Weekly Insider Money Tracking: Paul Pelosi Sold Options for a Loss of Under $1 Million
This week's relentless climb in U.S. Treasury yields was at least momentarily paused after The Wall Street Journal reported that Federal Reserve officials are set to raise interest rates by 0.75 percentage point at their November 1-2 meeting but are poised to debate shifting to smaller increase in December.
1 | Below is a look at the top insider trades with the biggest value in the past week.
When a company's executives, board of directors, and/or major shareholders buy or sell company stock based on non-public company information, this is referred to as insider trading. Being aware of insider trades can help you figure out what insiders (i.e., smart money) believe will take place in the future.
2 | Weekly Congress and House tracking
U.S. House Speaker Nancy Pelosi's husband sold call options in chipmakers for a loss of under $1 million, according to a new transparency filing. Here are some details.
The Pelosis exercised 200 calls of $Alphabet-A (GOOGL.US)$ on Sept. 16. The calls with a strike of $100 were purchased on Dec. 17, 2021 and had an expiration of Sept. 16, 2022. The trade was valued at $1 million to $5 million, according to the filing.
The Pelosis sold 100 calls of $Micron Technology (MU.US)$ with a strike price of $50. The Pelosis also sold 50 calls of $NVIDIA (NVDA.US)$.
The Pelosis saw 50 call options of $Disney (DIS.US)$ purchased Dec. 17, 2021 expire worthless on Sept. 16, 2022. The options had a strike price of $130.
Despite their influence and extensive access to information, members of Congress can buy and sell stocks with few restrictions. Individual investors could potentially make use of thisalternative data of the latest Senate stock disclosuresto obtainmarket insights. ![]()
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Source: Benzinga, UnusualWhalesDisclaimer: Past performance can't guarantee future results. Investing involves risk and the potential to lose principal. This article is for information and illustrative purposes only.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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ZDaily_ : Need to make it look legit and not insider trading. Nice!
amicable Eagle_3621 : They lost one million but they made millions already. So one million is a penny for them
affable Hyena_3246 : cover up
长鸿 amicable Eagle_3621 : This is an exaggeration; they even talk about a penny
45DTE : So corrupt
长鸿 45DTE : This may mean that she is a woman who does not spend money indiscriminately, or just wants to make people pay attention to her existence lol.
therealunknwn : i dont have money for all this!
SpyderCall therealunknwn : Pelosi just had their house broken into last night and Mr. Palosi (The inside investor) was assaulted by a burglar. he doesn't deserve to be assaulted but he does need to stop insider trading