03/29 XLE Double Diagonal

Trading the Plan:
13/03: I've moved 4x CALL spreads from 44 to 48, closed the PUT diagonal and re-opened a PUT diagonal at 41/35
23/03: Moved 2x CALL spreads from 44 to 48 (down 12%)
25/03: Added 2x PUT diagonals at 41/35 and 2x CALL diagonals at 44/52

Now: my next course of action is to shut down if it hits the stop loss. No more messing around with the trade.


Probabilities:
With 14 trading days to go, there is 68% of historical probability XLE will expire between the break-even, TOS gives me 55.50% probability.


Volatility Cone & Dashboard:
The reason for most adjustments to the up-side was the fact XLE moved over 1 st. deviation, violating the cone and forcing adjustments.