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by subsubzero 1798 days ago
I am shocked that politicians are even allowed to trade options, I feel like shorting stocks and option trading should be off the table once you are elected to office.
2 comments

I think there'd be room for covered calls & married puts in a politician's portfolio. The "collar" strategy is great for preserving one's capital. They should still be managed in blind trusts, though.
Her husband is making these trades and he’s a longtime active investor and VC.
Did most "longtime active investor and VC[s]" make so much money?
Yes? The markets have had ridiculous returns in the reporting period and the spousal investments are not unusual.
Some do, some don’t. Either way, attributing Nancy Pelosi’s wealth to Something akin to insider trading, when her worth is largely derived from her husband’s investment firm, is torturing the truth just a little bit.
Unless politicians outperform the market in general…

Oops. They do.

Last year? I think in general yes, very much yes.
Last year? Hell yes.
...which is itself a conflict of interest, obviously?