Nancy Pelosi and her husband, Paul Pelosi, could earn over $1 million from a bullish bet on a Bay Area tech company through call options. Their success in the stock market is well-known, and this particular investment in Nvidia could result in a substantial profit.
Key Points
Paul Pelosi's purchase of call options in Nvidia with a strike price of $120
Explanation of call options and potential profits
Discussion on the risks and benefits of the investment
Pros
Potential for a windfall of over $1 million from the investment
Success in the stock market is established
Cons
Uncertainties around the exact details of the trade
Debates about conflicts of interest and insider trading in Congress