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The streamer cam is not currently available for Playstation players
For Recording and streaming on Playstation check out PSVR Tips: How To Share Clips of PlayStation VR Gameplay
Enabling the stream cam
You can enabled the streamer cam through your watch menu;
Settings -> Advanced, Set streamer cam to "on", Then you can go into the stream mixer.
Handheld Cam- The handheld cam is a camera that can be positioned manually by the player.
Follow - The follow settings will position the streamer cam behind the players head and will smoothly track any movements.
Face cam - The face cam is a reversed follow cam and will track the players head movement from in front of the player.
Teleport only - The teleport only view will track and follow only the player's teleport movements
POV - The POV (Point of View) setting will align the stream cam view with the player's VR view
Frame rate - The Frame rate setting will change the displayed frame for the stream cam, it can be set to 15, 30, 45, 60, 90
Field of View - The field of view of the streamer cam will affect vertical and horizontal vision of the camera, it cam be set to 20°, 50°, Default, 90°, 120°
Hear from - The hear from setting will adjust where the audio listener is positioned, setting it to Player will hear from the position of the player,setting it to Stream Cam will hear from the position of the camera
Green screen - The green screen setting will add a green screen in 3D space at the set distance from the player, this can be set to 2m, 5m, 10m, 100 or Off
The streamer cam does not have any recording capabilities on its own. The streamer cam just sends the different views to your screen / display. You then need to run an external recording program like OBS, NVIDIA Shadowplay, FRAPS, etc. in order to record / stream the output.