Chapter 78
"Since this is the case, then I will naturally not dissuade Mr. Ye again. I wonder how Mr. Ye needs my help?" Hearing this, Pan Hua suppressed the shock in his heart and began to speak formally.
Since the other party has this ability and I have fulfilled my duty of reminding, then naturally there is no reason to refuse. "It's very simple. I'm not familiar with the operation of US crude oil futures, so I need you to help me trade, just operate at the point I said." Ye Chen said.
"Then I wonder if Mr. Ye intends to buy long or short this time?" Pan Hua asked.
"Buy short, and it's a big short." Ye Chen said directly: "The target is the US crude oil contract for delivery in May."
Pan Hua quickly opened the relevant software. After some operations, data appeared on an interface, and then he said to Ye Chen with some hesitation:
"However, the price of U.S. crude oil in 2005 is about 18 dollars. You must know that last month it was still more than 40 U.S. dollars. This should be close to the bottom of U.S. crude oil. By then, many parties will enter the market. I am afraid that there will not be much room for short buying. .”
In his view, if it was reasonable to buy short last month, it is obviously too late to buy short now that it is close to the bottom.
Because these oils have physical delivery after all, the crude oil price of 18 dollars a barrel is almost close to the record low, and the major institutions are not ready to grab it?
"It's far from reaching the bottom." Ye Chen suddenly said with his eyes narrowed slightly at this time, and at this moment he saw a new profit rate prompt appearing on the screen:
If you buy short at $20, you can get a [-]% profit in three days.
"Three times the income, doesn't that mean that the crude oil will drop to -40 US dollars a barrel at the lowest? Those who have contracts in their hands need to pay 40 US dollars to get rid of the contract." Seeing this data, Ye Chen himself actually It's unbelievable.
No wonder the system said it was a once-in-a-lifetime opportunity. Such a situation has never been seen since the appearance of this futures.
He can foresee that when the 21st arrives and the news comes out, the whole world will definitely be shocked by it!
"Since Mr. Ye insists on being short, then I wonder at what price Mr. Ye plans to start buying short?" Pan Hua frowned. Although he didn't believe Ye Chen's statement, since it was the other party's request, he only needed to execute it immediately. Can.
"I plan to start buying short futures at $4." Ye Chen calmed down at this moment, and said with a slight smile: "Then I need to trouble Manager Pan to help me pay attention these days, and it must be in April. The quota will be determined on the 20th."
"Then how much is Mr. Ye going to buy short?" Pan Hua asked again.
"What is the current exchange rate of the US dollar?" Ye Chen asked.
"Probably around 6.5." Pan Hua checked and said.
"Then help me short about [-] million U.S. dollars, ten times the leverage." Ye Chen thought for a while, and planned to play a big one directly.
Two hundred million U.S. dollars, or 13 billion yuan, he can take out at any time.
"Two hundred million dollars, ten times the leverage!" Hearing this figure, Pan Hua was stunned. The water in the water glass in his hand flickered and almost spilled on him.
20 million US dollars, ten times leverage, that is to say, the principal of the futures will reach 130 billion US dollars, [-] billion RMB!
Such a large number is something that Pan Hua has never come into contact with in the past ten years of his career.
While marveling at Ye Chen's courage, he felt a little terrified just by hearing it.
It even almost exceeded the limit of what he could bear in his heart.
Because such a large amount, especially in the place of US crude oil futures, if you move it casually, there may be tens of millions of RMB lost, which is really a test of the heart.
And there are still a lot of troubles, not as simple as I think.
"What's wrong?" Seeing Pan Hua's strange behavior, Ye Chen asked.
"It's nothing, it's just that the number is too big, and the risk will be great..." Pan Hua organized his words nervously and explained:
"And there may not be so many bulk cargoes in the market now. After all, after ten times leverage, this is not a small amount. Most importantly, we estimate that it is difficult to exchange so many foreign currencies at once."
After all, this is a futures with physical delivery, and there are many contracts in the market, and it is estimated that many of them will be in the hands of large institutions.
"Then let's start with [-] million US dollars." Ye Chen thought for a while and said, this time he exchanged large-scale foreign currency, in fact, there are certain risks, and it may be monitored by relevant departments.
Don't be too greedy.
Even if it is now [-] million, it is estimated that it will take some cumbersome procedures to achieve it.
"Then I'll help Mr. Ye arrange it now." Seeing Ye Chen's insistence, Pan Hua couldn't say anything more, and just started to prepare for the related work.
After one billion U.S. dollars and ten times leverage, there will be one billion U.S. dollars, which is more than 60 billion yuan. This amount is still not small in operation.
"Well, it's hard work for you." Ye Chen didn't feel much, [-] million US dollars, that is, [-] million yuan, for him now, it won't hurt his muscles and bones.
If he makes three times as much as the system said, then he may reap nearly 200 billion in one go!
After all, Pan Hua is a professional, and he will help Ye Chen complete the relevant procedures soon, but it will take some time for the fund conversion.
And because the U.S. crude oil market is three days later, Ye Chen is not in a hurry now, as long as Pan Hua starts buying short at the price of twenty dollars within three days.
Next, it's time to wait.
Soon, three days passed by.
The time has come to April 4th.
In the past three days, Ye Chen didn't have any important things to do, but went to Hami Company, Jixiang Security, and Guangming Mining.
Chammi has confirmed that Zhou Wenjing will be the overseas chief operating officer, responsible for the promotion and development of the overseas game market. This person probably has good experience and contacts in the game field, so he is also suitable.
However, it is a pity that Ye Chen has not yet started to work officially. He is also very interested in seeing how the follow-up development of that "deal".
And after Jixiang Anbao has money, its morale is also quite good, and under Chu Xin's suggestion, it has already started to carry out some publicity.
I believe that if the development goes well, regardless of the profit rate, self-sufficiency should be no problem after a period of time.
As for the news that Guangming Mining has discovered rare earths, it has been confirmed, and the difficulty of mining is a little easier than that of iron ore.According to the forecast of chief engineer Zhao Kai, mining will officially begin within two months at the earliest.
Everything seems to be going in a good direction.
At this time, Ye Chen stood in front of the floor-to-ceiling windows, still looking quite excited.
He has two things tonight, one is the Weibo lottery announcement, and the other is the US crude oil war.
If he wins the U.S. crude oil battle again tonight, his worth will have a big jump, and he will truly be among the top richest people in China!
(End of this chapter)
"Since this is the case, then I will naturally not dissuade Mr. Ye again. I wonder how Mr. Ye needs my help?" Hearing this, Pan Hua suppressed the shock in his heart and began to speak formally.
Since the other party has this ability and I have fulfilled my duty of reminding, then naturally there is no reason to refuse. "It's very simple. I'm not familiar with the operation of US crude oil futures, so I need you to help me trade, just operate at the point I said." Ye Chen said.
"Then I wonder if Mr. Ye intends to buy long or short this time?" Pan Hua asked.
"Buy short, and it's a big short." Ye Chen said directly: "The target is the US crude oil contract for delivery in May."
Pan Hua quickly opened the relevant software. After some operations, data appeared on an interface, and then he said to Ye Chen with some hesitation:
"However, the price of U.S. crude oil in 2005 is about 18 dollars. You must know that last month it was still more than 40 U.S. dollars. This should be close to the bottom of U.S. crude oil. By then, many parties will enter the market. I am afraid that there will not be much room for short buying. .”
In his view, if it was reasonable to buy short last month, it is obviously too late to buy short now that it is close to the bottom.
Because these oils have physical delivery after all, the crude oil price of 18 dollars a barrel is almost close to the record low, and the major institutions are not ready to grab it?
"It's far from reaching the bottom." Ye Chen suddenly said with his eyes narrowed slightly at this time, and at this moment he saw a new profit rate prompt appearing on the screen:
If you buy short at $20, you can get a [-]% profit in three days.
"Three times the income, doesn't that mean that the crude oil will drop to -40 US dollars a barrel at the lowest? Those who have contracts in their hands need to pay 40 US dollars to get rid of the contract." Seeing this data, Ye Chen himself actually It's unbelievable.
No wonder the system said it was a once-in-a-lifetime opportunity. Such a situation has never been seen since the appearance of this futures.
He can foresee that when the 21st arrives and the news comes out, the whole world will definitely be shocked by it!
"Since Mr. Ye insists on being short, then I wonder at what price Mr. Ye plans to start buying short?" Pan Hua frowned. Although he didn't believe Ye Chen's statement, since it was the other party's request, he only needed to execute it immediately. Can.
"I plan to start buying short futures at $4." Ye Chen calmed down at this moment, and said with a slight smile: "Then I need to trouble Manager Pan to help me pay attention these days, and it must be in April. The quota will be determined on the 20th."
"Then how much is Mr. Ye going to buy short?" Pan Hua asked again.
"What is the current exchange rate of the US dollar?" Ye Chen asked.
"Probably around 6.5." Pan Hua checked and said.
"Then help me short about [-] million U.S. dollars, ten times the leverage." Ye Chen thought for a while, and planned to play a big one directly.
Two hundred million U.S. dollars, or 13 billion yuan, he can take out at any time.
"Two hundred million dollars, ten times the leverage!" Hearing this figure, Pan Hua was stunned. The water in the water glass in his hand flickered and almost spilled on him.
20 million US dollars, ten times leverage, that is to say, the principal of the futures will reach 130 billion US dollars, [-] billion RMB!
Such a large number is something that Pan Hua has never come into contact with in the past ten years of his career.
While marveling at Ye Chen's courage, he felt a little terrified just by hearing it.
It even almost exceeded the limit of what he could bear in his heart.
Because such a large amount, especially in the place of US crude oil futures, if you move it casually, there may be tens of millions of RMB lost, which is really a test of the heart.
And there are still a lot of troubles, not as simple as I think.
"What's wrong?" Seeing Pan Hua's strange behavior, Ye Chen asked.
"It's nothing, it's just that the number is too big, and the risk will be great..." Pan Hua organized his words nervously and explained:
"And there may not be so many bulk cargoes in the market now. After all, after ten times leverage, this is not a small amount. Most importantly, we estimate that it is difficult to exchange so many foreign currencies at once."
After all, this is a futures with physical delivery, and there are many contracts in the market, and it is estimated that many of them will be in the hands of large institutions.
"Then let's start with [-] million US dollars." Ye Chen thought for a while and said, this time he exchanged large-scale foreign currency, in fact, there are certain risks, and it may be monitored by relevant departments.
Don't be too greedy.
Even if it is now [-] million, it is estimated that it will take some cumbersome procedures to achieve it.
"Then I'll help Mr. Ye arrange it now." Seeing Ye Chen's insistence, Pan Hua couldn't say anything more, and just started to prepare for the related work.
After one billion U.S. dollars and ten times leverage, there will be one billion U.S. dollars, which is more than 60 billion yuan. This amount is still not small in operation.
"Well, it's hard work for you." Ye Chen didn't feel much, [-] million US dollars, that is, [-] million yuan, for him now, it won't hurt his muscles and bones.
If he makes three times as much as the system said, then he may reap nearly 200 billion in one go!
After all, Pan Hua is a professional, and he will help Ye Chen complete the relevant procedures soon, but it will take some time for the fund conversion.
And because the U.S. crude oil market is three days later, Ye Chen is not in a hurry now, as long as Pan Hua starts buying short at the price of twenty dollars within three days.
Next, it's time to wait.
Soon, three days passed by.
The time has come to April 4th.
In the past three days, Ye Chen didn't have any important things to do, but went to Hami Company, Jixiang Security, and Guangming Mining.
Chammi has confirmed that Zhou Wenjing will be the overseas chief operating officer, responsible for the promotion and development of the overseas game market. This person probably has good experience and contacts in the game field, so he is also suitable.
However, it is a pity that Ye Chen has not yet started to work officially. He is also very interested in seeing how the follow-up development of that "deal".
And after Jixiang Anbao has money, its morale is also quite good, and under Chu Xin's suggestion, it has already started to carry out some publicity.
I believe that if the development goes well, regardless of the profit rate, self-sufficiency should be no problem after a period of time.
As for the news that Guangming Mining has discovered rare earths, it has been confirmed, and the difficulty of mining is a little easier than that of iron ore.According to the forecast of chief engineer Zhao Kai, mining will officially begin within two months at the earliest.
Everything seems to be going in a good direction.
At this time, Ye Chen stood in front of the floor-to-ceiling windows, still looking quite excited.
He has two things tonight, one is the Weibo lottery announcement, and the other is the US crude oil war.
If he wins the U.S. crude oil battle again tonight, his worth will have a big jump, and he will truly be among the top richest people in China!
(End of this chapter)
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