Chapter 38 Small Profits
The time slowly came to 10 o'clock in the morning, and the price of sugar 05 fluctuated slowly up and down slightly, but Lei Hao was very hesitant in his heart, he wanted to increase his position.
The minimum margin in the sugar futures market is 6%, and due to the common restrictions of the delivery period and account attributes of the sugar 05 contract, Lei Hao can use 10% of the margin to trade the sugar 05 contract at the maximum, and roughly calculated, he can buy up to 5390 contracts, that is, 53900 tons.
Lei Hao will not go to the full position operation for the time being, this is the futures market, if he dares to open a position to the limit, once the price fluctuates greatly, it is likely to be forced to close the position, besides, the position is too large, and the 10% loss amount will be easily used up.
But knowing that the market would rise in the future, Lei Hao was unwilling to only open a position of 1,000 hands, he wanted to get more.
"With a 10% limit, I can lose up to 3 million, divided by 4% and divided by 5565, I can open a maximum position of 1347 hands, this position, even if it falls to the limit, the project will not lose 10%, then ......"
Seeing that the market didn't move much, Lei Hao opened his mouth and instructed Zhao Lichen: "Increase your position, add 347 hands, and go long." ”
"Okay." No matter what his opinion of Lei Hao was, Zhao Lichen would never hesitate at this time, and he directly set out to increase his position.
But the number of 347 lots is so weird that anyone who engages in a collective asset management plan will accurately reduce the position to a single digit.
Zou Yanrong and Lin Lirui did the math, and suddenly discovered Lei Hao's purpose, and suddenly the whole person felt very weird.
1347 hands, for Lei Hao is a full position operation, if the day falls to the limit, tomorrow even if it falls by another 1 yuan, the loss of the entire project will exceed 10%.
"This madman." Zou Yanrong almost wanted to say this.
"That's handsome." Lin Lirui was excited, she felt that Lei Hao was like a general, and he directly let the whole army charge with a wave of his hand, which was simply too MAN.
Lei Hao ignored the thoughts of the two people, he stared at the computer screen tightly, waiting for the market to change.
"5568, it's up a little bit."
"5570, it's still rising."
"5572, 5575, 5576, 5576, in a stalemate, the number of jù faces is not good."
"5575, currently profitable."
After Zhao Lichen increased the position to 1347 hands, he also understood what Lei Hao meant, and his mood was a little agitated.
People in the securities industry are stunned by the full warehouse, Zhao Lichen really doesn't think Lei Hao has much ability, but at this moment, he is completely convinced of Lei Hao's courage.
With Zhao Lichen's offer, the atmosphere on the scene gradually became tense, and every 1 yuan in the price rose and fell, representing a profit and loss of 13,470 yuan, and people with a bad heart couldn't bear it at all.
"The cost price is 5566, the current price is 5575, and the state is profitable."
"Count jù noodles for the better."
"5580, 5582, 5585, it's rising, it's rising! 5590, it's still rising! It's still rising! ”
Suddenly, Lei Hao saw that the price of sugar 05 had been breaking upward, and all things like jù noodles had lost their effect, he immediately understood, turned his head to Lin Lirui and said, "I want the latest analysis report of the head office, go find it, take it!" ”
"Okay, manager." Lin Lirui's face was flushed, and she was also very excited when she saw Lei Hao reaping the first wave of profits, so she quickly sat down and clicked on the keyboard, and then quickly ran to the printer to print out the data.
"No, no, Zhao Lichen, continue to increase the position, double, no, increase to 5,000 hands! Ignore the price, add me to 5000 lots! After a cursory reading of the latest information, Lei Hao's voice became a little hoarse, but his meaning was still clearly transmitted to Zhao Lichen.
"Good!" Zhao Lichen was completely excited, as a trader, it is very lucky to meet a bold leader, which means that he can do his best, if he encounters Lei Hao, a madman-like operation, then as long as he succeeds once, it is enough for the trader to remember for a lifetime.
At this time, Zhao Lichen knew that he might have encountered a situation that would be remembered for a lifetime, and he actually wanted to buy 5,000 hands of sugar 05 contracts with a principal of 30 million, which was crazy.
At the current price of 5590, 5,000 lots is close to 280 million, and 30 million divided by this figure is 10.7%, that is, they are operating with close to 10 times leverage.
"The cost price is 5570, 5575, 5580, 5583, the first 1347 hands are 5565, the last 3653 hands are 5590, the total position is 5000 hands, the cost price is 5583, the current price is 5590, and the profit is in a profitable state."
Listening to the figures reported by Zhao Lichen, Lei Hao didn't have to count it himself at all, all the numbers were undoubtedly revealed, and he currently made a profit of 350,000.
Coupled with the original loss of 3 million, Lei Hao now has a total loss of 3.35 million, and his position is 5,000 lots, which is 50,000 tons, that is, he can accept a loss of 67 yuan per ton.
Will sugar 05 fall to 5523? Lei Hao thinks it's impossible, although 67 yuan is only a 1.2% drop for white sugar 05, but what does it mean in those materials?
The people at the Meteorological Bureau believe that there will be rain for three days and clear after three days, and the weather will not have a negative impact on sugarcane production, and even if there is, it is very small.
Lei Hao couldn't help but praise the people of the Meteorological Bureau, this group of guys is back to the pot again, what will turn sunny in three days, and the future information shows that the rainy weather will continue until April 6th, and it will continue to trend.
"Maybe the Meteorological Bureau can only conclude from the current information that it will turn sunny in three days, but the weather is changing, clouds, wind and other factors change, maybe they will change their words, so to speak......" Lei Hao was a little excited: "As the weather changes to the bad trend, the price of sugar futures will rise, and the Meteorological Bureau may change its words at any time, and this time difference is an opportunity to go long." ”
Seeing that the price of sugar 05 was hovering around 5590, Lei Hao's attention was completely focused on the weather situation, and he knew very well that it was impossible for the Meteorological Bureau to deceive the financiers of the securities industry.
There are very few ways for them to make extra money, and the participants in the futures market of agricultural products in the securities industry are the absolute big financiers, so when the securities industry needs information, the Meteorological Bureau will soon give it over, and it will definitely not lie.
However, due to the limitations of the technical level, the Meteorological Bureau did not take the blame once or twice, and they could only guarantee that the owners would get the weather information earlier than ordinary people, and then take advantage of that time difference to make a profit.
Lei Hao could have gotten first-hand information through Guò Yingyi Securities, but he was different from others, how could the future information be reliable in what the Meteorological Bureau said, and when the information on both sides was diametrically opposed, Lei Hao must have believed in the future information more.
Others have no future information, and open a position of 5,000 hands, involving nearly 300 million funds, which is not a small matter in a company like Yingyi Securities, when Lei Hao's position is known, the risk control department of the head office immediately called Qiu Yuting to ask.
Zhao Lichen, Lin Lirui, and Zou Yanrong also recovered from their excitement, they didn't say anything, but they all doubted this decision in their hearts.
Without Lei Hao's knowledge, all kinds of doubts were coming to him.
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