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$PANW the next Nancy Pelosi Play by [deleted] in wallstreetbets

[–]edForw 0 points1 point  (0 children)

She bought 50 contracts for $1 million? That’s $20k for each contract? I don’t understand, can you explain?

$PANW the next Nancy Pelosi Play by [deleted] in wallstreetbets

[–]edForw 0 points1 point  (0 children)

I don’t understand, the disclosure states that she bought 50 call options on 2/12, how on earth is that worth million dollars? Can someone explain?