"Who told you that crude oil is going to rise sharply?" Chen Wei asked Feng Lin.

"It's a vice president of Guohua Bank, and a few people had a meal together last night, and I thought about calling you for a piece, but you didn't have time. It was he who told me that crude oil is going to rise sharply. Actually, I know what he meant, he just wants me to invest some money to make that crude oil shell, didn't you say that thing is unreliable last time? I didn't promise him. Anyway, I went back last night to check and found that the international crude oil had really risen a lot in the past two days. Oh yes, I heard that there is a negative price trading policy in the United States, and yesterday they were talking there for a long time, and I didn't understand what it was, but listen to what they mean, this negative price trading has no effect, isn't it?"

Feng Lin talked to Chen Wei endlessly.

Chen Wei was roughly clear.

After another cup of tea, he said: "I don't need to be too specific with you, just tell you, we are ready to short crude oil aggressively." ”

Feng Lin was stunned for a moment and asked: "Short?" are you saying that crude oil will not only not rise sharply, but will also fall sharply?"

Chen Wei nodded.

Feng Lin also drank a cup of tea, frowned slightly, and said, "But now that the price of oil is so low, where else can it fall?"

"Isn't it a negative trade? Chen Wei smiled slightly and said.

Feng Lin's brows furrowed even more: "No, what do you mean, can oil prices really fall into negative?"

Chen Wei said: "Whether it can fall into a negative or not, I don't dare to say now, anyway, our view is that oil prices are very likely to fall." If you believe us, then follow us, if you don't, forget it. ”

"You said that you want to be short, then I must follow you to short. The point is that I just don't understand now, how can the price of oil still fall to a negative level? That means that if I buy a barrel of crude oil, not only do I not have to spend money, but the seller has to give me money? Is there such a good thing?"

Feng Lin asked puzzled.

"How to put it, this negative price trading mechanism only exists in futures. Except for the final delivery, at other times, futures do not involve physical transactions, just standard contract transactions, so whether it is a negative price or not, for the transaction of the contract, does not have much impact, anyway, the positive price is settled according to the positive price, and the negative price is settled according to the negative price, which is a simple mathematical problem. The real impact is when the final closing. If there is really a negative price, then when the futures expire and settle, it is really like you said, in addition to giving you crude oil, the seller will also give you the money backwards. But don't think you're taking advantage of it. You must know that the crude oil futures of the United States are delivered in the designated warehouse, that is to say, if you want to get the crude oil, you have to go to the United States, contact the car and ship transportation by yourself, and after the transportation back, you have to find a place to store the crude oil, the cost of this is definitely not a small amount, it is very likely that the money that the seller posted to you is not enough for you to transport the crude oil back......

Chen Wei explained to Feng Lin, and before he could finish speaking, Feng Lin hurriedly said: "Then I don't have to ship it back, I can just rent a warehouse in the United States to store it? When the price of oil rises, I will sell it directly, won't I be able to make a lot of money? It's just a matter of spending some rent." ”

"But here's the problem. As far as we know, not only the United States, but almost all countries in the world are full of crude oil storage warehouses. It's almost impossible to find a warehouse in the United States to store crude oil, and even if you can find it, the rent will definitely be sky-high. Chen Wei replied.

"That'...... Then I don't want this batch of crude oil, okay? I just need the money that the seller postes, and I don't want to deal with the crude oil as they like. Feng Lin said again.

"Futures delivery, you don't accept crude oil, how can people give you money? Really stupid?" Chen Wei shook his head and smiled.

"Then I'll go and receive it, and after receiving it, and get the money, I'll just find a place where no one is around, throw away the crude oil, and don't want it, okay?" Feng Lin said again.

"Hehe, believe it or not, if you throw crude oil on the front foot, you will receive a subpoena from the American court on the back foot. Chen Wei said.

Feng Lin also knows some laws in the United States, a futures contract is a thousand barrels of crude oil, more than 140 tons, even if you only buy a futures contract, it is not a small amount.

What's more, since you want to buy it, you definitely can't just buy one copy.

With so much crude oil, it is really not easy to dispose of it quietly on the side of the United States, and if you don't get it right, you will really receive a summons from the American court.

"So, you really can't take advantage of this advantage?" Feng Lin looked a little unwilling.

Chen Wei smiled and said, "Isn't this obvious? The United States has launched such a policy, but it is not for you to take advantage of them. ”

"Yes. Feng Lin thought for a moment and said.

"So, let's not think so much, honestly make a short fortune, maybe we can make a small fortune. Chen Wei said again.

"Anyway, those people in the bank are really not things, yesterday they fooled me into doing long, fortunately there is a great god of you, otherwise, I would have been cheated by them. Feng Lin remembered this and said hatefully.

"They may not be deliberately trying to trick you, if it weren't for the sudden launch of this negative price deal on the American side, to be honest, the current oil price is really low. There are still some experts in Guohua Bank, and they must have carefully studied the current international oil prices and felt that they could enter the market to buy the bottom, so they aggressively recruited customers to go long crude oil through their crude oil shells. However, they only see the long-term situation, but ignore the short-term technical risks of crude oil. Chen Wei said.

"I don't care about the long-term and short-term, anyway, I just know that I was almost cheated by those Wang Badan, and I really have to stay away from those guys in the future. Feng Lin said hatefully, drank a cup of tea, and asked Chen Wei again: "Then when will this crude oil be shorted? Directly short next Monday? Or wait?"

"Let's wait. If you can't wait, I have a good chance to make money here, so you can follow along first. Chen Wei said.

Feng Lin's eyes lit up, and he hurriedly asked, "What is a good opportunity?"

"As soon as the market opens on Monday, you go short Longchuang. How many are empty and how much. Chen Wei said.

Although there is a high probability that Longchuang will open low on Monday, Hong Kong stocks have no fall limit, and they are bold to go short.