HomeBusinessHere's how much Nancy Pelosi's 500 call options are worth today

Here’s how much Nancy Pelosi’s 500 call options are worth today

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Nvidia company (NASDAQ:NVDA) shares hit an all-time high on Monday, continuing an impressive multi-year streak of going from a $1 trillion company to a company valued at more than $3 trillion.

Many Nvidia employees and investors have rejoiced in the stock gains over the past year, and one of the big winners is a member of Congress.

What happened: Former Speaker of the House of Representatives Nancy Pelosi and her husband, a venture capitalist Paul Pelosi are among the investors who added Nvidia stock and options to their investment portfolios in the past year.

Don’t miss:

As a congresswoman, Nancy Pelosi must make her and her husband’s transactions public. In a disclosure dated December 23, 2023, the former Speaker of the House of Representatives reported a purchase made before the Christmas holidays.

The purchase took place on November 22, 2023 for 50 call options in Nvidia, with a strike price of $120 and an expiration date of December 20, 2024.

The disclosure stated a purchase price range of $1 million to $5 million. Unusual Whales priced the purchase at $1.8 million.

Nvidia shares were trading between $476.90 and $503.35 on November 22, 2023, when the purchase was made. The call options are said to have been purchased for approximately $360 each.

Fast forward to today and the options have changed after Nvidia executed a 10-for-1 split in June 2024.

See also  Why Stocks Don't Care Who's President: Morning Brief

The options contracts owned by the Pelosis are now 500 call options with a strike price of $12 and an expiration date of December 20, 2024.

Trending: This billion-dollar fund has invested in the next big real estate boom, Here’s how you can participate for $10.
This is a paid advertisement. Please consider the Fundrise Flagship Fund’s investment objectives, risks, charges and expenses carefully before investing. You will find this and other information in the The prospectus of the fund. Read them carefully before investing.

On Monday, these $12 call options traded at $132.05, valuing the Pelosis’ position at $6,602,500. Based on the estimated cost base of $1.8 million, the Pelosis are now up $4.8 million from last November.

- Advertisement -
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments