The analyst identifies $SYN (Synapse) as a high-conviction investment with a potential 1000x upside to the market cap of $HOOD, driven by the launch of the Hypercall options platform. At an $81M FDV, the asset is positioned against competitors like $COIN (via Deribit), $CBOE, and $NDAQ, with plans to offer global access to 0DTE $SPCX calls and options on pre-IPO companies like Anthropic and OpenAI. The thesis highlights that Hypercall's hedging flows will drive volume and buybacks for $HYPE (Hyperliquid), while $SYN holders will govern future cash flows and potential buyback structures.