Nvidia (NASDAQ: NVDA) has been on an impressive run the previous year, extending well into 2024 and showing no sign of waning, bringing hefty profits to early buyers.
One of these buyers was Former House Speaker Nancy Pelosi, who bought NVDA stock call options on November 21 with a strike price of $120 worth between $1 and $5 million and an expiration date of December 20, 2024.
After a breathtaking run NVDA stock has been on since, adding over 170% to its value, Pelosi earned an estimated $5 million on her call options, approximately 20 times her annual salary.
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The former House Speaker shows no signs of being willing to sell, as she keeps adding technology stocks to her portfolio and has recorded no sales so far this year.
Pelosi’s portfolio is on an all-time high
Thanks to the great performance of technology stocks this year, Pelosi’s portfolio has recorded a return of 101.6%, with Nvidia, Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Alphabet (NASDAQ: GOOG) stocks as key contributors to these gains.
This stellar performance means that Pelosi’s portfolio has reached an all-time high.
One purchase is yet to reward Pelosi
Not all Pelosi’s trades are winners, at least not for now. She bought call options in Palo Alto Networks (NASDAQ: PANW) worth between $500,000 and $1 million, and PANW stock has lost 14.77% of its value since the trade.
However, considering that these options expire on January 17, 2025, almost six months from now, there is still plenty of time for PANW stock to join the winners in Pelosi’s portfolio.
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