Nancy Pelosi just reported some positions she took in the derivatives market. Positions on 4 big companies. However in this post we focus on the move she made on Tesla.
Well ITM Call Options with a strike of 500. She paid a high premium between 500k and 1mill. The signal should be bullish for Tesla holders as she is apparently using this option to leverage her position.
With all the private information she has it looks confusing that she is able to execute such positions. Do you think this should be allowed? Will you follow Pelosi in this move?