Key Takeaways
- Paul Pelosi acquired 200 call option contracts for both Intel and Uber during May 2026, representing a potential $6 million investment
- The options feature a $50 strike price with expiration set for 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 value and has consistently outperformed major market indices
- With Pelosi stepping down from Congress, public disclosure of her family’s trades may cease in January 2027
A recent congressional filing reveals that Nancy Pelosi’s spouse, Paul Pelosi, initiated significant options positions in Intel and Uber during the final weeks of May 2026. The disclosed transaction range spans from $1 million to $6 million in total value.
The investment consisted of 200 call option contracts for each company. Since individual contracts represent 100 shares, this grants Paul Pelosi the potential to acquire 20,000 Intel shares and 20,000 Uber shares. The contracts share identical terms: a $50 strike price with March 19, 2027 as the expiration date.
Call options provide holders with the privilege, though not the requirement, to acquire stock at a predetermined price point. Investors frequently employ this approach to achieve amplified market exposure while avoiding direct stock purchases.
Intel’s Remarkable 2026 Performance
Intel has emerged as a standout performer throughout 2026. The semiconductor giant’s stock price has skyrocketed over 250% since January and currently trades in the vicinity of $129.
This dramatic appreciation connects to advancements within Intel’s foundry operations under CEO Lip-Bu Tan’s leadership, who assumed control in March 2025. The corporation has demonstrated enhanced manufacturing efficiency for cutting-edge semiconductor products.
CNBC analyst Jim Cramer recently identified Intel as his preferred artificial intelligence chip investment. He cited evolving ratios between CPUs and GPUs in AI data centers, suggesting this transition would strengthen Intel’s primary business segments.
With Intel’s market price substantially exceeding the $50 strike price, these options are categorized as “in the money.” This positioning suggests Paul Pelosi invested a substantial premium upfront, though it reduces the likelihood of total value erosion at expiration.
Uber Position and Overall Holdings
Uber’s stock currently exchanges hands slightly under $70, placing the $50 strike price firmly in profitable territory as well.
The Pelosi family maintains investment holdings surpassing $40 million distributed among numerous equities, including Amazon, Alphabet, Nvidia, and Apple.
Throughout 2025, Pelosi incorporated nine new stocks into her investment mix. Among these additions are three Magnificent Seven technology companies: Amazon, Nvidia, and Alphabet.
Her aggregate stock and options activity during 2026 totals $8.88 million, representing a significant decrease from the $48.6 million recorded in 2025.
According to UnusualWhales analysis, Pelosi ranked 28th among congressional traders for 2025, achieving a 20.1% portfolio return that exceeded the S&P 500’s 16.6% benchmark.
Ongoing Debate Over Congressional Stock Activity
More than 400 sitting Congress members maintain active stock trading practices. Academic studies indicate congressional portfolios frequently surpass broader market performance.
A comprehensive New York Times analysis discovered that from 2019 through 2021, over half of stock-trading legislators served on committees with regulatory authority over the companies in their portfolios.
The HONEST Act, legislation designed to prohibit individual stock trading by lawmakers, has advanced through Senate committee review but awaits final passage. Pelosi has expressed support for this proposed restriction.
The most recent disclosure documents bear a June 23 signature date, documenting transactions executed on May 29. Federal regulations mandate that congressional members report trades within 45 days.
Pelosi announced she will not pursue re-election in 2026. Beginning January 2027, she will no longer face mandatory trade disclosure requirements.





