The Option(al) Experience: Ep. 5, Options Analysis
In the fifth installment of our dedicated options series featuring Blayne Macauley (Host of the Penny Lane Podcast) and Erik Smolinski (Creator of esInvests), we've finally made it through most of the boring technical knowledge and are working on practical application! Before the lesson kicks off, Blayne and Erik discuss managing emotions and using controls to help with that process before analyzing some trade ideas and looking at how to incorpoate options into that work. Homework for this week is to structure a $100k portfolio and paper trade the account. Check it out on YouTube if you want to be able to see Erik's screen!
Move Me Brightly - Blayne's new podcast!
If you have questions to submit for the next miniseries episode, email us at 2bulls@financialineptitude.com or post it in our Discord!
2 Bulls in a China Shop: Recorded on 09/20/2023
Listen now on all major Podcast distributors!
About Erik:
Erik is a lifelong investor and self-made millionaire looking to share how others can achieve the same. He is hoping to share his experience with active and veteran military members to expose them to opportunities.
He came from a single parent low-income household, worked odd jobs as a kid, and began investing in high school. Erik wasn't going to attend college and planned to enlist in the Marines, but a mentor directed him to apply for a scholarship (which he earned). While he pursued his undergrad, he dug deeper into investing and trading - finding derivatives which he primarily trades. He completed over 6 years of active duty before transitioning to the reserves, earning an MBA during his last year. Erik then spread into real estate and angel investing as his means grew, to accelerate capital growth.
About Blayne:
At the age of 23, Blayne Macauley authored the 5th ranked real estate blog in the world. She started an art business in 2016, which she built into a 6-figure company within 3 years. In 2020 she founded The Penny Lane Podcast about retail trading, which was ranked among the top investing podcasts on iTunes and was featured in the New York Times. She is a daily market commentator, author of "The Intermediate Trader Blog," and podcast host for the Place Your Trades Network. She was featured in the documentary film The New Americans by Ondi Timoner.
Blayne has worked as the Marketing Director for a luxury real estate company, Beacham & Company, Realtors, for the past 17 years.
Guest Links:
esInvests - Erik's YouTube Channel
esInvests - Erik's Website
Subscribe to Blayne's Substack
Move Me Brightly - Blayne's New Podcast
Penny Lane Podcast - Blayne's Website
Social Links:
Follow Erik on Twitter
Follow Blayne on Twitter
Follow Blayne on Instagram
Sponsorships
Our podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 36 states, if you need anything mortgage-related, reach out to her at SPullen@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!
For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta in our free discord server as well!
If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**
Check out the custom studies for futures trading over at OrderFlow Labs. We do not receive any compensation for referrals, we just love their community and tools!
To contact us, you can email us directly at 2bulls@financialineptitude.com
Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted!
If you enjoyed this week's guest, check out our directory for other amazing interviews we've done in the past!
If you like our show, please let us know by rating and subscribing on your platform of choice!
If you like our show and hate social media, then please tell all your friends!
If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!
China Shop Links:
2 Bulls Discord
Miniseries Page
China Shop Merch
Guest Directory
Other Miniseries Episodes to Check Out