SoftBank has made a $4 billion gain on US tech stocks in a matter of months

by Daballoti. Posted on Sep 11, 2020    2    1


SoftBank was unmasked as the "Nasdaq whale" behind huge volumes of option buying in recent months. The company mostly bought call options — bullish derivatives granting it the right to buy the stocks at a certain price in the future. The conglomerate could continue "gobbling up" options, a person familiar with SoftBank's trades said.


Comments

LavenderAutist 1

It's an estimated paper gain