From Side Control Sean Bollinger has come up with a choke that he calls the "Bollinger Necktie". There are a few things that you have to do in order to get the choke.
The first thing is to trap your opponent's arm across their body. This can be a hard thing to do against someone that is good but he Sean demonstrates one way to do it.
Once you have the arm trapped you cinche up your arms and then step over your opponent's head.
Next you step your other leg over your opponent's midsection and you are in position to finish the choke.