612 The Nine Governors echoed

Volume 2 got Brother Tong, Brother Tong 612, and the nine governors echoed

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The first governor to punch turned out to be the governor of Xinke, Wu Rendi!

He was appointed governor of South America, and he was just getting started, and he didn't even have the personnel together.

But he has two major advantages.

One is to understand the situation, he has been involved from beginning to end, although the participation process is not high.

However, he is a professional in commodity exchange and is proficient in these things.

The other is that he is a merchant and quickly figured out the demand status of the entire territory.

The nature of a businessman is to make money-making business opportunities everywhere, and now that his buddies are engaged in copper futures, he naturally wants to help.

In addition, he was with Moon Gongzi, and Moon Gongzi decided that the nine governors would go together and buy copper everywhere in the world, so of course he had to take the lead.

Moon Boy knows how to use talents!

Immediately, this invigorating market was handed over to 10,000 enemies as a temporary task.

At the same time, he issued instructions to the other eight governors, saying that if there are specific problems that you don't understand and are not familiar with the business links in this global copper buying activity, you can ask Wu Rendi for help.

Wu Rendi suddenly got this heavy appointment, and immediately became energetic, and swore to drop ten catties of fat to ensure the completion of this matter.

Wu Rendi made a calculation.

South America has a total population of 500 million, and if no one consumes an average of 1 kilogram, it is 500 million kilograms, which is of course 500,000 tons.

If no one consumes 10 kilograms, it's 5 million tons.

Wu Rendi also discovered the fact that although this area is rich in copper, the common people do not use it much.

The reason for this is that there is widespread poverty here, and the copper ore and copper produced are exported to other countries.

Therefore, consuming 10 kilograms of copper per person a year is not empty words.

This 5 million tons is the first year of consumption, and of course it will continue in the future.

Under normal circumstances, next year's consumption, just buy it next year.

But now the situation is not normal!

In order to support your buddies, of course, you have to buy more.

It is estimated that it will not be able to buy at all, but it will put pressure on the market.

Even if you do buy it, it doesn't matter, at most it just adds to the inventory backlog.

If the metric system is converted into futures contract units, then it is one copper futures contract per two tons, which is 25,000 pounds.

Wu Rendi made a decisive move and ordered a 5 million contract for Industrial No. 1 Brass!

Impressively made his name as the Latin Governor!

It is said that this Latin America is going to be beaten by South America, but South America is the main part of Latin America.

Latin America encompasses all the countries of the Americas south of the United States.

The 5 million contract in Latin America has dropped a total bunch bomb on the market!

The bomb stunned many people.

This order has a double meaning.

The first is that in terms of quantity, in the already stormy market, plus 5 million tongs, greatly worsening the supply shortage of the market.

The second is psychologically, making it more difficult for them to digest! Latin America has always been a huge supplier!

Now a buyer too?

Isn't this all messed up?

This order has caused an explosive impact on the market.

The copper futures market rose from barely sustaining $2.5 a pound to $3.5 at once, and the price soared by $1!

At the same time, the price of the put option also erupted in tandem and increased by one dollar!

This is a very abnormal phenomenon!

Generally speaking, an increase in the price of futures must also cause the price of options to rise, as long as they are in the same direction.

However, the upside of this option is lower than that of futures.

The main reason is that options and futures have different expiration dates, that is, in general, options are one month shorter than futures, which means that its potential is not as great as futures.

If futures increase by $1 and options increase by 50 cents, that's pretty good.

Because fundamentally, if the market is stable, the price of the option will decrease every day, which means that the time factor in its price decreases every day.

Anyone who plays options knows that the price of an option reflects two factors, one is time, and the other is the true difference in futures.

Wu Rendi's hand has affected more than just market changes.

Its impact is even more far-reaching.

The most severe impact is to trigger all on a large scale!

The most stringent area is the copper selling option, because its price rises in tandem with the futures!

The selling price of those options, at most, is 50 cents, and most of them are between 10 cents and 20 cents.

The original price increase has offset all these revenues, and the original mortgage payments have been eroded, leaving little left.

Whether it's been all or not before, it's basically at the same level now, triggered together!

The level of triggering this time is not trivial!

Even if it is a pound of $1, it will only equal the loss caused by the increase in prices.

But now the agents have become frightened birds, where can they be appeased by charging only one dollar?

So they have revised the current regulations and increased the proportion of mortgage payments!

Therefore, the additional mortgage and the mortgage increase together are a total of $1.5 a pound.

As a result, the amount of an option contract increased to $37,500!

However, when they got this contract, they only needed $2,500!

How can they pay for this 15-fold increase?

It is estimated that as soon as this payment notice is issued, it will cause an unprecedented tragedy.

However, before this notice could be issued, the market began to fluctuate violently again.

A new large seller order has arrived!

This time it was the Governor of Africa who did it.

Tianxian's purchase order is a 10 million contract.

How is this quantity determined?

Tianxian's idea is very simple!

It's a simple comparison with Latin America.

In business, of course, he is not as good as Wu Ren's enemy, so he might as well learn from him.

In terms of population, I am twice as much in Africa as you are in Latin America!

When it comes to poverty, where is my greater Africa?

When it comes to money, I have more pockets in my pocket than any of you!

In a word, we're really not bad for money!

So, after he learned about Wu Rendi's order, he immediately followed the cat and the tiger, but the number was multiplied by 2 and sent out.

This order immediately went to the normal channel and was reflected in the market!

The consequences are even worse than orders from Latin America!

Because this order is not only huge, but also from the poorest black Africa in the world!

With so much copper being consumed there, is there a new use for brass?

In other words, what new trend, new fashion, new standard has copper become?

Otherwise, how could those black brothers, who are usually isolated from the world, be so zealous in courting?

Everyone was in a mess, not knowing what was going on in the world.

However, no matter how headless people are, the market has a clear direction!

Just on top of what just now, jumped two dollars a pound again!.

(To be continued.) )