Quick follow-up on one we shared about two weeks ago. TPL, LandBridge (LB), and WaterBridge (WBI). Since that post, TPL has run nearly $135. LandBridge is up close to 20%. WaterBridge about 6%. The story hasn't changed. If anything it's getting louder. Upstream consolidation is still underway, the data center buildout in West Texas is accelerating, and these names are right in the middle of it all. They're also catching a tailwind from the geopolitical situation right now, which is real... but that kind of premium can come out of the price just as fast as it went in. So if you missed this move, don't chase. When the geopolitical heat fades and these pull back under the 8-day, ideally down towards the 20-day... that's your window. Sell a put spread at a price you'd be comfortable paying for the stock. On something like LandBridge, that might mean waiting for a pullback into the mid-60s and targeting a spread around 60. You know your risk tolerance better than we do... just let the price come to you. The Permian thesis isn't going anywhere. 'Scott