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Nancy Pelosi Discloses Up to $1M Bet on Uber Call Options
The high-conviction purchase of long-dated LEAPS marks the Representative's first time trading the ride-hailing giant.
2026-07-03 — Nancy Pelosi · UBER
Key facts
- Rep. Nancy Pelosi disclosed a purchase of 200 Uber call options with a $50 strike expiring in March 2027.
- The trade was valued between $500,001 and $1,000,000 and represents her first-ever transaction in Uber.
- The purchase was executed on May 29, 2026, the same day as a separate $1M to $5M Intel options purchase.
- Since the transaction date, Uber's stock price has risen 5.72%.
Rep. Nancy Pelosi (D-Calif.) has disclosed a major new position in Uber Technologies, Inc. (UBER), marking her first-ever recorded transaction in the ride-hailing giant.
According to a periodic transaction report, the purchase was executed on May 29, 2026, and disclosed on June 23, 2026. The transaction involved 200 bull-call options with a $50 strike price expiring on March 19, 2027. The trade value was reported in the range of $500,001 to $1,000,000. Under the STOCK Act, members of Congress are required to disclose transactions within 45 days, and all transaction values are reported in broad ranges.
The leveraged bet came just over three weeks after Uber posted strong Q1 2026 earnings on May 6, which revealed record GAAP operating income of $1.9 billion. Since the May 29 purchase, the stock has risen 5.72%, moving from a trade-date price of $70.40 to a current price of $74.43. Our analysis scored the trade 47/100, reflecting a high-conviction play on public momentum rather than a policy-driven edge.
While Representative Pelosi is one of the most influential members of the House, she does not hold direct legislative committee assignments overseeing ridesharing, autonomous vehicles, or gig-economy labor standards. Instead, the transaction aligns with the established trading style of her husband, Paul Pelosi, who manages an investment firm and frequently utilizes long-dated, deep-in-the-money call options (known as LEAPS) on mega-cap technology and consumer platforms.
Notably, the Uber purchase was executed on the exact same day that Pelosi disclosed a massive $1 million to $5 million purchase of Intel (INTC) options. This same-day activity suggests the positions were part of a coordinated, scheduled capital deployment window rather than a reaction to a single-stock catalyst.
The bullish congressional trade stands in contrast to some corporate insider activity. On June 2, 2026, a major institutional holder listed as a 10% owner of Uber filed a Form 4 disclosing a sale of 67.5 million shares.
Sources
- Uber Q1 2026 Results 8-K — SEC EDGAR
- Uber Annual Meeting Voting Results 8-K — SEC EDGAR
- Uber Chief People Officer Departure 8-K — SEC EDGAR
- Uber Technologies Inc Form 4 Insider Filing — SEC EDGAR