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The Day a Guy Named “Nails” Came Gunning for Me…

The Day a Guy Named “Nails” Came Gunning for Me…

Posted On August 10, 2020 2:59 pm
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Lenny Dystra was a center fielder in the 1986 World Series Champion of New York Mets.  

He was so tough that the Mets fans started calling him Nails.  He played fearlessly and had a “hard nose” attitude toward life.  

After Nails retired, he became a member of TheStreet.com, and started endorsing an options strategy.  I didn’t like the strategy because I thought it was irresponsible and misleading…

And I said so as a financial journalist.  

Needless to say, Nails was pissed.  

There were a few months there where we went back and forth,, and he made it known that he wanted to take a shot at me.  

I wasn’t really that worried because I figured it was just bluster…

Until he showed up at my office one day.  He was steaming mad and spoiling for a fight.  

Just to be clear, I’m no sissy.  But I also had no interest in trying to fight a former professional athlete in my office!

Luckily, cooler heads prevailed and we were able to bury the feud.  I still didn’t like his strategy, but we agreed to disagree about it.  

All’s well that ends well.

To Your Success,

Steve

PS. I almost forgot, you can find an options strategy that is responsible and completely transparent here.  Check it out.  Talk soon!

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.