In this latest installment of Round Table, Square Traders, Erik Smolinski from esInvests returns to field options related questions from beginners Sam and Lukas. Listen along as we touch on everything from managing positions, profiting in a bear market and of course, the greeks. We also touch on strategy development and backtesting in this supersized episode. It's longer than usual, but well worth the time!

Want to join an expert on the next episode? Send us an email at 2bulls@financialineptitude.com with a list of topics and a short bio and you could be selected for the next episode!

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 Lukas:

An aspiring options trader from Wisconsin, Lukas had his first introduction to the markets and options in high school and immediately fell in love. He's 18 now and trying to figure out whether college is a good choice or not, so in the meantime he's been educating himself on options and coding, hitting the gym, and eating crayons. Ultimately looking to learn, gain experience, and perhaps make some money in the process.

About Sam:

Sam has been trading options since 2021. He initially became interested in options as a way to leverage his investments, specifically using LEAPS. Prior to trading options, he had been mostly focused on long-term investments for his retirement account. Sam is always looking to learn and is currently looking to use options as a tool for capturing volatility expansion and contraction in this bear market.

Guest Links:

esInvests YouTube Channel

esInvests Website

Social Links:

Follow Erik on Twitter

Sponsorships

Support for 2 Bulls is brought to you by MANSCAPED™, who is the best in men’s below-the-waist grooming. Their products are precision-engineered tools for your family jewels. MANSCAPED’s™ Performance Package the ultimate men's hygiene bundle! Join over 7 million men worldwide who trust MANSCAPED with this exclusive offer for you…. 20% off and free worldwide shipping with the code: 2BULLS at manscaped.com.

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

China Shop Merch

Guest Directory

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENSON BYTE: What Does the Fed Rate Cut Mean for YOUR Wallet? Taylor Riggs of "The Big Money Show" Breaks It Down