I'm puzzled by a lot of things about the market, but the ascent of former Major League Baseball All-Star Lenny Dykstra to the throne of options trading pundit is pretty interesting.

He writes regularly for TheStreet.com (NASDAQ: TSCM), with a focus on the trading of deep in the money calls, one of the less risky options trading strategies out there. A 2006 look at his background in Fortune summed his market experience up this way: "After his mutual funds tanked, Lenny Dykstra leaned on some heavy hitters to transform him from an ex-major leaguer to a minor-league stock picker. At the time, he was talking to the reporter about a stock he owned called Lipid Sciences (NASDAQ: LIPD), which has steadily declined in value since that article. It was the only stock he owned.

Outside of his columns and appearances on CNBC, Mr. Dykstra's media attention has been less than positive. His name appears 28 times in the Mitchell Report on steroid use in baseball, but he declined to speak with Mitchell's team. In an affidavit, for Major Leaguer and steroid user Jason Grimsley accused Dykstra of using steroids.

Each bull market has its unique way of demonstrating enthusiasm for stocks. In the late 1920s, it was stock market chatter at the local barbershop that was an indication of stock market excesses. In the 1990s, The Beardstown Ladies, an Illinois-based investment club filled with seniors, graced the covers of news publications.

What about this bull market? It appears it is jock stock pickers. Lenny Dykstra, of the 1986 New York Mets World Series championship team, writes for the TheStreet.com in its News & Analysis section. What does Lenny write about? The buying and selling of options on semiconductor and related stocks. Wow! That's not too risky.

It is time to take all those MBA diplomas and throw them out the window. Forget Graham & Dodd and the Efficient Market Hypothesis, go out and sell naked puts with Lenny Dykstra.