Paul Pelosi Invests Up to $6M in Intel (INTC) and Uber (UBER) Call Options

Quick Summary

• Congressional filings show call options valued between $1M and $6M on Intel and Uber executed by Paul Pelosi
• The transactions involved 200 call option contracts for each company, both featuring $50 strike prices with March 2027 expiration
• Intel shares have surged more than 250% in 2026, receiving strong support from prominent market analysts
• The Pelosi investment portfolio exceeds $40 million and has consistently delivered market-beating returns
• Debate over stock trading by elected officials persists, with proposed legislation still awaiting final approval

Recent congressional financial disclosures reveal that Paul Pelosi, spouse of former House Speaker Nancy Pelosi, executed significant call option purchases on both Intel and Uber during the final days of May 2026. The combined estimated value of these transactions ranges from $1 million to $6 million.

Intel Corp., INTC

The filings indicate Paul Pelosi acquired 200 call option contracts for each company. Since each contract represents 100 underlying shares, these positions grant him the right to acquire 20,000 shares of Intel and an equal amount of Uber stock. Both option contracts feature identical terms: a $50 strike price and an expiration date of March 19, 2027.

Call options are derivative instruments that provide the purchaser with the right—though not the obligation—to acquire shares at a predetermined price. Rather than purchasing shares directly, investors pay an upfront premium for this privilege. This approach is commonly employed by traders seeking leveraged market exposure.

Intel’s Remarkable 2026 Performance

Intel has emerged as a top-tier market performer throughout the current year. The semiconductor giant’s stock price has skyrocketed over 250% year-to-date, currently hovering near $129 per share.

This impressive rally stems largely from operational improvements in Intel’s foundry division under CEO Lip-Bu Tan, who assumed leadership in March 2025. The chipmaker has demonstrated enhanced manufacturing efficiency for cutting-edge processors, establishing itself as a viable domestic competitor to foreign manufacturers such as Taiwan Semiconductor.

Jim Cramer of CNBC recently designated Intel as his preferred AI chip investment. His thesis centers on evolving AI data center architecture, where the traditional CPU-to-GPU ratio of 1-to-8 is projected to shift toward 1-to-1, substantially benefiting Intel’s traditional CPU operations.

Given that Paul Pelosi’s $50 strike price sits considerably beneath Intel’s present market value, these options are firmly “in the money.” While this suggests he likely paid an elevated premium at purchase, the position faces reduced risk of expiring without value.

Uber’s Position and the Pelosi Investment Holdings

Uber has demonstrated more moderate price movement compared to Intel throughout 2026. The ride-sharing company’s shares currently trade slightly under $70, meaning Pelosi’s $50 strike price maintains a comfortable in-the-money status.

The Pelosi household maintains an investment portfolio valued above $40 million spread across multiple equity positions. Their holdings encompass major technology companies including 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 investment returns. Nancy Pelosi’s personal net worth is estimated at $234 million.

The most recent disclosure documents bear a June 23 signature date, covering investment activity from May 29. Federal regulations mandate that congressional members report securities transactions within a 45-day window.

Ongoing Controversy Surrounding Legislative Stock Trading

Stock trading by members of Congress remains a contentious political issue. More than 400 current congressional members maintain active stock trading accounts.

Academic studies indicate that congressional portfolios frequently outperform general market indices. A comprehensive New York Times analysis covering 2019 through 2021 revealed that over half of stock-trading legislators served on committees with direct oversight authority over the companies they invested in.

The HONEST Act, legislation designed to prohibit federal lawmakers from trading individual securities, has successfully cleared a Senate committee but has not advanced to final passage. Nancy Pelosi has publicly endorsed this proposed restriction.

Nancy Pelosi recently announced her decision not to pursue re-election, bringing her nearly four-decade congressional career to a close.