Representative Nancy Pelosi submitted a report indicating that her spouse bought call options on Intel Corporation (INTC) and Uber Technologies Inc (UBER). The filing lists two separate option purchases - each consisting of 200 call contracts - that share a $50 strike price and a March 19, 2027 expiration date.
According to the disclosure, the Intel position is reported with a value range of $1,000,001 to $5,000,000, while the Uber position carries a disclosed value between $500,001 and $1,000,000. Taken together, the combined disclosed value of the two transactions falls between $1.5 million and $6 million.
The filing, which was digitally signed on June 23, 2026, records the underlying transaction date as May 29. That places the disclosure well inside the 45-day reporting window required by the STOCK Act - roughly 25 days after the purchase.
Both transactions are categorized as new purchases rather than amendments to previously reported trades. The matching strike price and identical expiration across the two positions indicate a coordinated bullish structure designed to profit if INTC and UBER trade above $50 before the March 19, 2027 expiry.
Financially, the Intel position exposes significantly more capital at the upper bound of the reported range, with its disclosed value reaching as high as $5 million versus a maximum of $1 million for the Uber position.
The timing of the purchases has attracted attention due to the policy environment affecting both companies. The U.S. government reportedly owns a roughly 10% stake in Intel, and the current administration has emphasized expanding U.S. chip manufacturing - a policy stance that could support Intel's foundry ambitions. Separately, Uber operates where gig-economy labor regulations and autonomous vehicle policy intersect, two policy areas that have seen active congressional engagement.
The disclosure also notes recent sharp moves in Intel's stock: shares are reported up 259% year-to-date and nearly 500% over the last year. Those price gains mean the calls reported in the filing are now significantly in the money.
No additional trades or amendments are indicated in the filing. The report presents a clear snapshot of a pair of similarly structured bullish option positions, each emphasizing a bet that the respective stock will exceed $50 by mid-March 2027.
Summary: A new filing shows the spouse of Representative Nancy Pelosi purchased 200 call contracts each on Intel and Uber, both with a $50 strike and a March 19, 2027 expiry. The disclosed values range from $1,000,001 to $5,000,000 for Intel and $500,001 to $1,000,000 for Uber, totaling $1.5 million to $6 million. The report was signed June 23, 2026, documenting a May 29 transaction date within the STOCK Act's 45-day window.
Key points:
- Two new purchases of 200 call options each on INTC and UBER, both at a $50 strike and March 19, 2027 expiry.
- Disclosed value ranges: Intel $1,000,001 - $5,000,000; Uber $500,001 - $1,000,000; combined $1.5M - $6M.
- Transactions were filed on June 23, 2026, roughly 25 days after the May 29 trade date, inside the STOCK Act 45-day disclosure requirement.
Risks and uncertainties:
- Market risk - the positions profit only if INTC and UBER trade above $50 before the March 19, 2027 expiration; both are exposed to equity price movement.
- Policy and regulatory uncertainty - developments in U.S. chip policy and labor/AV regulation could affect the companies named; these policy areas are active and bear on semiconductors and gig-economy/autonomous vehicle sectors.