Paul Pelosi also paid between $350,002 and $750,000 for Netflix (NFLX) call options. He paid between $250,001 and $500,000 on July 5 for 20 call options contracts to buy shares of the streaming giant at $250 each; they expire June 19, 2020. On July 22, Paul Pelosi paid between $100,001 and $250,000 for 30 more call options with the same terms. The strike price is 16.4% below the current market price of Netflix stock.
Here’s the chart for when he placed his NFLX.
Paul Pelosi paid between $500,001 and $1 million on July 22 for 20 call option contracts to purchase Amazon stock (ticker: AMZN). Specific values aren’t required for disclosure, only ranges. The options—each option contract is typically for 100 shares each—expire Jan. 17, 2020, and allow him to purchase the retailing giant’s stock for $1,700 each, 3.5% below Wednesday’s closing price of Amazon stock.
This fella is likely straight-up diamond hands, steel balls, bag-holding 1M-2M worth of -90% AMZN and NFLX call options.
Happy trading lads.
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