587 Follow the trend
Volume 2 got Brother Copper, Brother Copper 587 followed suit
Next chapter
At this time, in the world futures market, the most uncomfortable people are the customers of the Tokyo Stock Exchange.
Because they can only be spectators, even if they are originally players.
Players can only watch, not play, which is an extremely depressing thing.
Not to mention New York, USA, even the copper options trading in London also caught up with a tail, but they had the opportunity to stage the final madness in fifteen minutes. Seeing this, those futures traders in Tokyo were so anxious that they jumped to their feet.
They can only be anxious and watch others have fun.
At this time, the Tokyo Futures Exchange was closed.
These people are ruthless, and when they are depressed and unwilling, they place orders fiercely!
Although these orders cannot be filled now, they can be executed as soon as the market reopens.
Because their hearts are depressed and uncomfortable, they all have to vent and do something to relieve their hatred.
Therefore, the orders placed are all irrevocable orders.
It means that I was supposed to realize my plan at that time, but the market was closed and I couldn't realize it, so the order I placed was the same as I had envisioned at that time, but there was a delay in time.
Of course, only I can't, the formation of the market is both buyers and sellers, only I have a seller order is insufficient, there must be a buyer's order matching, in order to achieve.
That's not a problem, though.
Because if there were no such buyers, even if the market was open at that time, there would still be no buyers, and I still wouldn't be able to achieve it.
Those Tokyo players understood the reason, so they placed an extremely large number of orders, all of which were sold to sell the put options.
That is, they can receive the money, and as long as the price on the delivery date is at or below the agreed price, the money they make from selling the option becomes their profit.
Because there are so many people who want to be sellers of options, many people start to create new option contracts.
Anyway, it's not that the market is trading in a timely manner, and they are not too anxious, and the negotiation and exchange of opinions can be done when Founder leaves the market, as long as the market is done well before the next market opens, and the order is placed.
In fact, they can not go to the futures market for such transactions, they can exchange with each other, and then settle according to the results.
But the biggest constraint is not the fear of not keeping promises, but the absence of buyers.
Because everyone looks at the same market changes and feels the same opportunities, they all feel that as long as they can sell, how much they sell is how much they make.
Everyone sells, no one wants to buy, and this becomes a one-sided market.
So they can't solve it internally, so they have to go to the futures market and wait for those fools who think differently than them to come and give them money for nothing.
In this way, although the Tokyo Stock Exchange was not open for business, the irrevocable seller's orders accumulated with an incomparably ferocious momentum, and in less than an hour, it reached a frightening height, exceeding 100,000 contracts.
However, they are still more reliable, and they want to sell at a relatively low price of only 10 cents, and the negotiated price has been adjusted accordingly, only $1.5 a pound.
Unlike the Tokyo Stock Exchange, the New York Stock Exchange is very busy right now.
Unlike London and Tokyo, where they have few local users and not too many international customers, the New York Board of Trade not only has a large number of local customers and abundant capital, but also accounts from all over the world come here to speculate.
The main attraction is that this exchange is grand enough, with few restrictions, and you can do it freely.
Therefore, the New York Board of Trade (NYB), said to be an American exchange, is essentially a worldwide futures trading theory.
For example, Peru and Chile in South America are its big customers.
In addition, China Minmetals' headquarters in South America is also a major customer.
Therefore, the news that CBS's copper mine has a bonanza is the New York Board of Trade that has been hit the hardest.
This CBS is none other than the copper mine of the copper brother and the copper brother.
With the industry, of course, they could no longer use that natural combination as a name, so CBS became the company name of the two brothers.
Among them, c is copper, which is copper in English, b, which is brother, and s, which is the plural of brother, which represents the meaning of two brothers.
Therefore, CBS is still a copper brother and a copper brother.
Prior to this, the futures market in the United States had continued to decline, from the spot price of 2.5 a pound to $1.5, and at this level, many people were already under the illusion of a bull market.
Since the price has no chance of going up, then $2.5 a pound will never go back.
Not to mention $2.5, even $2 is out of reach.
At this time, whether it is $2.5 or $2 for the agreed price of the sell option, it becomes a money machine!
As many people want to buy, as many people want to sell!
If necessary, the seller's people can form a new hybrid contract in various ways to meet the buyer's needs and collect more money for themselves.
In a market, the real contracts based on actual supply are limited, for example, the annual output of the world is 1 million contracts, and even if all these contracts are listed on the futures market, it is only 1 million.
And there are a significant number of them that don't go at all.
As a result, these yield-based put options would have been sold out long before the CBS shockwave arrived.
Those that can continue to be sold are those contracts that have been detached from the basis of futures.
In other words, it is the contracts that those investment managers and fund organizations have artificially created zĂ o.
Since their profession is in such an investment field, they have the right to legally make these contracts, and of course in their terminology, this is the investment opportunity they offer, that is, the opportunity to make money.
As soon as they came up, they immediately stimulated the New York futures market into a new hot spot!
If it used to be hot, now it's completely boiling!
For example, an investment predator called "Reborn Lehman Brothers", I don't know if it is related to the Lehman Brothers that has faded out of the market, even if it is related, I don't know what the relationship is, anyway, it is a picture of money and magnificence, and their own family has 100,000 contracts!
The negotiated price is 1.5 pounds, and the option sells for 10 cents!
This huge number of contracts was naturally swallowed up by the immeasurable consortium in one bite!
Immediately afterwards, the Morgan consortium went upstairs and made a big deal with a 200,000 contract!
The terms and prices are exactly the same as those of Lehman Brothers Reborn!
Nudu hesitated, remembered Qiao Zhi's instructions, and ate it again!
The giants have taken action, and those small and medium-sized investment management companies naturally follow suit, because their investment principle, the golden rule of all investors, is to follow the trend.
Follow those predators!
The sky is falling and the big one is on top!
Even if you are wrong, following the predator is the best reason to make a mistake, and no one will hold on to it anymore!.
(To be continued.) )