In today's session of Option Trading Concepts Live, Nick Battista and Mikey Butler discussed recent market movements, focusing on SPX (S&P 500 Index) and upcoming economic reports, including PPI and CPI. They shared trade ideas involving Microsoft (MSFT), Delta Air Lines (DAL), and Rocket Lab (RKLB), while examining strategies to manage risk in a low-volatility environment. The conversation also covered potential adjustments to options positions and the implications of interest rate changes on market behavior, along with a preview of upcoming earnings for Oracle and Adobe.