So I saw a headline that Ms. Pelosi bought about 10 AVGO 800c Jun 2025 calls. Those were trading around $950 at close today. Lets assume she got in at $900. So....that's $90k per contract or $900k outlay for the basket of 10 contracts.
If this is true that's an unusual trade for a civilian but could she be playing a PMCC? The delta is .96469 and it just appeared like this was could be her strategy.
I'm no expert on PMCC but she could be selling 10 of next weeks (just guessing folks) AVGO 2000c @ $3 per contract ($3000 credit for her entire 10 contracts). That's pretty conservative with a delta of 0.0462.
She does this week in week out for 52 weeks she's made $156k premium on top of whatever value the AVGO is at the time.
Did she make a good trade?
If this is true that's an unusual trade for a civilian but could she be playing a PMCC? The delta is .96469 and it just appeared like this was could be her strategy.
I'm no expert on PMCC but she could be selling 10 of next weeks (just guessing folks) AVGO 2000c @ $3 per contract ($3000 credit for her entire 10 contracts). That's pretty conservative with a delta of 0.0462.
She does this week in week out for 52 weeks she's made $156k premium on top of whatever value the AVGO is at the time.
Did she make a good trade?