Key Highlights
- Paul Pelosi acquired 200 call option contracts for both Intel and Uber during May 2026, representing a combined value of up to $6 million
- Each options contract features a $50 strike price with an expiration date of March 19, 2027
- Intel shares have surged more than 250% in 2026, currently hovering near $129 per share
- The Pelosi investment portfolio exceeds $40 million in total value and has consistently outperformed the S&P 500 index
- With Pelosi stepping away from Congress, her mandatory financial disclosures will cease after January 2027
Former House Speaker Nancy Pelosi has submitted a congressional financial disclosure revealing that her husband, Paul Pelosi, executed significant call option purchases on both Intel and Uber during the final week of May 2026. The combined transaction value ranges between $1 million and $6 million.
The investment strategy involved purchasing 200 call option contracts for each company. Since each contract represents 100 underlying shares, Paul Pelosi now holds the contractual right to acquire 20,000 shares of Intel and an equivalent 20,000 shares of Uber. Both positions feature identical terms: a $50 strike price with expiration scheduled for March 19, 2027.
Call options provide investors with the contractual right—though not the requirement—to purchase stock shares at a predetermined price point. This approach enables traders to achieve leveraged market exposure while avoiding the capital commitment required for direct share ownership.
Intel’s Remarkable 2026 Performance
Intel has emerged as one of 2026’s standout equity performers. The semiconductor giant’s stock price has skyrocketed over 250% since January and currently trades in the vicinity of $129 per share.
This dramatic appreciation correlates with substantial improvements in Intel’s foundry operations under CEO Lip-Bu Tan’s leadership, who assumed the role in March 2025. The corporation has demonstrated enhanced manufacturing efficiency on cutting-edge semiconductor nodes.
CNBC analyst Jim Cramer recently designated Intel as his preferred artificial intelligence chip investment. His thesis centers on evolving AI data center architecture, specifically changing CPU-to-GPU deployment ratios that would strengthen Intel’s traditional business segments.
With Intel trading substantially above the $50 strike price, these options are deeply “in the money.” This positioning suggests Paul Pelosi likely paid elevated premiums upfront, though the trade structure significantly reduces the likelihood of total value erosion at expiration.
Uber Position and Portfolio Overview
Uber’s stock price currently sits just beneath $70, placing the $50 strike price solidly in profitable territory.
The Pelosi family maintains an investment portfolio valued at more than $40 million, distributed across numerous equity positions including Amazon, Alphabet, Nvidia, and Apple.
Throughout 2025, Pelosi incorporated nine new companies into her holdings. Among these additions are three members of the Magnificent Seven technology cohort: Amazon, Nvidia, and Alphabet.
Her aggregate stock and options activity for 2026 totals $8.88 million, representing a significant decline from the $48.6 million transacted in 2025.
According to analysis from UnusualWhales, Pelosi achieved the 28th position among Congressional traders for 2025, generating a 20.1% portfolio return that exceeded the S&P 500’s 16.6% benchmark performance.
Ongoing Debate Over Congressional Stock Trading
More than 400 Congressional members maintain active stock trading operations. Academic studies indicate that elected officials frequently achieve returns surpassing broad market indices.
A comprehensive New York Times examination discovered that during the 2019-2021 period, over half of stock-trading legislators served on committees with direct oversight responsibilities for the companies they traded.
The HONEST Act legislation, designed to prohibit individual stock trading by lawmakers, has advanced through Senate committee review but awaits final passage. Pelosi has publicly endorsed this proposed reform.
The most recent disclosure documents bear a June 23 signature date, covering transactions executed on May 29. Congressional rules mandate trade reporting within a 45-day window.
Pelosi has announced her decision not to pursue re-election in 2026. Following her departure from office in January 2027, she will no longer face mandatory financial disclosure obligations.



