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Nancy Pelosi Bets Big on Intel and Uber With Leveraged LEAPS Options
The former Speaker disclosed buying deep-in-the-money call options on two tech giants, a signature strategy that has already yielded quick paper gains.
2026-06-24 — Nancy Pelosi · INTC
Key facts
- Rep. Nancy Pelosi purchased 200 call options (LEAPS) for both Intel and Uber on May 29, 2026.
- The Intel transaction was valued between $1,000,001 and $5,000,000, and the Uber transaction was valued between $500,001 and $1,000,000.
- Both option contracts have a strike price of $50 and expire on March 19, 2027.
- Intel's stock has risen nearly 15% since the purchase, despite same-day open-market selling by an Intel executive vice president.
Rep. Nancy Pelosi (D-Calif.) has once again turned to her family's signature, high-leverage investment strategy: buying long-dated, deep-in-the-money call options on major technology companies. According to a financial disclosure filed on June 23, 2026, Pelosi purchased 200 call options for both Intel Corp. (INTC) and Uber Technologies (UBER) on May 29, 2026.
The Intel transaction was valued between $1,000,001 and $5,000,000, while the concurrent Uber transaction was valued between $500,001 and $1,000,000. Under the rules of the STOCK Act, members of Congress are required to disclose their financial transactions within 45 days, and all transaction values are reported in broad ranges rather than exact figures.
Both purchases consisted of "LEAPS" (Long-Term Equity Anticipation Securities) call options carrying a strike price of $50 and an expiration date of March 19, 2027. Because Intel was trading around $114.68 on the day of the trade, these $50 strike options were deep in the money, acting as a highly leveraged surrogate for owning the underlying stock. The timing has already proved highly prescient, with Intel's stock price rising nearly 15% to $131.78 since the purchase.
The Intel trade represents Pelosi's first-ever recorded transaction in the semiconductor giant. While Pelosi does not currently sit on any standing legislative committees with direct regulatory or appropriations oversight of the technology or semiconductor sectors, our analysis scored the trade 43 out of 100, noting that the transaction represents an outlier for her highly concentrated, tech-heavy portfolio.
Interestingly, Pelosi's large bullish bet on Intel directly contradicted corporate insider behavior on the day of execution. On May 29, Nagasubramaniyan Chandrasekaran, an executive vice president at Intel, sold 21,024 shares of the company on the open market. Intel had also recently reported its Q1 2026 earnings, emphasizing its focus on CPUs and packaging for the "next wave of AI", and issued multiple series of senior notes.
Whether the synchronized same-day purchases of Intel and Uber represent a coordinated portfolio rebalancing by her spouse, Paul Pelosi, or a targeted play on tech momentum remains a matter of speculation.
For now, the Pelosi options playbook continues to deliver the kind of leverage most retail investors can only watch from the sidelines.
Sources
- Intel Q1 2026 Earnings 8-K — SEC EDGAR
- Intel Senior Notes Issuance 8-K — SEC EDGAR
- Intel Insider Form 4 Filings — SEC EDGAR