Portfolio #3: ALERT We are placing a Good til canceled BUY STOP order on the MU May 23 call to close.
We are placing a BUY STOP on the MU May 23 put at a $1.75 DEBIT
If the BUY STOP PRICE is triggered we will be stopped out of the MU May May 23 call and then sell
our MU May 25 Call at the Market.
However, if the MU MAY 23 Call BUY STOP PRICE is not triggered we will continue to hold the position.