Nancy Pelosi's Nvidia Payday: Cashed In Big, But Missed Out By Selling Early
Portfolio Pulse from Chris Katje
Nancy Pelosi and her husband made significant profits from Nvidia call options but missed out on larger gains by selling shares early. They purchased 50 call options in Nvidia in November 2023, which have now increased in value by $2,755,500. However, they previously sold 25,000 Nvidia shares in July 2022, missing out on potential profits of $21,309,750. The Unusual Whales Subversive Democratic Trading ETF (NANC) tracks the stock trading activity of Democrats in Congress, including Pelosi.
May 23, 2024 | 3:25 pm
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POSITIVE IMPACT
Nvidia shares have reached an all-time high of $1,017.44, up 7% on Thursday. Pelosi's recent call options in Nvidia have significantly increased in value, adding $2,755,500 to their wealth.
Nvidia's stock price has surged, reaching an all-time high, which directly impacts the value of Pelosi's call options. This positive performance is likely to continue in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
The Unusual Whales Subversive Democratic Trading ETF (NANC) tracks the stock trading activity of Democrats in Congress, including Pelosi. Increased scrutiny on Pelosi's trades may impact the ETF's performance.
While the ETF tracks the trading activity of Democrats, the increased scrutiny on Pelosi's trades may have a neutral impact on the ETF's performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50