#silver $SLV take $150 profit & roll

Recently I posted   10% #income #trade for elderly where a combination of #silver covered call and credit put spread was used to achieve the income target without  a risk of  margin call. For my own account I use a calendar version of credit put spread which requires less capital but comes with an assignment risk.

Exec Time	Spread	Side	Qty	Pos Effect	Symbol	Exp	Strike	Type	Price	Net Price	Order Type
5/17/2018 12:52	SINGLE	BUY	7	TO OPEN	SLV	28-Sep-18	13	PUT	0.04	0.04	LMT
5/17/2018 13:03	SINGLE	BUY	1	TO OPEN	SLV	17-Jan-20	10	PUT	0.03	0.03	LMT
5/17/2018 12:10	SINGLE	SELL	-1	TO OPEN	SLV	17-Jan-20	17	PUT	2.12	2.12	LMT
5/17/2018 12:06	SINGLE	BUY	1	TO CLOSE	SLV	29-Jun-18	17	PUT	1.52	1.52	LMT
5/17/2018 13:04	SINGLE	BUY	6	TO OPEN	SLV	29-Mar-19	10	PUT	0.02	0.02	LMT
5/17/2018 12:11	SINGLE	SELL	-6	TO OPEN	SLV	29-Mar-19	16	PUT	1.15	1.15	LMT
5/17/2018 12:05	SINGLE	BUY	6	TO CLOSE	SLV	29-Jun-18	16	PUT	0.64	0.64	LMT

This trade marks a full recovery from a horrible loss by #SP500 #daytrading #algo :

#SP500 $ES_F #daytrading #algotrading : -29.5 points