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TheStreet.com is misunderstanding how options work? Okay. Let me explain it for you. A government contract takes a while to secure. A year long process wouldn't
by disgrunt 5y ago
TheStreet.com is misunderstanding how options work? Okay. Let me explain it for you. A government contract takes a while to secure. A year long process wouldn't be out of the ordinary. So Pelosi's husband buys a $10M option early in the process and keeps tabs. As the contract goes public, he executes his options with an already profitable strike price, making approximately $1.1M in the process.