-v (verbose error reporting)
-vvv equals -v 2 (full verbosity)
--vout or -V, not -vout (video out)
Do a 'vlc--longhelp --advanced | more', and you'll be be presented with all the 3500+ lines of gory details.
Press space to advance a screenful at a time, q to quit the pager (more).
Do a 'vlc--longhelp --advanced > ~/vlchelp.txt' to save all this to a text file for perusal on days with nothing better to do.
You can also do a 'vlc -l' to see what modules your VLC binary is compiled with,
as well as a 'vlc --advanced -p <module>' to get help on a specific module.
Take a look at the following page for learning how to set up --sout (stream output) chains:
http://www.videolan.org/doc/streaming-h ... /ch03.html
Best of luck!