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 DEBIT of $0.75.
If the BUY STOP PRICE is triggered we will be stopped out of the MBI January 12 call and then sell the MBI January 13 call to close at the Market.
However, if the MBI January 12 BUY STOP PRICE is not triggered we will continue to hold the the position and the STOP will remain on our OPEN BUY STOP TO CLOSE list as noted below unless the issue comes off watch list .
Current open Buy Stop Orders (below).
Buy to close WPRT January 19 Call BUY STOP to CLOSE at $1.20.