Tom Sosnoff, Anton Kulikov, and Tony Battista discussed strategies for navigating options trading during low implied volatility (IV). They analyzed expected moves for the E-mini S&P 500 (ES) and explored the probability of consecutive up days in various market conditions. They also compared risks of long strategies like shorting puts and covered calls versus going long stocks. Additionally, they touched on trading strategies for the Japanese Yen (JPY), focusing on short puts and long positions amid potential market interventions.