TRADE CLOSE AND RESET
SPDR Energy ETF (XLE): 78.95

TRADE ACTION 1: Close the existing put spread for a credit of around 1.20
BTC the XLE 26 MAY 81 put
STC the XLE 16 JUN 81 put

TRADE ACTION 2: Close the existing call spread for a credit of around 0.15 
BTC the XLE 26 MAY 83 call
STC the XLE 16 JUN 83 call

TRADE ACTION 3: Open a new diagonal for a debit of around 1.47 – 1.50
STO the XLE 16 JUN 79 call
BTO the XLE 18 AUG 80 call

Master Portfolio is trading 7 contracts