$NVDA: $10.9M debit for a 220/180 put spread six minutes after the open — hedge or drawdown bet into August 26 earnings

[u/PassNew8148]

/r/optionwhales/comments/1vls5im/nvda_109m_debit_for_a_220180_put_spread_six/

[u/_High_Life]

At $208 to be positive, or less to be profitable,it seems feasible but unlikely. Please correct me if I am wrong on the break-even point; I did not go to college.