I have gone back to stocks and am considering SSF's. All I want to do are simple directional bets and I haven't been able to make that work with options. Black Scholes is bullshit as far as I'm concerned.
This is NOT true. This is NOT why LTCM went under. They went under b/c of OVERLEVERAGE. At one point, 100x! It has nothing to do with Black-Scholes option pricing formula.
The merger of Black & Decker with Dr. Scholl's has definitely given us more footwear Options. But do I really need an electric drillbit in my heel? I'm not Inspector Gadget!