NANCY PELOSI JUST MADE MORE THAN A MILLION ON NVIDIA $NVDA
Some of Nancy Pelosi's Nvidia calls expired yesterday. She bought these 1 year ago before the 10:1 stock split meaning after the split her strike price was $12 and she had 500 call options
Pelosi bought the calls when Nvidia was trading at $48.7 (split adjusted) ... Nvidia stock closed Friday at $135
If Nancy exercised her calls she would have just paid $600K to buy 50K shares of Nvidia ... those 50K shares could be sold for $6.75M based on Friday's close
Pelosi spent up to $5M to buy the calls meaning she just made AT LEAST $1.15M on Nvidia (assuming she exercised her calls)
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