During the latest "Confirm and Send" session, Tom and Tony discussed trading strategies, emphasizing appropriate buying power allocations for a $20,000 account, recommending a maximum of 6% for strangles. They covered the dynamics of options trading, noting the importance of profit targets relative to contract sizes. When increasing position size, the recommendation was to maintain profit targets rather than reduce them. Additionally, they highlighted key account metrics to monitor, including Net Liquidating Value (Net Lick) and option buying power.