19/03 XLE Double Diagonal

Hit adjustment point on XLE Today. Gapped up at the opening, my contingent orders are always scheduled to trigger at 7:00 and so it did. It automatically cut the deltas down and I added the PUT diagonal later on the day (around 11:00 PST).

Probabilities of Success:
70% probability of adjustment free Tomorrow
43.8% implied probability of expiring profitable
65% historical probability of being profitable Friday before expiration

Contingent orders:
XLE at or above 46.25:
1) Buy 2x 44/48 CALL verticals
XLE at or bellow 40.35:
1) Buy 2x 41/38 PUT verticals