03/22 GLD Calendar

GLD is around 94, so far nothing needs to be done.

95% Probability of staying in the trade Tomorrow

Stops:
Close if GLD at or above 97.50 or at or bellow 86

Note: I use contingent orders for stop, only difference is that I set them to trigger at the end of the day 12:30 PST

Bellow is the profile

03/22 OIH Condor - Daily Update

I'm considering re-opening the CALL spread on OIH. The trade as stands has no up-side risk, yet the profit potential is very small. I'll evaluate the possibilities Tomorrow morning with fresh market data to look at.

Probabilities of success:
1) 99.99% of being adjustment free Tomorrow
2) 74% probability of expiring profitable
3) 925 historical probability of staying between b/e strikes by Friday before expiration

Contingent Orders:
Close 1x PUT spread if OIH at or bellow 63.29

03/22 XLE Double Diagonal - Daily Update

Not much to report, price right at the center of risk profile. Just looking out at adjustment levels

Probabilities of Success:
1) 97% of being adjustment free Tomorrow
2) 47% probability of expiring profitable
3) 69% historical prob. of staying between B/E by Friday before expiration

Contingent Orders
1) Buy 2x 41/38 PUT vertical if XLE at or bellow 40.30
2) Buy 2x 44/48 CALL vertical if XLE at or above 46.70

03/22 RUT Condor - Daily Update

RUT eased off from the 420's area. Got really close to my stop loss. The probabilities of success are better now. No change planned, only contingent orders for stops

Probabilities of Success:
1) 94% it will be adjustment-free
2) 75% implied probability of expiring profitable
3) 97% historical probability of staying between B/E untill Friday before expiration week

Contingent orders:
1) Take profit for CALL and PUT spreads @.10c (GTC order)
2) Stop if at or above 422 or at or bellow 295 (Day Order)
Here are the profile, dashboard and historical probability charts