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Nancy Pelosi's husband lost nearly a million dollars trading options.

Nancy Pelosi's husband lost nearly a million dollars trading options.

TraderKnowsTraderKnows
05-08
Summary：According to Reuters, a filing revealed that the husband of U.S. House Speaker Nancy Pelosi lost nearly one million dollars in bullish options trades in Micron Technology (NASDAQ: MU) and NVIDIA Corporation (NASDAQ: NVDA).

According to Reuters, a filing reveals that Nancy Pelosi's husband lost nearly $1 million in call option trades on Micron Technology (NASDAQ: MU) and NVIDIA Corporation (NASDAQ: NVDA).

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

Moreover, the transaction report also shows that Paul Pelosi exercised 200 call options in Alphabet (NASDAQ: GOOGL) on September 16, purchasing shares for $2 million, while also sustaining a loss of $132,824 from the expiration of call options in Walt Disney (NYSE: DIS).

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Wiki

Call Option

A call option is a type of financial derivative that grants the holder (buyer) the right, but not the obligation, to purchase the underlying asset (usually stocks, commodities, indices, etc.) at a specified price (strike price) at a specific future date.

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