Tag: SoftBank

These are the 7 technology stocks Softbank piled into via call option strategies, report says

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo


  • 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.
  • Visit the Business Insider homepage for more stories.

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

Read More

SoftBank Said to Be Near Deal to Sell British Chip Designer Arm

SoftBank’s deal in July 2016 for Arm, and its ambitions, were par for the course for Mr. Son. Months later, he unveiled SoftBank’s $100 billion Vision Fund, which was tasked with buying stakes in promising start-ups across the tech landscape, from Uber to WeWork to a company that used robots to make pizzas.

But those bets have not quite played out the way he has expected.

The Vision Fund later drew criticism for paying top dollar for sometimes questionable start-ups, contributing to a nearly $13 billion annual loss for SoftBank in the fiscal year that ended March 31. (The conglomerate said that the Vision fund has since returned to profitability as of June.)

And Arm has not quite turned out to be the home run that SoftBank had expected, with relatively stagnant sales growth and an inability to take a significant share in the internet-of-things market.

SoftBank began months ago

Read More