Mike Shorr joined Schwab Network’s Trading 360 for another Big 3, breaking down broken wing butterflies on Cadence Design Systems (CDNS) and Cloudflare (NET), plus a call calendar on Walmart (WMT) after its earnings reaction.
Mike covers:
- The breakout level he’s waiting on before trading CDNS
- His broken wing butterfly strikes on CDNS and NET
- Why he thinks WMT’s earnings reaction was overdone
- The calendar spread strikes and reward-to-risk ratio he’s targeting on WMT



