US Politician's Call Options Surge 210% in the Most Suspicious Trade
US Politician's Call Options Surge 210% in the Most Suspicious Trade
Tommy Tuberville, a prominent figure in US politics known for his active stock trading, has consistently traded in large volumes. In October 2023, he made a notable move by purchasing call options for Louisiana-Pacific (NYSE: LPX) stock at a $70 price, expiring on May 17.
LPX Earnings Surprise
The stock surged by an impressive 62.56% since the purchase, with Louisiana-Pacific reporting an earnings surprise of $1.53 per share in the latest quarter.
Stock Performance
LPX stock surged 20.79% in the latest trading session and shows a YTD increase of 26.40%.
The Alabama Senator's investment in LPX has proven to be a financial success story, closely reflecting his role on the Senate Committee on Forestry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.