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In this episode of the Market Mamas podcast, futures day trader & host Becky Gaskell welcomes Peter Solanikow. Based in Melbourne, Australia, and educated in business and finance with a stockbroker's specialization, Peter shares his diverse journey through the world of investing and entrepreneurship. Peter discusses his early struggles with minimal investment capital, the high-stress environment of options trading during the 2008 financial crisis, and his ultimate shift to running his own businesses. 

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Key Takeaways:

• Small Capital: Investing small amounts (e.g., $5k) in speculative shares led to frequent losses due to high risk.

• Options Win/Stress: A $15k investment in put options before the 2008 GFC yielded over $100k but caused extreme stress.

• Options vs. Shares: Unlike shares (which own a piece of a company), options have no intrinsic value and can expire worthless.

• Business Ownership: Peter prefers businesses (like exporting Australian souvenirs) where success depends entirely on him and provides stable income for investing.

• "Renting Shares": A more conservative strategy with $100k+ is to buy blue-chip shares and write call options against them for two income streams (dividends and premiums).

Episode Breakdown with Timestamps:

[00:00:00] - Peter's background: Education in business and finance with a stockbroker's specialization in Melbourne, Australia.

[00:03:48] - Initial Business: Started a tutoring agency business as his main source of income to fund his share market investments.

[00:10:16] - The Options Crucible: Realized the impending 2008 GFC and decided to trade put options for a falling market.

[00:15:44] - Defining Mindset: Accepted the risk that losing his $15,000 stake wouldn't destroy him, but a successful trade could change his life forever.

[00:17:12] - The Payoff: Made over $100,000 on the $15,000 option investment by September 2008.

[00:25:40] - Shift to Control: Ultimately shifted focus to owning and managing his own businesses (like exporting Australian products) because his success is entirely dependent on him.

[00:40:30] - Conservative Strategy (for $100k+): Recommended strategy of "Renting your shares"—buying blue-chip stock and writing call options for dual income (dividends and option premiums).

🔗 Follow Guest Peter Solanikow:

👉 Website: http://www.biznesscrew.com/

👉 Email: [email protected]

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