Key Takeaways
- Recent congressional filings show Nancy Pelosi’s disclosure of call options valued up to $6 million in Intel and Uber
- Paul Pelosi acquired 200 call option contracts for both companies, each carrying a $50 strike price with March 2027 expiration
- Intel shares have surged more than 250% throughout 2026, receiving support from prominent market analysts including Jim Cramer
- The Pelosi investment portfolio exceeds $40 million in value and has consistently beaten S&P 500 performance metrics
- Legislative efforts to limit congressional stock trading continue, though the HONEST Act remains unpassed
A congressional financial disclosure filed by Nancy Pelosi reveals that her spouse, Paul Pelosi, executed significant call option purchases on Intel and Uber during late May 2026. The combined transaction value ranges from $1 million to $6 million.
The disclosure indicates Paul Pelosi purchased 200 options contracts for each company. Since each contract represents 100 underlying shares, this transaction grants him rights to acquire 20,000 Intel shares and 20,000 Uber shares. Both positions share identical terms: a $50 strike price and a March 19, 2027 expiration date.
Call options provide purchasers with the right—though not the requirement—to acquire shares at a predetermined price point. Rather than purchasing full shares directly, the option buyer pays an upfront premium. This approach allows investors to obtain leveraged market exposure with defined risk parameters.
Intel’s Remarkable 2026 Performance
Intel has emerged as a market leader during the current year. Shares have skyrocketed over 250% year-to-date, with current trading levels hovering near $129.
This dramatic appreciation stems from substantial improvements in Intel’s foundry operations under CEO Lip-Bu Tan, who assumed leadership in March 2025. The semiconductor giant has demonstrated enhanced manufacturing yields for cutting-edge chip designs, establishing itself as a viable domestic manufacturing alternative to international competitors such as Taiwan Semiconductor.
Jim Cramer of CNBC recently designated Intel as his preferred AI chip investment. His thesis centers on an anticipated transformation in AI data center architecture, where the CPU-to-GPU ratio is projected to evolve from 1-to-8 toward 1-to-1, directly benefiting Intel’s traditional CPU product lines.
Given that Paul Pelosi’s $50 strike price sits significantly beneath Intel’s present market value, these options qualify as “in the money.” While this likely resulted in a higher initial premium payment, it substantially reduces the probability of the contracts expiring without value.
Uber Position and Overall Family Holdings
Uber has demonstrated more modest movement compared to Intel during 2026. The stock currently trades slightly under $70, which still places Pelosi’s $50 strike price solidly in profitable territory.
The Pelosi family maintains an investment portfolio valued above $40 million spanning multiple securities. Current holdings feature stakes in Amazon, Google, Nvidia, and Apple.
Historically, the family’s investment performance has exceeded S&P 500 benchmarks and has occasionally surpassed Warren Buffett’s returns during comparable timeframes. Nancy Pelosi’s personal net worth is estimated at $234 million.
The most recent disclosure documents bear a June 23 signature date, covering transactions executed on May 29. Federal regulations mandate that congressional members report trading activity within a 45-day window.
Ongoing Debate Over Lawmaker Stock Trading
Stock trading by congressional members remains a contentious issue. More than 400 sitting members of Congress maintain active trading portfolios.
Academic studies have documented that congressional portfolios frequently outperform broader market indices. A New York Times analysis covering 2019 through 2021 discovered that over half of trading members served on committees with direct oversight responsibilities for the companies they traded.
The HONEST Act, proposed legislation that would prohibit federal lawmakers from trading individual securities, has advanced through Senate committee review but hasn’t achieved full passage into law. Nancy Pelosi has publicly endorsed this legislation.
Nancy Pelosi has declared her intention to retire from Congress, concluding a career spanning almost four decades.
