Chapter 670: White Heat
"What is the difference between 0703 and 0704 now?"
Since the first two days began to quietly enter the market, the atmosphere within the Thunderbird company began to be tense, every day as soon as the stock market opened, many traders, gathered in front of their respective workbenches, stared closely at the computer screen in front of them, looked at the curve chart above, and then they were paying attention to the trend of natural gas prices in the market.
This time, they were playing against the famous Amarans, of course, except for a few bosses who seemed to be full of confidence, the others were quite apprehensive.
Although the company has been established for more than a year, everyone has indeed won several battles and made a lot of money under the leadership of the boss. But this time, they did go independently to fight the behemoth in the natural gas market of Amarans, and the size of the people was more than twice as big as that of Thunderbird, so these traders were inevitably very worried.
At this time, Brian, who had just come out of Jin Xiaoqiang's office after a morning meeting, asked loudly to the team members who were staring at the market changes as soon as he returned to his office area, and several people immediately reported a set of data.
"Boss, now the difference between 0703 and 0704 has been widened to $4, Amarans has just smashed down a $300 million order, and other 3M funds, as well as San Diego, there are also some movements, so there are many people who follow the trend, and now the difference between these two contracts has a tendency to be widened."
One of Brian's henchmen, reported to him in a summary manner. Brian waved his hand for him to step back first, then walked over to his desk, staring at the three connected computer screens on his desk.
Looking at the upward curve of the price difference between the two contracts on the screen, Brian was a little angry. But when I thought of the boss and what I had just said to myself and Huang Guotao in the office, I was immediately relieved, and the spark that had just come out disappeared in an instant.
Hehe, I see that you can still be arrogant for a few days, and now it's August 15th, but it's in the Gulf of Mexico. There is not much news of the formation of a new tropical storm.
It seems that this year it seems that God is back on the side of the United States, and people can continue to sing God bless America, hehe. Do you still want to gamble with God without knowing whether to live or die?
I'm just waiting to see the day when you lose your face and pants!
Just after the Thunderbird company began to enter the market, their move to sing against Amarans with such fanfare was obviously infuriating, Brian Hunt, who had just advocated the prospect of the natural gas market at the calcium carbide plant!
Thunderbird Company quietly entered the market, and it was one billion as soon as it was sold. Specifically sang against Amarans, and immediately returned to the reasonable price of $2.5, which had just stabilized, and the difference between the 0703 and 0704 contracts was further narrowed.
When the Thunderbird company spent this billion. The spread between the 0703 and 0704 contracts for natural gas futures in the New York market has narrowed to around $2.0.
You must know that this time is because it is close to August and September. This is the time of year when hurricanes are more frequent in the United States. Because of the relationship between Hurricane Kotrina last year, all the investment institutions active in the natural gas market are carefully observing the situation, and generally they will not make a move if there is no obvious forecast, after all, it is the peak season for natural gas use, but it is the off-season in the weather futures market.
Because of the abundant supply, the difference between the 0703 and 0704 contracts is not large.
But with such a stirring between Amarans and Thunderbird, the wind direction of the natural gas market suddenly began to become weird, and no one can be sure which one is judging the right direction. …,
Who will play with you, no one can say.
The Amarans are very resolute, and they are a large company that has won many battles in the natural gas market, so their actions will naturally attract a group of followers.
And because the Thunderbird company is secretive, there are not many people in the market who know that they are singing against Amarans, so everyone only knows that there is a mysterious investment institution sniping at Amarans, as for who the other party is, it is still uncertain.
So there weren't many people who supported them in the beginning!
Amarans reacted quickly, and single-handedly smashed out a single order of 500 million, half of which was short 0703, and the other half was long 0704.
Their behavior is equivalent to releasing a signal to the market, look, buddy is saying that we will do it, we are very optimistic that the price of natural gas will rise in October this year, and maybe in the next two months, there will be a hurricane in the United States!
Amarans showed a clear banner, so there were many institutions that had a good relationship with them before, or had followed them before, and made a lot of money in the previous operations, and immediately followed the trend, and for a time the list of short 0703 and long 0704 in the natural gas market was thrown out like a sky.
And the Thunderbird company is not afraid, for such a list, how much they come, how much to eat, it seems that you are in a storm, I only iron rope across the river.
This immobile momentum, the increasing market, and the speculation of this mysterious sniper, but at the same time, it also angered the Amaranth side.
Amarans is a big fund company, and they are preparing for Brian's discretionary use of funds this time, and the total amount of funds they can use is about $9.5 billion.
But because of this operation, they also chose a huge amount of leverage, so their 9.5 billion was also used as a margin, so in order to prevent the danger of liquidation in the later stage, the 9.5 billion, the funds they could actually use, that is, half of it.
And Jin Xiaoqiang's side doesn't look at their funds only about 3.3 billion in total, plus the 3 billion loans that Alice borrowed from the bank, the cumulative amount of funds in their hands has reached 6.3 billion.
And because Jin Xiaoqiang is familiar with the history of his previous life, he knows that there will definitely not be a second Hurricane Katrina in the United States this year, so this shop Amarans and Brian are lost.
So he was not prepared to leave half of the funds to cover the position at all, because he knew that at the same time that he and Amarans were on the bar, there would definitely be a lot of predators waiting for the opportunity.
As long as you can survive until about August 15, at that time, plus the future weather forecast, you can know that in the future, until August 25, there will be no hurricane formation, and come to the United States, so that as the contract delivery date approaches, more and more money will join their camp.
And when that time comes, it will be the Amarans side that should have a headache with the financial problem.
But before that, the first thing he had to face was to survive the most difficult fifteen days, because during this time, Amaranth and their allies would definitely exert the greatest pressure on their side and try to crush them in one fell swoop.
And they don't know how much money they can use.
However, the more than four hundred million that Amarans can use in his hands must not be able to move all of them, because that Brian's ambition is not small, and if he can't win in August, he will continue to bet in September.
So he will spend a maximum of three billion on himself, and as for the energy of his allies, he will have to wait and see, and he can only pray to the God of the Americans, and the coming of those guys will not be too fierce. …,
After the first few days of testing, Amarans's side really stepped up its efforts, and Jin Xiaoqiang's side of course did not give up an inch of land, and the two sides continued to invest and launched a capital war in the natural gas market.
In the first ten days of August, Amarans smashed nearly $2 billion along the way, but such a huge amount of money was actually prepared to smash the mysterious sniper.
The difference between the 0703 and 0704 contracts has always been controlled by others within five dollars, and sometimes even down to three dollars.
This made many investment institutions that were originally timely follow-up investment institutions hesitate, and even some more cautious simply withdrew and watched from the wall.
After all, this mysterious sniper's funds are too abundant, and he has spent more than three billion dollars at present, but he still doesn't seem to be exhausted at all.
What are they? Could it be that those legendary consortia have come to smash the field?
As a result, many relatively small investment institutions began to withdraw first, and only a few hardcore funds with Amarans were still working harder.
They also got on the thief ship of Amaranth, and they knew that if they didn't use their strength to smash this mysterious sniper down at this time, then no one could afford to wait for this big guy to finish playing together.
So after Amarans smashed three billion dollars and gathered strength, the allies behind him began to suddenly exert force, 3M Pension Fund, and the National Pension Association of San Diego, not far from seeing their investment in Amarans go down the drain, so they began to test the waters.
In this way, in the five days after August 10th, this battle actually reached a fever pitch with the protagonist leaving.
These hardcore allies of Amaranth actually smashed out a billion-dollar order in one go in five days, in order to probe the bottom of the mysterious opponent.
Jin Xiaoqiang is also gritting his teeth and insisting, swallowing the billions of orders, at this time, the reserve funds in his hands are only more than a billion, and he resolutely can't let the other party give the difference between 0703 and 0704 to Lada to more than five dollars, if the other party breaks through this node, then what is waiting for him is to blow up immediately! (To be continued......)