Premise: Although it's hard to disagree with James Surowiecki's roasting of Wade Cook in The Book on Cook, Surowiecki's assertion that the equity stock option market is simply a big casino that contribute[s] nothing to the smooth functioning of capital markets is both wrong and silly.

Hypothesis: James Surowiecki asserts that the equity stock option market contributes nothing to the smooth functioning of capital markets.
Relation: entailment