Nancy Pelosi just bought $5M of $NVDA calls with a strike price of $120 and expiration date of 12/20/24! This is her largest purchase in over 3 years đ€Ż
That's not a red flag. It's a signal to buy because it assumes the stock price will be increasing. The concern is why she knows that and that she's allowed to invest in a way that's predatory against other investors because she has inside information as a policy maker.
Itâs a leap she can sell covered calls every week and collect the premium all year long and also make the gains from the option itself when the stock goes up.
More intrinsic value, no theta decay, can be exercised at any time, and itm options can be used as collateral for writing call options (poor manâs covered calls).
That's not a red flag. It's a signal to buy because it assumes the stock price will be increasing. The concern is why she knows that and that she's allowed to invest in a way that's predatory against other investors because she has inside information as a policy maker.
why so deep in the money?
Itâs a leap she can sell covered calls every week and collect the premium all year long and also make the gains from the option itself when the stock goes up.
I just put an order in for nvidia lol
@@davidd6660 Expertise.
@@davidd6660gives the option more intrinsic value and it can be exercised at anytime.
She made a killing.
Who would have offered such a lucrative deal like that?
She knew what she was doing đ
Does anyone remember that trip to Taiwan she made a year ago on August 2nd? Pepperidge Farms remembers...
Why 120 Strike if NVDA is almost $500 per share today? That's deep in the money Strike price
This is what I was wondering
More intrinsic value, no theta decay, can be exercised at any time, and itm options can be used as collateral for writing call options (poor manâs covered calls).
Thank you @@Goldenj360
How she get that strike price that means she will break even no matter what
You don't know how options work
Hey kids, don't take your financial advice from TikTok videos
True, but this would have been a gold mine. Up 100% since then.
Do you mean green flag?
Unusual? Your post was unusual.
She needs the money for alcohol