Pelosi's Spouse Purchased Bloom Energy and Intel Options Weeks Before Cramer Highlighted Call Buying
Jim Cramer highlighted unusual call buying in a basket of tech and energy stocks, including Sandisk, Bloom Energy, Intel, Micron, SK hynix, and AMD. His comments raised speculation about the return of an influential market player. A previously filed House transaction report revealed that Nancy Pelosi's spouse had purchased Bloom Energy calls worth up to $5 million and added Intel options in late July 2026. Bloom Energy surged by nearly 49% over the following weeks, while other stocks in Cramer’s basket showed mixed performance. Sandisk fell 6%, Micron dropped 4%, but AMD rose 8%. The report also noted that Bloom Energy had gained more than 300% year-to-date as of September 2026. Cramer suggested the call buying might be imitative rather than from a single large buyer. Flex calls, which allow for customized strike prices and expiration dates, were used in these trades to gain exposure without committing at current market levels.
Topics: Bloom Energy flex calls insider trading Intel Jim Cramer