Hey there! You don't have a Verbose option but you can see what's happening in the background by reading the logs. To do this, you have to set the log file to store the data and then read it. Follow this steps:
Initialize the data directory and start the peer node:
geth --datadir ./myDataDir init ./myGenesis.json
geth --datadir ./myDataDir --networkid 1114 console 2>> myEth.log
Note that while starting the peer node, we are sending the logs to the myEth.log file.
Now, to read the log, open a new terminal, switch to the directory where myEth.log file is stored and run the following command:
tail -f myEth.log
This will display the logs. Whenever you run a geth command or make a transaction, this window will dynamically get update.