Nick Battista and Mike Butler, hosts of Option Trading Concepts Live, discussed their recent trading activities and strategies, primarily focusing on the impact of earnings reports on stock performances. They highlighted significant movements in Google and Microsoft stocks post-earnings, with Google experiencing a notable market cap movement. The dialogue included strategies for adjusting positions in Google and Microsoft, utilizing options trading concepts like strangles, butterflies, and iron condors. They also reviewed the performance of other stocks such as Snapchat and mentioned upcoming earnings from Amazon and Apple. Throughout, they emphasized the importance of managing risk and being adaptable in response to stock movements and earnings outcomes. The conversation encapsulated their personal trading experiences while providing insights into tactical approaches for option trading around earnings events.