Nancy Pelosi scoops up call options for Google, Disney, Roblox stocks

  • 📰 nypost
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Nancy Pelosi and her husband, Paul Pelosi, recently bought millions of dollars worth of call options for stocks including Google, Salesforce, Roblox and Disney.

should be allowed to trade individual stocks despite often being privy to insider information that can move markets.

“We’re a free-market economy,” Pelosi told reporters, adding that members of Congress “should be able to participate in that.” The Pelosi family’s trades this month include Google and Salesforce call options worth between $500,000 and $1 million each, as well as Roblox call options valued at between $100,000 and $250,000.

Paul Pelosi runs Financial Leasing Services, a real estate and venture capital investment and consulting firm. In recent years he’s made big-money bets on companies his wife is supposed to regulate, including Amazon, Apple and Google.Pavlo Gonchar / SOPA Images/Sipa December’s calls — which are set to expire in late 2022 and early 2023 — show that the Pelosis believe tech stocks are going to continue their current bull run in the new year, according to Thomas Hayes of Great Hill Capital.

“They’re trying to ride the momentum,” Hayes told The Post. “The Pelosis live in San Francisco — they’re around a lot of hype so I’d see how they’re caught up in the euphoria.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

volmeeeezy6

That should be proof that the end is near.

Leadership

60 minutes where are you when Visa story broke and what has changed?

Disgusting

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hollywood Stocks in 2021: Netflix Extends Gains, Disney and Discovery DropWhile the broader stock market is on track to end the year significantly higher, just like it did in 2020, the media and entertainment sector looks to wrap it with a mix of big winners and losers Lions Gate did well. All are desperate for content.
Source: THR - 🏆 411. / 53 Read more »