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Portfolio #3: ALERT We are placing a Good til canceled BUY STOP order on the MBI January 12 call to close.

We are placing a BUY STOP on the MBI January 12 call at a $0.35 DEBIT

If the BUY STOP PRICE is triggered we will be stopped out of the MBI January 12 call and then sell out our MBI January 13 call at the Market.

However, if the MBI January 12 Call BUY STOP PRICE is not triggered we will continue to hold the position.