Nancy Pelosi Makes Trades In These 3 Tech Stocks: How She Booked $1.8M Profit On $110K

Zinger Key Points
  • Nancy Pelosi has been one of the best performing stock traders in Congress, with her husband placing large bets on tech names.
  • Members of the public and members of Congress have made calls to ban public officials from trading stocks and options.

Speaker of the House Nancy Pelosi and her husband Paul have made some big bets on technology stocks over the last year. Here’s the latest three trades made in the Pelosi portfolio.

What Happened: A new filing reported by CongressTrading on Thursday shows the Pelosis made three recent trades.

Apple Inc AAPL: Sold 50 call options at a strike price of $100 and expiration of June 17, 2022. The transaction took place on June 17, 2022 and is listed with a value of $100,000 to $250,000.

NVIDIA Inc NVDA: Exercised 200 calls (20,000 shares) at a strike price of $100 and expiration of June 17, 2022. The transaction took place on June 17, 2022 and is listed with a value of $1 million to $5 million.

Visa Inc V: Sold 10,000 shares on June 21. Transaction valued at $1 million to $5 million.

The three transactions are the latest in the Pelosis' tech-heavy portfolio.

The Visa shares were sold on June 21 when shares trading between a range of $193.73 and $196.73. It was reported several years ago on “60 Minutes” that the Pelosis participated in the Visa IPO, securing 5,000 shares at an IPO price of $44. Visa performed a 4-1 stock split in March 2015, taking the new cost basis on shares down to $11 each.

Based on the low price of $193.73 on June 21, the sale was worth $1,937,300. If the shares were from the IPO, they had a cost basis of $110,000, netting a profit of $1,827,300.

The Apple calls were purchased on May 21, 2021 for an unknown amount. At the time, shares of Apple were trading between $125.21 and $128.00. Apple traded in a range of $129.81 and $133.08 on the day the calls were sold, which should have resulted in a profitable trade.

NVIDIA shares traded between $165.83 and $172.59 when the options were purchased on June 3, 2021. Shares of NVIDIA traded between $153.28 and $159.95 on June 17, 2022 when exercised, which likely means the calls were exercised when they were worth less than the original purchase price.

Related Link: Exclusive: Unusual Whales Creates Nancy Pelosi ETF So You Can Track Her Trades 

Why It’s Important: Pelosi has been a poster child for the movement for legislation to ban members of Congress from trading while elected to public office. Pelosi’s husband Paul is a venture capitalist who has made some big bets on technology names over the last several years. 

The Visa IPO mentioned above led to a call for members of Congress to be barred from participating in IPOs, as it was reported the Pelosis received priority access over others.

Among the other big trades made by the Pelosis recently include Tesla Inc TSLA, Microsoft Corporation MSFT and Alphabet Inc GOOG GOOGL.

While there was a recent sale of the Apple options instead of exercising them, the Pelosi portfolio holds additional call options that don’t expire until June 16, 2023.

The recent trades by Pelosi follow an options strategy that was identified in an earlier Benzinga article.

  • Calls on big technology
  • In-the-money LEAPS: expiration one year or greater
  • Sell/Exercise: contracts are sold or exercised on the day of expiration

Photo via Shutterstock.

Posted In: CongressCongresstradingNancy PelosiPaul PelosiSpeaker of the HouseNewsOptionsPoliticsTop StoriesMarketsTrading IdeasGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.