NVDA slingshot stock (-65 loss)

1/16/08
bot+100 shares of NVDA @24.11
bot+1 FEB 22.50 PUT @1.40
sold -2 FEB vertical 25/27.5 @.85
debits 25.51
credits 1.70
total debit = 23.81
will not let my long put expire worthless will roll up or roll down to capture value, to the downside this should leave me flat as well as reduce my cost basis, to the upside b/f FEB expiration my P/L is gradually upward.

2/13/08
btc -1 FEB 25/27.50 vertical for 1.35
original credit of .85
loss of -0.50 for 1 contract
2/14/08 stc -1 FEB 22.50 long PUT @.22, original debit 1.40
loss for long PUT = 1.18
Expiration Fri 2/15
FEB 25/27.5 Call vertical expired worthless
1 contract +.85 credit
FEB inventories result in -0.83 loss

MAR inventories
(2/13/08)sold -1 vertical MAR 27.5/30 @0.92 credit
(2/15/08) btc +1 vertical MAR 27.5/30 @.18
gain for 1 CALL vertical + .74

(2/13/08)bot +1 MAR 25 PUT @1.53 (mark 26.66)
(2/15/08)rolled the MAR 25 PUT down to lock the gain
STC MAR 25 PUT for 3.60 -- original basis 1.53
gain for Long PUT +2.07
(2/15) BTO 1 MAR 22.5 PUT for 1.95
3/07/08 STC 1 MAR 22.5 PUT for 2.55
gain for Long PUT + .60

(2/15) STO 2 MAR 25/27.50 CALL verticals @ .42
(3/03/08) BTC 2 MAR 25/27.5 CALL verticals for .06
gain for (2) CALL verticals is .36 (2) = .72

MAR inventories result in a +4.13 gain

APR inventories
3/07/08 BTO +1 APR 20 long PUT @ 1.50
4/10/08 STC -1 APR 20 long PUT @ 0.87 (mark 19.69)
lloss -0.63

3/26/08 STO -2 vertical 22.5/25 CALL @.19 (mark 19.72)
4/15/08 BTC +2 vertical 22.5/25 CALL @.01 (mark 17.70)
net gain = +.18 (2) contracts = + .36

total APR = -0.27 loss
cummulative total +3.03

MAY inventories (earnings ~5/14)
4/10/08 BTO +1 MAY 20 PUT @1.75 (mark 19.69)
5/2 STC @.27 (mark 21.98)
loss -1.48

4/10/08 STO -1 MAY 22.5/25 CALL @0.40
Add another vertical if NVDA rallies up to 21.
Apr. expiration stock taken at 22.50 + .40 credit
bot stock at 24.11 sold at 22.5 =
4/15/08 BTO +2 MAY/JUN 17.50 PUT calendar @.48 debit (mark 17.70)
earnings vol play, IV's are relatively low and we are at a base DB support.
4/21/08 STC -1 MAY/JUN 17.50 PUT calendar @.40 credit (mark 19.94)
1 contract = -.08 loss
sold -1 @.27 = loss - .21
JUN inventories
5/2/08 bot +1 JUN08 20 PUT @.85 (mark 22.00)
5/22 sold -1 @.15

Total trade closed out for a $65 loss.
loss-.70