SoftBank Reconsiders Trading Strategy That Hurt Shares
Bloomberg.com
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SoftBank’s recent trading has focused on seven technology companies, one of the people said: Amazon.com Inc., Adobe Inc., Alphabet Inc., Netflix Inc. and Salesforce.com Inc., in addition to Microsoft and Facebook. It typically bought out-of-the-money call options to benefit if share prices rise and then sold even higher priced calls, one of the people said.