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Does anyone have a link to a good study or discussion, or happen to know, why Pelosi seems to favor ITM LEAPS vs. long equity? It seems like she usually ends up exercising the calls at some point as well. I get that the easy answer is insider info but a lot of her success comes in megacap tech, which has done extremely well over the last decade, but at what point did she (more likely her husband) decide that most of their allocations would be in the form of ITM LEAPS.

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