- After being identified as the “whale” behind a series of option trades in technology stocks earlier this month, the SoftBank Group is now reconsidering its strategy, Bloomberg reported on Friday.
- The firm met with investors to explain that its option trading strategy is somewhat conservative and is only in blue-chip tech stocks.
- SoftBank employed a strategy of buying out-of-the-money call options on tech stocks, and selling even higher priced calls on the same names, according to the report.
- Here are the seven technology stocks SoftBank piled into via call options, according to the report.
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After being identified as the “whale” behind a series of large options trades that raised eyebrows among investors earlier this month, the SoftBank Group is reconsidering its strategy, Bloomberg first