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Portfolio #3: ALERT We are placing a Good til canceled BUY STOP order on the JCP March 7 Call to close.

We are initiating a BUY STOP on the JCP March 7 Call at a $1.00 DEBIT

If the BUY STOP PRICE is triggered we will be stopped out of the JCP March 7 Call and then sell the JCP March 8 call to close at the Market.
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However, if the JCP March 7 Call BUY STOP PRICE is not triggered we will continue to hold the position.

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We currently have NO other OPEN BUY STOPS on our current issues: