Pelosi Discloses Bullish Options Bets on Intel and Uber

New financial disclosures reveal that U.S. Representative Nancy Pelosi has purchased call options on shares of Intel (INTC) and Uber (UBER), signaling a bullish outlook on both companies.

Transaction Details

According to the filing, Pelosi bought 200 call options on each stock, all with a $50 strike price and an expiration date of March 19, 2027. The Intel options are valued between $1,000,001 and $5,000,000, while the Uber options are valued between $500,001 and $1,000,000. The transactions are classified as new purchases, not amendments to prior disclosures.

Context

The trades come amid volatility in the tech sector, with Intel focusing on regaining market share in the chip industry and Uber striving for profitability after years of losses. Long-dated call options are typically seen as a bet on share price appreciation over a specific timeframe.

What This Means for Investors

While Pelosi's trades may reflect personal confidence, they do not constitute investment advice. Investors should conduct their own research and consider risk factors before making decisions.