Stop using options as a lottery tickets. Use them as wheelbarrows instead. Most people are wildly unprofitable with options, because they buy far out of the money, and don't buy enough time. For most people, over a long period, OTM 0DTEs & weeklies won't consistently make you significant amounts of money, and even if you get lucky, you won't be taking them with enough size. Once you start using options as tool to maximize buying power across multiple opportunity sets, with some conservative rules about moneyness & expiration (sub 75% IV, and ITM/ATM or less than 10% OTM, 3 months out) the game changes.

From Hendrik Bessembinder's updated report: Only 30 stocks (out of 29,000) have produced 43% of wealth creation since 1926 Some will say this is why you just buy a market cap weighted momentum index like the S&P. I would say it proves the stock market is for stock picking and buy and hold forever is probably the most difficult game in town regardless of how simple and cerebral it all sounds.

Anytime you hear Anduril or SpaceX in the news, just remember, they have a critical parts manufacturer sitting on the market for less than $500M with a 50% short float and an options chain… for now.

He's right.

Updated our $TMDX tracker Turns out it was 96% accurate in estimating the revenue Link - singularityresearchfund.com/…

In honor of another banger $TMDX quarter, we're opening up our discord to new members again (completely free) for those who want to join in on both community and deep conversations surrounding Transmedics 🙂 discord.gg/Hn4NzCKe