House Speaker Nancy Pelosi (D-CA) revealed from her ivory tower last week that her investor husband, Paul Pelosi, is now profiting from various securities.
For starters, Pelosi bought Amazon calls on May 21 to close it at $ 3,259.05. Continue forward six weeks and good news for Amazon after the Pentagon pulled out the rag from Microsoft’s $ 10 billion JEDI cloud computing deal (opening the door for Bezos), and the sales look nice.
That’s not all;
Paul Pelosi on May 21 spent until $ 250,000 on 50 Apple calls with a strike price of $ 100 and will end on June 17, 2022. He also bought 20 calls on Amazon, worth up to $ 1 million, with a strike price of $ 3,000 and also ending June 17, 2022.
On June 18, Paul Pelosi, used his option to call Alphabet which gave him the right to buy 4,000 shares at a price of $ 1,200 each, or $ 4.8 million. Alphabet call options were originally purchased on Feb. 27, 2020.
Agreed to fox business, “The speaker had no involvement or prior knowledge of these transactions,” adding “The speaker does not own any stock.”
– congressman (@congresstrading) July 6, 2021
Pelosis has even one sad defender of the former Rep. Jill Long Thompson (D-IN), who insisted that even if Paul were married to the House Speaker, she could not have “any information that others did not want,” adding “Members of Congress clarified what their positions are. on these issues and the fact that they are working on a piece of legislation that will be public information. ”- READ MORE
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