November 6, 2026

Mike Shorr’s 30-Cent Calendar Spread on LUV

Mike Shorr stopped by Business First AM with a trade on Southwest Airlines (LUV), a stock he’s bullish on once it clears 44.77. He walks through a 47 call calendar that costs about 30 cents.

Mike Covered:

  • The level LUV needs to clear
  • Why a grinding stock suits a calendar
  • What the trade costs
  • The reward to risk he modeled
  • How he’d play LUV without options

He means it as a compliment.

His AI day trading system for options focuses on just 5 to 7 stocks.

And it takes less than 30 minutes a day.

That’s it. No 40-name watchlist. No staring at charts until 4 o’clock.

The AI does the heavy lifting of finding the setups.

Mike, a longtime Chicago options floor trader, built the rules around it.

Even beginners are using it.

Want in? There’s a short application to see if you qualify for Mike’s Option Trading Program.

It takes about 60 seconds. Less time than it took you to read this.

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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