A breaking report surfaced from Unusual Whales’ X account regarding a call Speaker Emerita made in the stock market this month. Green Bay Packers star offensive lineman David Bakhtiari liked a Tweet regarding the Democrat Congresswoman’s trade.
David Bakhtiari is known for pointing out curious trades
Bakhtiari is known for calling out questionable trades by representatives. Bakhtiari commented on Pelosi’s decision to buy up Nvidia stock in December. The company is backed by government-funded grants to participate in Artificial Intelligence research.
Nancy Pelosi made a new trade
Per Unusal Whales, Pelosi made another big play. She bought 1.25 million in call options for Palo Alto Networks. The call will expire next year.
BREAKING: Nancy Pelosi has bought call options in $PANW, Palo Alto Networks Inc.
She bought 1.25 million in call options with a strike of $200, that expire in Jan 17, 2025. pic.twitter.com/UNuxH4PaEn
— unusual_whales (@unusual_whales) February 26, 2024
PANW wants a new contract from Big Brother
PANW does business with the government, and they’re hoping for lucrative contracts in the future. Wall St Engine called the move by Pelosi “an interesting coincidence,” given the timing of PANW needing a new contract with the federal government.
That's an interesting coincidence, She just bought 1.25M worth of Calls for $PANW, which is hoping for a major government contract. 🤔https://t.co/iptkP8v4aI
— Wall St Engine (@wallstengine) February 26, 2024
Bakhtiari liked two Tweets by Quiver Quantitative regarding Pelosi’s move. QQ noticed other politicians have been buying up PANW recently.
BREAKING: Representative Nancy Pelosi just disclosed a new options trade.
She bought up to $1M of call options in a cybersecurity company called Palo Alto Networks on February 12th.
We have seen several other politicians buying this stock recently. pic.twitter.com/fxwS71Eo9y
— Quiver Quantitative (@QuiverQuant) February 26, 2024
Nancy Pelosi just disclosed a purchase of call options in the cybersecurity company Palo Alto Networks, $PANW.
The CEO of $PANW recently said that they are hoping for a major government contract.
We'll keep an eye on our government spending data to see if that contract arrives.
— Quiver Quantitative (@QuiverQuant) February 26, 2024
Pelosi made out like a bandit last week on NVDA. Could PANW be her next big bag?
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