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Pelosi Husband Purchased Alphabet Call Options

Published 10/17/2022, 03:35 PM
Updated 10/17/2022, 03:37 PM
© Reuters Pelosi Husband Purchased Alphabet (GOOGL) Call Options

By Sam Boughedda

A filing revealed that U.S. House Speaker Nancy Pelosi's husband sold call options in Micron Technology (NASDAQ:MU) and NVIDIA Corporation (NASDAQ:NVDA) for a loss of under $1 million, Reuters reported Monday.

Pelosi disclosed that her husband, Paul Pelosi lost $392,575 from the sale of Micron call options purchased in December 2021 and lost $361,476 from the sale of Nvidia call options bought in July 2021.

In addition, the transaction report also showed that on September 16, Paul Pelosi exercised 200 call options to purchase shares of Alphabet (NASDAQ:GOOGL) in a deal worth $2 million while letting call options in Walt Disney (NYSE:DIS) expire for a $132,824 loss.

A vote on legislation forbidding members of Congress and other government officials from trading stocks has not yet been allowed. The legislation was set to be introduced due to allegations that lawmakers are taking advantage of their positions to make gains.

Latest comments

That’s a lot of losses for inside information must not be good information or whatever
He bought 1M$ @ 175ps. He is fine.
Those Pelosi criminals should be in jail for insider trading. It is unbelievable that it is allowed to trade for him. (:
you do know this is a fake story, correct?
Such an honorable family they are..
such an honorable fake story, also
Mmmmmm ! Capitalism works?
Why do morons think that only Dems have stock trading accounts?
She stands up for millions flooding into our Country and exhausting our resources.  She is for the right of one human being to terminate another human being's life when that human being is in the womb nine months.  She has no problem with people defecating and urinating on the City streets living on the sidewalks in tarps because they have no where else to go.  She champions for a fully grown man to say he is a women and dominate women's sports.  She is for equity, giving the less fortunate something that the fortunate have because of the color of their skin.  She backs wars against the bad guys and wants to print Trillions more dollars to send overseas to fight the bad guys.  She supported no National Guard at the Congress leading up to the January 6th protests and who cares if it got out of control because Nancy did not like the optics of the Military in front of the House of the Gods.
Did they also report on the millions they've made from trading as well?
Leave them alone.  They will both expire in the next couple of years along with Biden.  They are living beyond their expiration period.
Repigs won't let that happen
Its ok, they already made the 200 million from that insider trading racket that drunk Nancy perfected.
call repigs Lying Ted f6 real Truth
call Kushner for real profit
He's an alcoholic like Nancy. These 2 con people will eventually go broke
Trump is going broke AND to prison sooner than these 2
We gonna give the power to forgive his self. Sorry
they must also be restricted from playing derivatives, certainly in any company influenced by their actions.
She probably only reported it to make his losses to offset his windfall gains and hope for no legislation to stop his insider trading. Despicable!
the fact that his financial advisor sold options in a legal way, what is your point?
I predict the hammer 🛠 guy will come back to visit
Hello
Duh... and why are they not allowing the legislation to move forward? Because they don't want to face it. Vote against it and you're admitting you're a sleezy politician. Voir for it and you're gravy train disappears. Lose- lose. They're ALL criminals
wonderful! it's a small club and we ain't in it
Yes George 💯. To hammer it home, even raw steel couldn't stop his greed (pun intended).
What about all those profitable millions not reported to the publi
....and the 10s and 100s of millions some politicians accumulate after a few years of being an elected official that is paid a 6 figure salary and can't even be explained by stock trading.
Either criminal or stupid! How could you have lost on NVDA?
not covered. the article said he bought calls options. the trade was down because this was written in October 2022 when nivda was at a low
she'll have the US taxpayer make up for her losses, as she robs the country blind
c u next Tuesday
pleased with his/ her loses!
Those criminals need to be locked up
lock um up
something fishy I know
does anyone really trust the Pelosi family look what she has done to our economy and what's the real story on her husband questions must be answered
if he"s losing this much with insider trading... lol
bang on target 🎯
she made sure to give exact amounts of losses, but over $2mm on Google. Google gains vastly surpassed the 3 options trades.
Paul really hammered that one, Paul is an expert on Hammer Time
lmfao
these are the only losses he has ever had. Alot of attention has been brought towards him in recent years.
C'mon, folks, you didn't really think people would spend tens of millions of dollars to win a job that only pays a couple of hundred grand, did you?
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