Stock market : Provide capital to growth ideas

Security instruments based off underlying options that don’t expire. In short, they are like LEAPs that you can hold indefinitely. Great insurance and downside protection. A good compliment to the option investor.

Funfact: There was this one old heretic from the way old days before the 20s plague, 00s great bear, the boomer.com bubble, and even before the e-trade baby that suggested a crazy idea that stocks should be the main part of one’s portfolio with options being used as insurance like downside protection (what a dumbass. Everyone knows options are the portfolio and stocks are the insurance).

They don’t expire??

That would mean that you’re entitled to a portion of all future cash flows. Even discounted for the present value, could you imagine how valuable that would be?

Not really useful. By the time the company actually has positive cash flows, it will be too boring to hold.

I mean, who wants something like 3% dividends per year on a company that barely moves in price, when you can yolo with options on unprofitable company and make 3000%?