Nancy Pelosi Exercises $AAPL Call Options: Will Likely Dump Shares In Open Market Over Next 3-6 Months
On March 17th, 2023, Nancy Pelosi, the queen of day trading exercised 100 call options on Apple Inc. AAPL -0.23%↓. The options were purchased on May 13, 2022 when the stock was trading for around $140 per share. All in, the queen herself likely generated a $200-250k return for herself, nice.
However, could Nancy be preparing to sell AAPL -0.23%↓ shares in the open market over the next 3-6 months given some telltale signs that look crystal clear. Some of these warning signs include:
Insiders selling in the open market
Apple’s largest competitors decreasing their guidance
PC Shipments crashing
These are just a few signs that Nancy could be prepping to dump the stock. Read on to find out more & how you can play it.
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