64 Predators Enter
[bookid=3032268,bookname=Amphibious Special Forces]
Although Grandhouse made up his mind not to face Qiao Zhi directly, he agreed with Smith's strategy.
As a result, he also participated in Smith's tiered price blocking.
The addition of Grandhouse and Smith has brought a strong impact to the market, and the psychological price blockade line of ten dollars a barrel has been broken all at once!
Jumped to eleven dollars all at once!
Because the law of transactions in the market is that the highest price is preferred!
If the seller's quantity is sufficient, the order with the lower bid will be filled.
In this way, in this round of competition, because the seller's asking price is within ten dollars a barrel, all orders are sold.
The price starts at ten dollars and goes up to eleven dollars.
Smith was awarded 3,000 contracts for 11 dollars a barrel of soybeans and 3,000 contracts for 10 dollars a barrel.
Grandhouse got 2,000, and 1,000 each for ten dollars and eleven dollars.
As for Qiao Zhi's three people, because they are on the market, they can only get a temporary result in the seller's contract with a maximum asking price of ten dollars.
The three of them got a total of 6,000 contracts, and divided the remaining 6,000 contracts.
In this round, in terms of the number of contracts, the two sides fought to four to three, and Grandhouse won!
However, in terms of cost, the price of the Grandlou side is $10.5/poke, and the price of the Qiao straight side is $10/barrel.
The Grandlou side spent an extra half a dollar per barrel, a total of 5,000 barrels per contract, or $2,500 more per contract.
A total of 8,000 contracts, then, the Grandhouse side spent a total of $200,000,000 more!
Two hundred million!
Smith laughed at the first victory!
Grandlou followed with a haha, his face gloomy.
The highest transaction price broke through the $10 psychological barrier line and climbed to $11, and before the next psychological barrier line, the price will rise unimpeded!
This breakthrough, climbing to the peak of the price, has had a significant impact on the market.
The market responded quickly.
The first feedback is that the seller has raised his asking price to at least $11 a barrel!
There are even more aggressive sellers, raised to twelve dollars!
This reckless person is actually a scalper.
He did this, of course, not because of his own attention, but because he was directed by Joe.
Qiao Zhi's purpose in doing this is to test the water and see how big the market's ability to bear the price is!
The scalper himself does not have a soybean contract, and by doing so, he is actually selling short!
During the market upswing, there was a huge risk, and as a result, he sold only ten contracts.
However, it doesn't matter how much it is, once the deal is sold, even if there is only one contract, it is the highest transaction price!
Those asking prices and giving prices, even if they are in the thousands, are not as important as the actual transaction price.
I think that those asking prices and giving prices are just a concept, and only this transaction price is the actual price in reality.
Naturally, the risk of short selling by scalpers, with Qiao Zhi's actual contract in hand, was also fully offset.
No matter when, as long as Qiao Zhi still has ten contracts in hand, those ten contracts will be offset no matter how high the price is.
The second piece of feedback followed.
The major funds are in!
What can attract their attention is generally a bull market, and it is not a relatively stable bull market, and they will not really pay attention to it, and they will not invest their money.
Above the eleven dollar mark, the mutual fund puts in its first order.
A big fund is magnificent, and an order is 10,000 contracts!
And their price, which is also the embodiment of a very high strategy, is a minimum appreciation ladder higher than eleven dollars.
The unit price per barrel is $11.0625.
The exchange stipulates that the minimum float is one-sixteenth of a dollar.
In this way, spending more than $300 per contract will ensure that the contract will be in hand, beating those who are offering at $11.
With the entry of major fund organizations, the war in the agricultural and sideline products futures sector has escalated suddenly!
It's not just soybeans that are affected!
The rise in soybean prices will inevitably affect soybean oil and soybean cake, which are by-products of soybeans!
Their prices have caught up almost at the same speed!
It's all grain, soybeans are bullish, aren't wheat, barley, corn, and rice suffering from the sky haha?
Naturally, we also share blessings and difficulties!
As a result, the prices of these food crops have also caught up.
A large part of these things are used as feed, and the price of feed has risen, and there is no reason for livestock to maintain the original price of feed, right?
So the price of pigs and beef cattle has generally risen!
Even cotton, timber, etc., also hitched a ride and followed the coaxing.
This diversified type of futures, all the futures in the same sector have generally increased in price, giving a variety of futures customers an excellent opportunity to see the money shining brightly in the uncertain future.
As a result, they brought a huge amount of wealth, a combination of funds, to participate in the feast of the agricultural and sideline product futures market.
Some of them are long, some are short, and all in all, overall, the buyers are stronger!
Qiao Zhi didn't care about that, just tested the water a little bit, and by noon, the soybeans had risen to $15 a barrel!
Among them, the number of contracts that Qiao Zhi participated in to test the water has been maintained at the number of ten contracts.
I thought that after he sold, the next transaction was to buy again!
Buy in, then sell at a higher price!
And all his other contracts were held until noon!
While the scalper made a cameo appearance in the soybean market, he also kept an eye on his weather sector.
Since those original buyers have also become buyers, weather futures have completely become a seller's market!
Whoever has a contract can pinch the pulse of the market!
And at present, Qiao Zhi is the only one who has this ability!
All 10,000 contracts are now in the hands of scalpers!
At the beginning, he was originally sitting firmly in the Diaoyutai, no matter how eager the buyer was to buy even one contract, he was indifferent.
Later, inspired by Qiao Zhi's approach, he also threw out a small amount of seller orders, with only two contracts!
But the price was five degrees higher than all the offers! That's five hundred dollars for a contract.
Such a test of the waters, as soon as the order was sold, it was immediately snatched away.
Knowing that at noon, his selling price has increased by 40 degrees!
An impossible height!
Add in the basal temperature, and that's already 105 degrees Fahrenheit!
At this time, noon has arrived!
For others, there is nothing special about this, just continue to do what you have to do, and the exchange does not rest at noon until 4 p.m.
But at this time, it is a turning point for Qiao Zhi's trio and for scalpers!
That marks the beginning of a harvest season!
How much money you make depends on how you sell all these futures contracts in the afternoon!
[bookid=3032268,bookname=Amphibious Special Forces]