As per IBM guide,
If the journal receiver was attached while RCVSIZOPT(*MAXOPT1 or *MAXOPT2) was in effect for the journal, the system attempts to perform a CHGJRN command to reset the sequence number when the journal receiver's sequence number exceeds 9,900,000,000.
If the journal receiver was attached while RCVSIZOPT(*MAXOPT3) was in effect for the journal, the system attempts to perform a CHGJRN command to reset the sequence number when the journal receiver's sequence number exceeds 18,446,644,000,000,000,000.
For all other journal receivers, the system attempts this CHGJRN when the sequence number exceeds 2,147,000,000.
Additionally, during an initial program load (IPL) or the vary on of an independent ASP, the system performs a CHGJRN command to create and attach a new journal receiver and to reset the journal sequence number of journals that are not needed for commitment control recovery for that IPL or vary on, unless the RCVSIZOPT is *MAXOPT3. The sequence number will not be reset and a new journal receiver will not be attached if the RCVSIZOPT is *MAXOPT3 unless the sequence number exceeds the sequence number threshold which is 18,446,600,000,000,000,000.
Hence based on this I think you will have to specify the Receiver size Options: *MAXOPT3.