I remember something about the Epic needing to be prioritized based on WSJF, but I can't recall if that happens before or after it moves to the backlog.
Option C is the way to go. The Epic should remain in the analyzing step until the Agile Release Trains have the capacity to implement it. Can't just jump the gun here!
Option B seems the most logical next step. Moving the Epic to the Portfolio Backlog once it receives a 'go' decision from Lean Portfolio Management makes the most sense.
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