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Monday, February 01, 2021 8:52:42 AM
https://markets.businessinsider.com/news/stocks/nancy-pelosi-discloses-1-million-call-options-tesla-stock-2021-1-1029998372
House Speaker Nancy Pelosi's husband has placed up to $1 million worth of bullish bets on Tesla stock, the politician revealed in a financial disclosure form last week.
Paul Pelosi, who runs an investment firm, bought 25 call options on Tesla stock with a strike price of $500 and an expiration date of March 18, 2022. He spent between $500,001 and $1 million on them on December 22.
Read more: BANK OF AMERICA: Buy these 31 unheralded stocks as the recovery's hottest trades of recent months continue to gain strength in 2021
The call options give him the right to buy 2,500 Tesla shares at $500 each at any point before they expire in March 2022.
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