576 Two hundred thousand contracts were grabbed
Volume 2 got the copper brother and the copper brother 576 200,000 contracts to grab it
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"Brother, what's the problem?"
Qiao Zhi turned around and asked. ββοΌ
"Time! You place an order now! Do you know? Go with the market price, the key is time! That is, in order to grab time, you use this quotation method! Once you use this method, that is, your orders must be all filled, and it will be the turn of others, for example, if you place an order of 100,000, and there are only 99,999 quotations in the market, then it will all belong to you, and everyone else will stay on the side!"
McKe quickly explained to him, hoping that Qiao Zhi would grasp the essence.
Qiao Zhi immediately understood, and said happily: "Isn't that great?
Mai Ke scolded: "You idiot! Someone else is waiting for you? The first person may be someone else! Stop being verbose, hurry up and place an order! Don't worry about those new accounts! The existing accounts are 100,000 per account, and the market price will be used to ensure that nothing goes wrong!"
This time, Qiao Zhi really understood, snapped his head, and immediately rushed to Nudu's room, and said to Nudu and the scalper: "Come on, let's operate together, pass our three accounts, and place orders together, each of which is a hundred thousand contracts, and the accompanying market price!"
Nudu and the scalper came over together and touched Qiao Zhi's head.
Qiao Zhi said angrily: "Why don't you go to log in to your account and touch my noble head?"
The two of them hehehe: "Just to see if the boss has a fever, is that 100,000 yuan order nonsense! Are you sure it's 300,000, not 30,000? Also, are you sure it's the market price with you, not a definite price, such as 10 cents! And the negotiated price is still 25 dollars a pound, the same quality of copper, right?"
"Yes, yes, do it!"
Seeing that Qiao Zhiyi was normal, Nudu and the scalper logged into the account in two clicks, and then quickly placed an order.
It takes less than a minute from start to finish.
Because the current trading system has canceled the traditional trading platform, there is no manual operation of the exchange program, and all of them are computer pairing, that is, as long as your order has been successfully submitted, it is already in the market, that is, the contract in the system, it will be paired with the order immediately, and the transaction will be completed in minutes and seconds.
Although Qiao Zhi is not as skilled as Nudu and scalpers in business, he is more skilled in computer technology, so the speed of completing orders is as fast as the two of them.
The existing put option contracts in the automated system waiting to be bought were quickly eaten up by these three orders.
Because the previous large deal was at the 20-cent mark, the vast majority of similar contracts are adjusted to this price.
As a result, the vast majority of the three orders were sold at 20 cents, which is no longer at this price level, and it is about the same, and some are more, some are less, and in general, the average price is 20 cents a pound.
The three of them checked the number of deals again.
Nudu's U.S. market has 80,000 contracts!
In the London market, 60,000 were also sold!
The Tokyo market is 60,000 too!
In just over a minute, the contracts of the immeasurable consortium increased by 200,000!
When a few people looked at the dollars spent, they also reached a rather astonishing figure, which greatly exceeded the limit set by Qiao Zhi at the beginning.
This time alone, it is $1 billion.
Several of them are masters of accounting and immediately calculate an account.
If the price stays at its current state or rises back to the agreed price of $2.5 on the delivery date, then this crazy trade just now loses $10.
In one minute, they sent out $1 billion with their three fingers, a veritable golden finger.
However, this is not to earn in, but to send out.
The good news is that the $1 billion is the maximum loss.
That's why Joe values such a deal.
There is a limit to the loss.
And there is no limit to the room for profit.
Of course, this unrestricted is only theoretical, and in practice, it is impossible to raise the price of goods indefinitely.
And this profitable space is the imagination area of a few people's joy.
This happy resemblance zone is the area beyond $2.5 a pound.
For example, just over one cent.
Then a contract is $250 and a 200,000 contract is $50 million, with a profit rate of 5%.
What if it's more than 10 cents?
Then all the numbers are ten times the size of a penny.
So one contract is $2,500, and 200,000 contracts are $500 million, and the profitability rate is 50%.
What if it's more than a dollar?
That's 100 times more than one cent, 10 times more than 10 cents.
Then the profit of a contract is $25,000, and the profit of a contract of 200,000 is $5 billion, and the profitability rate reaches 100%.
^β¦β¦
What if it's over $10?
The profit of that contract is $250,000, and the total profit of 200,000 contracts is $50 billion, and the profitability rate reaches 1,000%!
So is it possible to exceed $10?
Rationally speaking, it's unlikely.
However, market changes, especially huge ones, are out of the channel of rationality.
Historically, though, copper has peaked at US$6.25 per pound.
If it reaches this price, it is more than the agreed price of $3.75.
Then the profit of one contract is $93,750, and the profit of twenty contracts is $18.75 billion. The profitability also reached 375%.
Several people were immersed in the reverie joy area for a while, and hurried out to face reality.
Joe told the two that he was going to Peru to do some field trips, and instructed Nudu and scalpers to keep a close eye on market changes, especially their accompanying orders, and 100,000 more, to see how well this order was completed, and then decide whether to add orders and when.
After a pause, Joe told SΓΉ Nudu directly that when there were still 30,000 left in those orders waiting to be filled, he would immediately contact him to discuss countermeasures.
After speaking, Qiao Zhi took off into the air.
Nudu knew that Qiao Zhi was flying flat, but the scalper didn't know, he saw Qiao Zhi flying freely, driving like the wind, his eyes were straight!
I'm so envious!
Nu came over and patted him on the head: "It's work!"
From Chicago to Peru, to fly south, across the equator, about more than a thousand kilometers, at the beginning, Qiao Zhi originally wanted to go by himself, just flew a while, he felt that he was too boring to go, and there was no one to discuss, so he decided to find a few more people to go with.
He made a detour and returned to New Jersey to call the sheep breed.
Not only did he arrest Ding, but he also asked for a means of transportation.
This is a small stealth airship that can carry ten people, and it is not yet discoverable by existing technology on Earth.
Then they returned to Florida, where they captured three dings.
It's Moon Gongzi, Wu Ren's enemy, and Jiang Yidian.
(To be continued.) )