November 3, 2026

Mike Shorr’s Big 3: LUV, SNPS and BBY

Mike Shorr joined Schwab Network’s Trading 360 for another Big Three, covering Southwest Airlines (LUV), Synopsys (SNPS), and Best Buy (BBY). He breaks down a call calendar and two broken wing butterflies, and explains why he’s in wait and see mode on the broader market.

Mike Covered:

  • Why LUV caught his eye while the market sits still
  • The entry level and cost of his LUV calendar
  • The inside bar setup he’s waiting on in SNPS
  • Why he’s rooting for BBY despite not being a fan
  • The reward to risk on his BBY butterfly

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.

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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