Tom Sosnoff and Tony Battista returned to tastylive to discuss market strategies, trading in low volatility environments, and the challenges of making substantial returns during such times. They took calls from listeners, addressing questions about risk management, optimal closing points for options, and the importance of maintaining positive theta in trades. They provided insights into trading bonds and equity positions, emphasizing adaptability and the cyclical nature of the market. Key strategies included selling premium and seeking two-sided market actions.