Liking her some LEAPS.
From Seeking Alpha, January 21:
Related:A new congressional trading form filed by Congresswoman Nancy Pelosi disclosed that she increased her holdings in Alphabet (NASDAQ:GOOG) (GOOGL), Amazon (NASDAQ:AMZN) and several other technology companies at the end of last year and the start of this year.
According to the form, the Congresswoman representing the 11th district in California purchased 50 call options with a $150 strike and an expiration date of Jan. 16, 2026 on Alphabet, with the position worth between $250,001 and $500,000. The trade was made on Jan. 14, 2025.
She also purchased 50 call options with a $150 strike and an expiration date of Jan. 16, 2026 on Amazon, with the position worth between $250,001 and $500,000. This trade was also made on Jan. 14, 2025.
Conversely, she sold 31,600 shares of Apple (NASDAQ:AAPL) on Dec. 31, 2024, with the sale worth between $5M and $25M.
Pelosi also tweaked her holdings in Nvidia (NASDAQ:NVDA), selling 10,000 shares on Dec. 31, with the sale worth between $1M and $5M. However, she also exercised 500 call options on Dec. 20, 2024, which were purchased on Nov. 22, 2023, at a strike price of $12 and had an expiration date of Dec. 20, 2024. Pelosi also purchased between $250,000 and $500,000 of Nvidia shares on Jan. 14.
The 84-year-old Congresswoman also purchased stakes in cybersecurity company Palo Alto Networks (PANW) (worth between $1M and $5M), artificial intelligence health company Tempus AI (TEM) (worth between $50,001 and $100,000) and Vistra (VST) (worth between $500,000 and $1M), with the dates varying.
The trades filed by Pelosi were the first since July 2024, when she disclosed she had added to her stake in Nvidia and sold some shares in Microsoft (MSFT).
Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion....
Nancy Pelosi's Trading, Part II
