3 ms·

Nancy Pelosi will net $130K on Facebook call options expiring this week [pdf]

• bb2018 7y ago
  I don't get this. I do not think she is being corrupt in any way by why invest/trade on such a high-profile stock (or allow your investment team to trade on such a high-profile stock) when you are arguably the most powerful Democrat in the country? She (and her team) must know that it would create a headline at some point so why not just invest in index funds or general tech index funds?
  • tempsy 7y ago
    Her husband is a prolific investor so I assume this is all directed by him. Either way I agree, which is why I posted this since it’s a pretty bold move for someone so high profile, especially on the progressive side
    • ve55 7y ago
      The $FB call buy looks to have done very well, I was more surprised at how much they had put into the $AMZN ones, though.
      • tempsy 7y ago
        Yeah those will be losses...If it closes at $1900 then will have $900k in gains from exercising but it looks like it cost at least $1M
• throw03172019 7y ago
  At least it is being reported instead of her using mules!