I am using Andrew Stacey's package for drawing cobordisms (see this question), and I have two questions.
Firstly, how can I achieve a drawing such as the one below? To be precise, how would I go about creating a fat cobordism, where some of the incoming and outgoing missing boundary pieces, i.e. not drawn but implied by vertical dots?

Secondly, how do I get rid of the extraspace below the reverse pair of pants? it affects the parantheses
\documentclass{article}
\usepackage{tikz}
\usepackage{tqft}
\begin{document}
\[
S_M\left(\quad
\begin{tikzpicture}[tqft/flow=east]
\node[draw, tqft, reverse pair of pants, boundary lower style={draw,dashed}] (A) {};
\node[tqft boundary circle,draw] at (A.outgoing boundary 1) {};
\end{tikzpicture}
\quad\right)=\bullet
\]
\end{document}

baseline=-0.5ex(or better see use of tikzpicture matrix in align or gather environment) to the picture's options. – Claudio Fiandrino Sep 24 '14 at 14:10