Paul Pelosi bets up to $6M on Big Tech before powerful House committee passes sweeping antitrust measures… Nancy Pelosi’s performance with stocks and options beat SPY and DOW

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Paul Pelosi bets up to $6M on Big Tech before powerful House committee passes sweeping antitrust measures

House Speaker Nancy Pelosi’s husband placed a bet of up to $6 million on Apple, Amazon and Google-parent company Alphabet ahead of a powerful House committee moving forward with bills aimed at reining in the powers of Big Tech.

Paul Pelosi on May 21 spent up to $250,000 on 50 Apple calls that have a strike price of $100 and that expire on June 17, 2022. He also bought 20 Amazon calls, costing up to $1 million, that have a strike price of $3,000 and that also expire on June 17, 2022.

Ticker Security Last Change Change %
AAPL APPLE, INC. 142.02 +2.06 +1.47%
AMZN AMAZON.COM, INC. 3,675.74 +164.76 +4.69%
GOOGL ALPHABET, INC. 2,523.80 +18.65 +0.74%

On June 18, Paul Pelosi, exercised his Alphabet call options giving him the right to buy 4,000 shares at a price of $1,200 apiece, or $4.8 million. The Alphabet call options were originally purchased on Feb. 27, 2020.

The transactions were disclosed in a filing on Friday, July 2.

 

Nancy Pelosi’s performance with stocks and options beat SPY and DOW

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After Pelosi’s incredible options trades in $NVDA, $AAPL and $AMZN, I thought it best to look at her returns one year ago to today.

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Here I discuss her trades.

So far, Pelosi’s family has done very well trading over the last year.

Her one year returns for her stocks is 45.59%, and her option returns are 66.7%.

This is pretty incredible, for an average return of her stocks and options is 56.15%. The S&P, with its raucous best performing year, is only up 36% from last June.

Most of Pelosi’s gains are quite interesting, given the timing of her plays. For example, she was able to get into TSLA, DIS around stimulus news, NVDA before American Semiconductor funding was announced, among a long list of interesting pick

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