Nancy Pelosi Roblox Calls

Roblox Stock is currently purchased by the current Speaker of the U.S. House of Representative, Nancy Pelosi and her husband Paul Pelosi. They did not only buy Roblox Stock, but also some technology stocks including Google, Salesforce, Micron Technology and Disney.

The public is wondering how much Nancy Pelosi and Paul Pelosi buy the Roblox Stock. Certainly, it’s not a secret anymore, as mass media has announced the amount of Roblox stock that Nancy Pelosi and Paul Pelosi have purchased. To know the real information about it, let’s dive into our post below!

How Much Does Nancy Pelosi Buy Roblox Stock?

According to some sources, Nancy Pelosi and her husband Paul Pelosi have purchased Roblox Stock at between $100,000 and $250,000. In other words, they buy 100 calls in Roblox Corp. (RBLX).

The purchases occured from December 17 to December 21, 2021, just days after Pelosi insisted in a press conference that the Congress members have to be allowed to trade individual stocks, while often being privy to insider information which can move the markets.

In addition to Roblox Calls purchases, Nancy Pelosi and her husband also trade this month include Salesforce and Google call options  worth between $500,000 and $1 million each. They also purchased in calls for chipmaker Micron Technology between $250,000 and $500,000 and between $100,000 and $250,000 of  Disney call options in disclosure which were earlier reported by Congresstrading.com.

According to a financial disclosure form filed last week, Pelosi family have brought up to $3,5 million worth of call options in mega-cap stocks late last year. Paul Pelosi’s biggest purchase was up to $1.5 million worth of call options in Salesforce on December 20, 2021. He specifically bought 130 call options with a strike price of $210 and an expiration date of January 20. 2023.

Buying an in-the-money call option is a bet that Salesforce’s stock will remain well above the $210 level by early 2003 and gives Pelosi the right to purchase 13,000 shares at that price, if the option is exercised Salesforce shared traded down 6% to $233.62 in Wednesday’s trading session.

The long-term in-the-money call options really grant Pelosi leverage over a potential upside move in large cap stocks. However, the trades can be a bet on the fundamental outlook of the companies themselves or on a continued regime of low interest rates.

Why Did Nancy Pelosi and Her Husband Buy Technology Stock?

Paul Pelosi, Nancy’s husband runs Financial Leasing Services. That’s a real estate and venture capital investment and consulting firm. In recent years, he has made big-money bets that Nancy Pelosi is supposed to regulate including Google, Amazon and Apple.

According to Thomas Hayes of Great Hill Capital, the Calls in December that are set to expire in late 2022 and early 2023 indicate that the Pelosi family trusts technology stock will continue their current bull run in the new year.

Hayes stated that Paul and Nancy Pelosi are trying to ride the momentum where they are around a lot of hypes, so they likely caught up in the euphoria. It is known that Nancy Pelosi defended the lawmakers saying that the US is a free market economy and lawmakers must be allowed to purchase stocks, though there has been a surge in Stock Act violations.

Furthermore, some DC insiders have assumed that Pelosi is slow-walking bipartisan legislation which will hurt big technology firms. Critics have speculated that the Congress members must be banned from trading individual stocks and instead only be allowed to invest in broader funds.

According to Insider, under a law called the Stock Act that was passed in 2012, the Congress members are really required to disclose trades. However, roughly 52 Congress members including Democratic Senators Mark Kelly of Arizona and Diane Feinstein of California, as well as Republican Senators Rand Paul of Kentucky and Roger Marshall of Kansas have violated the law in recent years.

In fact, this is not the first time Pelosi has made high-profile purchases in technology companies. In the middle 2021, Pelosi purchased $4.8 million worth of call options on Amazon, $4.8 million worth of Alphabet, along with up to $250,000 in call options on Apple.

Such moves are extensively  followed by investors who try to replicate the often-seen success of stock trades that are made by Congress members and their families. It is known that CongressTrading.com has established a community of investors on discussing lawmaker’s stock trades.

For more information, the latest trade of Pelosi comes just days after Nancy Pelosi refused the idea of banning Congress members from trading stocks, following at Insider investigation which found a number of federal lawmakers and at least 187 top congressional staffers are violating a federal conflict-of-interest law that is known as the STOCK Act.

What Are Nancy Pelosi Stocks?

Nancy Pelosi revealed interest in Congress members owning stocks and followed it up with some major call options in December. Even though Nancy Pelosi does not hold stock herself, her husband recently obtained stock options for five companies.

However, those options actually allow them to buy the stocks at predetermined prices, meaning they can sell them later if the price goes above that. To know what stocks that Nancy Pelosi and her husband Paul Pelosi have, let’s dive into these call options below!

• • Alphabet (NASDAQ:GOOGL) call options that Pelosi’s family owns are worth between $500,000 and $1 million. However, this stock goes down 2.5% as of Wednesday afternoon.
  • Disney (NYSE:DIS) calls options that the Pelosi’s family holds  are worth between $100,000 and $250,000. As of this writing,  the  company’s shares are sitting 1.6% higher.
  • Roblox (NYSE:RBLX) call options that Pelosi owns range in value from $100,000 to $250,000. But this afternoon, the stock is dipping 2.2% lower.
  • Salesforce.com (NYSE:CRM) call options that Pelosi holds are also worth between $500,000 and $1 million. As of this writing, the shares are slipping 5.4%.
  • Micron Technology (NASDAQ:MU) call options that Pelosi owns range in value from $250,000 to $500,000. As of Wednesday afternoon, the stock goes up roughly 2%.

Alfin Dani

AUTHOR BIO

On my daily job, I am a software engineer, programmer & computer technician. My passion is assembling PC hardware, studying Operating System and all things related to computers technology. I also love to make short films for YouTube as a producer. More at about me…