Senator Tommy Tuberville, a former football coach with a degree in physical education, made unsuccessful options trades against companies he legislates, including $TSLA and $X. His $TSLA puts expired nearly worthless as the stock rallied past $250. He also bought $20 puts against $X, the United States Steel Corp, for $15k. This has raised concerns about potential conflicts of interest as he sits on the Senate Commodity Subcommittee, which oversees the steel industry.
Another blatant "How is this legal" trade Not only did Sen. Tommy Tuberville buy Puts on US Steel He also sits on the Senate Commodity Subcommittee which directly oversees the steel industry It's illegal for athletes to bet on games, but legal for Politicians to bet on… https://t.co/BxGbIIX4nC
$TSLA call buying program 252.5C 255C 257.5C 260C
I love the "target price change precision" (from $957 billion to a mere $953 billion) from this idiot $TSLA pumper... It ALMOST makes his nonsense sound legit! https://t.co/Hfhx4F0aS9
Between May and October 2018, @elonmusk spent $45M on open market $TSLA stock purchases at an average cost of $22/share. They're worth $515M today; a 1050% return (relative to a 110% return of the Nasdaq over that period)
BREAKING: Senator Tommy Tuberville has just released NEW option trades against US companies. He just bought $20 puts expiring June 6, 2024 against $X, the United States Steel Corp, for $15k. He also closed or sold puts for $ABBV, $BMY, $AMAT, $AMAT, $MCHP, $OXY and $MSFT https://t.co/VVpZNXLK9R
Senator Tommy Tuberville is one of the most prolific derivatives traders in Congress. He must have an extensive background in finance before politics: - Degree in PE (physical education NOT private equity) from Southern Arkansas University - Football coach - Started TS… https://t.co/LM4QTzjibH
Senator Tommy Tuberville bought puts against Elon Musk's Tesla in November. He bought $50k in $TSLA $190 puts. He also got options in $TXN, $KO, $X, $LPX & $AMAT. A US Senator had leveraged positions over companies they legislate. The puts, though, expired nearly worthless. https://t.co/8phDfOhlqP
$TSLA | Elon Musk Has Last Laugh? Senator Tommy Tuberville's Tesla Short Bet Backfires As Stock Rallies Past $250 https://t.co/kAxW8zPK5x