Nancy Pelosi, the 52nd Speaker of the U.S. House of Representatives, bought $5 million worth of NVIDIA (NVDA) call options. Many investors keep a close eye on Pelosi’s trading due to her previous trading successes. In addition, her husband, Paul Pelosi, is a venture capitalist who also has a history with Nvidia (NASDAQ:NVDA) shares.
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With Nvidia shares up over 227% this year, Nancy Pelosi is back in on the stock, buying 50 call options with a strike price of $120. The expiration date for the call options is December 20, 2024.
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