Alphabet stock’s big day could mean a windfall for Nancy Pelosi’s husband

Alphabet stock’s big day could mean a windfall for Nancy Pelosi’s husband

House Speaker Nancy Pelosi's husband, a businessman and investor, could be up big after Google parent 's stock popped Wednesday. Paul Pelosi in December purchased millions of dollars' worth of call options tied to the equity performance of Alphabet, chipmaker Micron and media giant Walt Disney Co., days banning members of Congress from owning individual stocks. There is also to limit stock ownership by lawmakers and their spouses. Members of Congress and their spouses are not barred from buying or selling stocks, bonds and other securities. But they and their spouses must file disclosures of such trades within 45 days under the federal STOCK Act. Paul Pelosi's options purchases were disclosed well within the legal timeframe in late December. While Alphabet, Micron and Disney took a beating in January amid a broader sell-off in tech names, sent its shares up more than 7% in Wednesday's trading session. That spike puts Alphabet's Class C shares up about 2.3% over the past month, well ahead of the S&P 500's loss of 3.7%. On Dec. 17, according to disclosure documents, Paul Pelosi bought 10 Alphabet call options with a strike price of $2,000 with an expiration date set for mid-September 2022. That in-the-money