Nancy Pelosi Takes $6M Intel Call Options Position Controlling 20,000 Shares
INTC•Pelosi purchased up to $6M in Intel call options controlling over 20,000 shares at a $50 strike price expiring March 19, 2027. Intel stock has rallied 496% in the past year to $129 as it rebuilds its manufacturing business.
1. Pelosi's Option Purchases
Former House Speaker Pelosi disclosed on May 29 that she holds call options on Intel, controlling over 20,000 shares with a $50 strike price and March 19, 2027 expiration. She paid an option premium to secure the right to purchase without full upfront capital.
2. Intel's Stock Surge
Intel shares have climbed 496% over the past year to around $129, driven by progress in rebuilding its manufacturing business and renewed investor confidence in advanced process development. The stock’s rally underscores the bullish sentiment that may underpin Pelosi’s options strategy.
