home Improvement

Homebuilders

$1.6B calls $1.46B puts

Post-Quantum Cryptography

$205M calls $28.5M puts

Agriculture & Food Technology

Plant-Based Foods

$395M calls $192M puts

Defense Modernization

Drones & Counter-Drone

$2.29B calls $2.08B puts

Internet of Things

Smart Home

$589M calls $364M puts

GLP-1 & Obesity

Obesity Second-Order Effects

$915M calls $687M puts

Firearms

$285M calls $51.2M puts

3D Printing & Additive Manufacturing

$852M calls $612M puts

Agriculture & Food Technology

79 stocks · 2 sub-themes

$3.65B calls $3.41B puts

Reshoring & American Manufacturing

$2.75B calls $2.49B puts

Crypto Exchanges

$6.96B calls $6.69B puts

Future of Education

$906M calls $636M puts

Streaming & Digital Media

News Media

$473M calls $177M puts

Water

67 stocks · 2 sub-themes

$957M calls $639M puts

Carbon & Pollution Control

$6.93B calls $6.47B puts

Data Centers & Digital Infrastructure

Liquid Cooling

$951M calls $445M puts

Pet Economy

$5.55B calls $5.03B puts

Defense Modernization

Military Shipbuilding

$1.14B calls $573M puts

Earth Observation

$922M calls $354M puts

Electric Vehicles

EV Charging Infrastructure

$1.08B calls $496M puts

Data Centers & Digital Infrastructure

Power for AI

$4.79B calls $4.09B puts

Quantum Computing

$9.44B calls $8.74B puts

Longevity & Aging Population

$4.06B calls $3.32B puts

Agentic AI Security

$10.9B calls $10.1B puts

Genomics & Gene Editing

Gene Therapy

$2.56B calls $1.64B puts

Photonics & Optical Interconnect

$23B calls $21.9B puts

Health & Wellness

$3.16B calls $2.06B puts

Sports Betting & iGaming

$2.72B calls $1.53B puts

LNG

$7B calls $5.75B puts

Oilfield Services

$4.88B calls $3.61B puts

Robotics & Automation

Warehouse & Logistics Robotics

$2.14B calls $782M puts

Food Delivery

$8.84B calls $7.47B puts

Energy Efficiency

$3.51B calls $2.01B puts

Robotics & Automation

Industrial Automation

$5.31B calls $3.75B puts

Stablecoin Infrastructure

$12.3B calls $10.8B puts

Casinos

$3.16B calls $1.58B puts

Artificial Intelligence

Chinese AI

$10.9B calls $9.25B puts

Robotics & Automation

83 stocks · 3 sub-themes

$6.77B calls $5.07B puts

Online Travel & Experiences

$10.1B calls $8.33B puts

Immunotherapy & Oncology

$27B calls $25.2B puts

Digital Payments & Fintech

Neobanks

$5.48B calls $3.64B puts

Reuse, Repair & Circular Economy

$9.6B calls $7.62B puts

Housing & Home Improvement

Home & Garden Retail

$9.09B calls $7.03B puts

Sin Stocks

78 stocks · 4 sub-themes

$7.28B calls $5.2B puts

Genomics & Gene Editing

199 stocks · 1 sub-theme

$7.79B calls $5.69B puts

Copper & Industrial Metals

$11.5B calls $9.4B puts

Medical Devices & Diagnostics

$19.4B calls $16.8B puts

Autonomous Driving

53 stocks · 1 sub-theme

$112B calls $110B puts

Critical Minerals & Rare Earths

$5.75B calls $2.5B puts

Digital Health & Telemedicine

$22.8B calls $19.4B puts

Housing & Home Improvement

223 stocks · 2 sub-themes

$14.1B calls $10.6B puts

Cloud Computing

Edge Computing

$8.71B calls $4.72B puts

Small Business Economy

$12.5B calls $8.18B puts

Solar

$10.8B calls $6.44B puts

Analog & Power Semis

$20.8B calls $16.1B puts

GLP-1 & Obesity

92 stocks · 1 sub-theme

$37.1B calls $32B puts

Electrification & Grid

59 stocks · 3 sub-themes

$111B calls $105B puts

Cybersecurity

85 stocks · 3 sub-themes

$43B calls $36.4B puts

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

$31.2B calls $24.5B puts

Launch Services

$23.8B calls $16.9B puts

Defense Modernization

163 stocks · 4 sub-themes

$66.2B calls $58.8B puts

Electrification & Grid

Energy Storage

$97.5B calls $89.9B puts

Satellite Communications

$27.3B calls $19.6B puts

Bitcoin Miners

$19.2B calls $11.2B puts

Electric Vehicles

124 stocks · 1 sub-theme

$116B calls $105B puts

Oil & Gas

361 stocks · 2 sub-themes

$46.4B calls $35.6B puts

Digital Assets

160 stocks · 4 sub-themes

$52B calls $40.4B puts

Space Economy

64 stocks · 3 sub-themes

$38.7B calls $26.8B puts

Internet of Things

Wearables

$73.5B calls $60.8B puts

Internet of Things

99 stocks · 2 sub-themes

$89.3B calls $74.2B puts

Digital Payments & Fintech

148 stocks · 2 sub-themes

$113B calls $92.5B puts

Marketplaces

$169B calls $139B puts

Streaming & Digital Media

120 stocks · 1 sub-theme

$187B calls $152B puts

E-Commerce

240 stocks · 2 sub-themes

$187B calls $151B puts

SaaS & Enterprise Software

$224B calls $169B puts

Video Games & Esports

$128B calls $68B puts

Cloud Computing

64 stocks · 1 sub-theme

$348B calls $254B puts