PietKeizer schreef op 5 september 2020 18:49:
wel n interessante , dit commentaar op hierboven gepost linkje/ artikel in de FT:
At first sight Softbank seems to be a kamikaze like strategy, buying calls in a white hot market, cornering market makers forced to buy underlying. But in an uneducated guess, this move by Softbank could be a cunning "exit strategy" from a frothy market detached from fundamentals.
An alternative narrative of this investment/divestment strategy would be: buy calls, start an underlying price increase loop, cornering options market makers with a puny sum of money compared with the underlying, and, in the meanwhile, sell the underlying, empty your portfolio.
This would be a smart alternative to direct underlying equity sales which would exert a price pressure, for not to speak about the signalling effect.
In a nutshell, looking bullish through long positions on calls while selling the underlying.