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Portfolio #3: ALERT We are placing a Good til canceled BUY STOP order on the CIEN April 22 put to close.

We are placing a BUY STOP on the CIEN April 22 put at a $1.15 DEBIT

If the BUY STOP PRICE is triggered we will be stopped out of the CIEN April 22 put and then sell our CLF April 21 put at the Market.

However, if the CIEN April 22 Call BUY STOP PRICE is not triggered we will continue to hold the position.