The Team at theOptionsEdge.Com is working on adding to our educational product offerings through the use of video.
This is something we have wanted to do and have been working on for a long time. Why has it taken so long, might you ask? Video is a bifurcated game. Producing video content is either easy, or it is very hard. On the one hand, anyone can use their phone or digital video recorder to make a video and share it with the world on youtube. It is cheap and relatively easy. Given a week or two, any serious hobbyist can post a video. Tens of thousands of people do this with varying degrees of success. On the downside, the quality of these videos is not TV quality, particularly if one does live streaming videos.
Getting to the next level is a serious commitment. The monetary commitment to getting to a studio-quality product is serious. In our case, we need multiple “studios” because we all work remotely. There is special equipment one must use to stream video without losing image fidelity. We need an additional computer, network capability, and specialized software to blend multiple video feeds into a live performance.
Finally, we want to be able to display our graphics intuitively. This objective required the development of customized software applications. All this is a big lift.
All in all, we are happy to report that we are getting closer to where we want to be. However, we still have more work to do. We have done several trial runs of live streaming videos where Mike and I discuss important issues and take people’s questions. We intend this to be our primary format. But the technology hurdles are tough given the quality of the product (content, video, and sound quality) we aim to deliver.
Solo events are an order of magnitude easier to produce from a technological perspective. That being the case, our first productions have been single-host videos. Friday the November 19th episode of Options Action did not show the traditional graphics viewers are used to seeing. We thought it would be a good idea to provide some extra commentary using the graphics applications we have developed. It turned out to be a good test run. We liked it enough to post it up on youtube and we share that single host video below.
Storage is a huge issue for videos, particularly the high-definition videos we plan to produce. This takes massive storage. For this, we will use YouTube like everyone else. This is where we will be posting all our videos. We encourage everyone to join our YouTube channel we call “Open Interest.” You can do so by clicking this link. Please subscribe to the channel and “like” our videos.
