# @benzinga on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=E1nzsrVwFB8 - **Gondola URL:** https://gondola.cc/posts/69265940-benzinga-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/87b0c8cd76.jpg - **Posted:** 2026-08-13T04:38:58.000+00:00 - **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga ## Caption Tom Sosnoff is traveling this week, so Adam Mesh is joined by Tony Battista — "The Bat" — for a full hour on how to trade a market sitting at all-time highs with volatility near recent lows. Tony makes the case that this is the wrong tape for selling premium and walks through what he's doing instead: financing short-dated puts out of the theta he's already collecting, hedging with VIX futures against short VIX calls, and waiting on his go-to broken wing butterfly in SPX until the market gives him a two-or-three-day down move. He and Adam also build the trade live on screen, strike by strike. ━━━━━━━━━━━━━━━━━ The Drift with Adam Mesh & Tom Sosnoff — a weekly market conversation built for active investors and traders who want more than headlines. Each episode breaks down the biggest forces moving the markets — stocks, options, interest rates, politics, earnings, and global events — to help you make sense of what's happening right now. Tom and Adam combine decades of market experience, practical options strategies, real trading war stories, and candid talk about both wins and losses. At its core, The Drift is about staying adaptable, finding opportunity in uncertainty, and embracing the idea that markets — and life — are always moving forward. ━━━━━━━━━━━━━━━━━ ⏱️ IN THIS EPISODE 00:00 Tony Battista fills in for Tom Sosnoff 01:11 Lossdog, Grow Your Pile, and life after tastytrade 05:00 CPI day: why Tony is buying volatility, not selling it 06:17 Financing short-dated puts with the theta you collect 09:15 No idea flow: Robinhood (HOOD) is the one trade he likes 10:21 Tony's long book, and why he never sells it 12:27 What a $25K-$50K account should actually be doing 18:33 The wheel: take the stock, or roll the put? 23:25 The SPX broken wing butterfly, built live on screen 28:09 Turning $5,000 of risk into a free butterfly 33:04 Why he wouldn't put this trade on today 39:40 Apple, NVIDIA earnings, and the Fed 43:46 65% POP, managing winners, and staying small 50:08 Nick Battista, zero-DTE, and legacy ━━━━━━━━━━━━━━━━━ 👥 Hosts: Adam Mesh is a stock trader, entrepreneur, and trading coach who has spent decades teaching everyday investors how to navigate the markets. He began his career as a day trader in the 1990s as electronic trading was transforming Wall Street, and has been recognized by Fortune magazine for his trading and featured across major financial media. As founder and CEO of the Adam Mesh Trading Group, he's built a large community around accessible market education, discipline, and hands-on mentorship. 🐦 X (Twitter): @adammesh 📸 Instagram: @adammeshtrading Best known as "The Bat", Tony Battista started his career in options and futures trading as an independent Market Maker at the Chicago Board Options Exchange. He also worked as a local independent trader at the Chicago Board of Trade, where he traded the 30-year bond future. He also served on the CBOE arbitration committee for over 10 years, ruling on disputes between traders and trading firms, prior to joining thinkorswim. 🐦 X (Twitter): @Tony_BATtista 🔗growyourpile.com 🔗 https://lossdog.com/ ━━━━━━━━━━━━━━━━━ 📜 Marketing Disclosure: tastytrade, Inc. ("tastytrade") has entered into a Marketing Agreement with Adam Mesh Live ("Marketing Agent") whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade's brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #Benzinga #TheDrift #TomSosnoff #AdamMesh #TastyTrade ## Stats - **Views:** 580 - **Likes:** 30 - **Shares:** 0 - **Comments:** 0 ## Tags benzinga, thedrift, tomsosnoff, tastytrade, adammesh --- Copyright (c) Gondola