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

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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.

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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.

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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.

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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.

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