Silver: Defensive Roll -$63

This roll provided   $27 of theta premium on top of the initial  $53.   -$63 loss will be repaired by delta when price will go up.

Exec Time Spread Side Qty Pos Effect Symbol Exp Strike Type Price Net Price Order Type
5/9/2017 15:40 VERTICAL SELL -1 TO OPEN SLV 20-Oct-17 16.5 PUT 1.56 1.45 LMT
BUY 1 TO OPEN SLV 20-Oct-17 12.5 PUT 0.11 CREDIT
5/9/2017 15:38 VERTICAL BUY 1 TO CLOSE SLV 21-Jul-17 16.5 PUT 1.35 1.13 LMT
SELL -1 TO CLOSE SLV 21-Jul-17 14.5 PUT 0.22 DEBIT

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