Key Takeaways
- Congressional filings show call options valued up to $6 million on Intel and Uber purchased by Paul Pelosi
- The transactions involved 200 call option contracts for each company, both featuring $50 strike prices set to expire in March 2027
- Intel shares have surged more than 250% in 2026, receiving a boost from positive analyst commentary
- The Pelosi investment portfolio, exceeding $40 million in value, has consistently delivered returns surpassing the S&P 500
- Debate over stock trading by members of Congress continues as reform legislation remains stalled
Recent congressional financial disclosures reveal that Paul Pelosi, spouse of Nancy Pelosi, acquired call options on both Intel and Uber during the final week of May 2026. The combined estimated value of these transactions ranges from $1 million to $6 million.
According to the filing, Paul Pelosi purchased 200 call option contracts for each company. Since each contract represents 100 underlying shares, this provides exposure to 20,000 shares of both Intel and Uber. The options feature identical $50 strike prices and share a common expiration date of March 19, 2027.
Call options provide the holder with the privilege, though not the requirement, to acquire shares at a predetermined price point. Investors pay an upfront premium rather than purchasing the underlying shares directly. This approach is commonly employed to achieve leveraged market exposure.
Intel’s Remarkable 2026 Performance
Intel has emerged as a top-performing stock in 2026. Shares have skyrocketed over 250% since the beginning of the year and currently hover around the $129 level.
This impressive rally stems from significant improvements in Intel’s foundry operations under CEO Lip-Bu Tan, who assumed leadership in March 2025. The semiconductor manufacturer has demonstrated enhanced production efficiency with cutting-edge chip technology, establishing itself as a viable domestic competitor to international manufacturers such as Taiwan Semiconductor.
Jim Cramer of CNBC recently designated Intel as his preferred AI chip investment. He highlighted an emerging trend in AI data centers where the CPU-to-GPU ratio is projected to shift from the current 1-to-8 configuration toward a more balanced 1-to-1 setup, which would significantly benefit Intel’s primary CPU operations.
Given that Paul Pelosi’s $50 strike price sits substantially below Intel’s present market value, these options are classified as “in the money.” While this likely resulted in a higher initial premium payment, it substantially reduces the probability of the options expiring without value.
Uber Position and Portfolio Overview
Uber has demonstrated greater price stability compared to Intel throughout the year. The stock currently trades slightly under $70, which similarly positions Pelosi’s $50 strike price well into profitable territory.
The Pelosi family maintains an investment portfolio valued at over $40 million distributed across multiple equities. Holdings include major positions in Amazon, Google, Nvidia, and Apple.
Historically, the family’s investment performance has exceeded both the S&P 500 benchmark and, during certain timeframes, even Warren Buffett’s renowned track record. Nancy Pelosi’s personal net worth is estimated at $234 million.
The most recent disclosure documents, dated June 23, cover investment activities from May 29. Federal law mandates that congressional members report stock transactions within a 45-day window.
Ongoing Controversy Surrounding Lawmakers’ Stock Trading
Stock trading by members of Congress remains a contentious issue. More than 400 sitting congressional members actively participate in equity markets.
Studies indicate that congressional portfolios frequently outperform standard market indices. A comprehensive New York Times analysis discovered that during the 2019-2021 period, more than half of the trading members held positions on committees with direct oversight of the companies in which they invested.
The HONEST Act, legislation designed to prohibit federal legislators from trading individual stocks, has successfully navigated through a Senate committee but awaits full congressional approval. Nancy Pelosi has publicly endorsed this proposed ban.
Nancy Pelosi has declared her intention to retire from Congress, concluding a distinguished career spanning nearly four decades.



