Wednesday, January 24, 2024

"Nancy Pelosi Made $500,000 From Her Nvidia (NASDAQ: NVDA) Bet, Doubling Her Annual Government Salary In Just 2 Months"

The former Speaker of the House is a really good trader but does not compare with Hillary Clinton when it comes down to percentage gains.*

From Benzinga, Janary 24:

U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp., a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million​​.

As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual government salary of approximately $223,500. This gain is attributed to Nvidia’s stock performance, which has seen an increase of over 21% in value since Pelosi’s acquisition​​, according to Finbold.

Pelosi’s investment in Nvidia has drawn attention because of her track record of successful trades in Congress....

....MUCH MORE
*
The former First Lady, junior Senator from New York and Secretary of State famously ran $1000 to $100,000 in ten months of astounding cattle futures action:
"This is like buying ice skates one day and entering the Olympics a day later," 'says Mark Powers, editor of the Journal of Futures Markets. "She took some extraordinary risks."