As soon as the 331 day window opened, I booked two skysaver award tickets on the following itinerary:

Outgoing:
March 17 MCO-ATL-EWR-FCO

Returning:
MXP-CDG-ATL

I am waitlisted for the final leg, i.e. ATL-MCO (or TPA). I guess if nothing comes available which I have to assume is unlikey, I will just buy a couple of one way tickets.