© Reuters Pelosi Husband Purchased Alphabet (GOOGL) Call Options
By Sam Boughedda
A filing revealed that U.S. House Speaker Nancy Pelosi’s husband sold call options in Micron Technology (NASDAQ:) and NVIDIA Corporation (NASDAQ:) for a loss of under $1 million, Reuters reported Monday.
Pelosi disclosed that her husband, Paul Pelosi lost $392,575 from the sale of Micron call options purchased in December 2021 and lost $361,476 from the sale of Nvidia call options bought in July 2021.
In addition, the transaction report also showed that on September 16, Paul Pelosi exercised 200 call options to purchase shares of Alphabet (NASDAQ:) in a deal worth $2 million while letting call options in Walt Disney (NYSE:) expire for a $132,824 loss.
A vote on legislation forbidding members of Congress and other government officials from trading stocks has not yet been allowed. The legislation was set to be introduced due to allegations that lawmakers are taking advantage of their positions to make gains.
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