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Nancy Pelosi exercises call options on Broadcom worth millions
Nancy Pelosi exercises call options on Broadcom worth millions

Yahoo

time11-07-2025

  • Business
  • Yahoo

Nancy Pelosi exercises call options on Broadcom worth millions

-- U.S. House Representative Nancy Pelosi has exercised 20,000 call options on Broadcom Inc (NASDAQ:AVGO) common stock, according to a disclosure notice filed Thursday. The call options, which were originally purchased on June 24, 2024, had a strike price of $80 per share. Pelosi exercised these options on June 20, 2025. The transaction value was reported to be between $1,000,001 and $5,000,000, according to the disclosure notice that was filed the same day as the transaction. Broadcom is a global technology company that designs, develops, and supplies semiconductor and infrastructure software solutions. Related articles Nancy Pelosi exercises call options on Broadcom worth millions Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities HSBC upgrades AMD as AI chip pricing could drive major upside through 2026 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

FOMO-Driven Call Buying Soars as Traders Chase S&P 500's Furious Run
FOMO-Driven Call Buying Soars as Traders Chase S&P 500's Furious Run

Bloomberg

time30-06-2025

  • Business
  • Bloomberg

FOMO-Driven Call Buying Soars as Traders Chase S&P 500's Furious Run

Traders keen to seize on further gains after the S&P 500 Index hit its first record since February are betting on stock-market darlings that they expect will surpass the index's ascent. The signals from derivatives trading are clear, strategists said, as investors last week aggressively bought call options — a wager that an asset's price will keep increasing. Among the highlights: a rush into Nvidia Corp. on Wednesday that pushed the volume of call contracts on the stock to almost triple that of bearish puts, the biggest gap since January; a jump to a four-month high in the call-put ratio on the Financial Select Sector SPDR Fund; and a drop to a two-month low in the cost of hedging against a selloff in Meta Platforms Inc.

Traders pile into $80 US oil bets as tensions rise in Middle East
Traders pile into $80 US oil bets as tensions rise in Middle East

Reuters

time14-06-2025

  • Business
  • Reuters

Traders pile into $80 US oil bets as tensions rise in Middle East

June 13 (Reuters) - Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict. Call options grant the holder a right to buy futures contract at the preset price and date, and a rise in volumes can help gauge market sentiment. About 33,411 contracts of August-2025 $80 call options for WTI crude oil were traded on Friday on a total trading volume of 681,000 contracts, marking the highest volume for these options this year, according to CME Group data. The last time trading was this high for $80 call contracts was on January 10, with 17,030 February-2025 $80 call options traded on a total trading volume of 301,866 contracts. Oil prices jumped on Friday and settled 7% higher as Israel and Iran launched air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East. U.S. West Texas Intermediate crude finished at $72.98 a barrel, up $4.94, or 7.62%. During the session, WTI jumped over 14% to its highest since January 21 at $77.62.

Traders pile into $80 US oil bets as tensions rise in Middle East
Traders pile into $80 US oil bets as tensions rise in Middle East

CNA

time14-06-2025

  • Business
  • CNA

Traders pile into $80 US oil bets as tensions rise in Middle East

Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict. Call options grant the holder a right to buy futures contract at the preset price and date, and a rise in volumes can help gauge market sentiment. About 33,411 contracts of August-2025 $80 call options for WTI crude oil were traded on Friday on a total trading volume of 681,000 contracts, marking the highest volume for these options this year, according to CME Group data. The last time trading was this high for $80 call contracts was on January 10, with 17,030 February-2025 $80 call options traded on a total trading volume of 301,866 contracts. Oil prices jumped on Friday and settled 7 per cent higher as Israel and Iran launched air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.

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