Mike Shorr stopped by Business First AM with Best Buy (BBY), a Black Friday stock he’s shopping for early. He’s waiting on a pullback to 94.58, then using a broken wing call butterfly that costs about 50 cents and targets 104, for a 5 to 1 reward to risk.
Mike Covered:
- The pullback level he wants in BBY
- What the butterfly costs and where it pays
- The 5 to 1 reward to risk
- How he’d trade BBY without options
- What he’s doing before earnings
What if Trading Options Took Less Than
an Hour a Day?
Mike Shorr does it that way.
Mike spent 20-plus years as a floor trader.
These days he narrows the whole market down to 5 to 7 stocks… and trades options on those.
That’s his entire list. He put it on a cheat sheet.
It normally costs 19 bucks. Right now it’s free.
You get his options stock watchlist and his fast-track method for spotting high-potential setups.
You’ll also see how to follow his exact setups in a live trading room.
Fewer names. Less time. A clear plan.
Grab it while it’s free.
