Chapter 429 The Pace of Victory (+1)

Without interfering with normal market behavior, that is to say, policies will not come out.

The support point used by the short sellers to suppress the market has been removed, the price upward channel has been opened, and the long momentum has been released.

While eating, Lei Hao could see that the cotton spot market was reluctant to sell again. Traders who had begun to loosen their attitudes immediately tightened their supply of goods, and the spot price stabilized again.

In terms of futures prices, the arbitrage system of big funds has begun. People who are hesitant will definitely continue to participate, and various forces will enter the market one after another.

The increase in trading volume is certain. For the Thunder, the most important thing is that buying orders will appear.

Although it is not known how many buying orders there will be, the Thunder undoubtedly have the possibility of closing their positions.

"It's out! It's out!" At the dinner table, everyone was in no mood to eat and looked at each other with excitement in their eyes.

Even though they trusted Lei Hao, when the market really operated as expected, Leo, Yu Rong and others still couldn't hide the shock on their faces.

"620,000 hands, this is 620,000 hands!"

"Shorts have failed to push for policy! The pent-up bullish momentum will rise again."

"We won the bet!"

"Now how to do?"

All the questions were connected, and everyone turned their attention to Lei Hao, with expressions full of expectations.

Thunder's top priority now is to choose the time to close the position. If they don't move, the futures price will almost certainly rise, because Lei Hao needs to consume 620,000 buying orders to close the position. If he doesn't move, the market will be equivalent to 620,000 short contracts. Trapped.

In this case, just the liquidation of these short positions is enough to drive futures contract prices.

"Eat first." Lei Hao picked at the rice in the bowl. In fact, he didn't know what it tasted like.

Won! How not easy. This is the first time Lei Hao has participated in a long-term operation. This should also be the most profitable operation he has ever experienced.

From 20,000 lots, to 50,000 lots, to 80,000 lots, to 100,000 lots, and then working with Xinfeng to push up the spot price, and then frantically building positions when others were retreating, and not letting go despite the pressure exerted by Song Dongyuan. Finally, 620,000 long positions and corresponding exit opportunities were obtained.

Lei Hao finally experienced a complete long-term operation. In the process, he verified the role of future information. Multiple adjustments and experiments also gave him the confidence to carry out more similar operations.

In the medium and long term, this is the only way to reach the top!

"In retrospect, this is actually the accumulation of countless short-term operations, and then... the risks and benefits also accumulate." This conclusion came to Lei Hao's mind, and he became a little proud and sighed.

When Lei Hao came back to his senses, he found that he had finished eating the rice in his bowl. He looked at the group of absent-minded subordinates at the dinner table, and then he smiled and gave instructions: "According to the original plan, we will wait and see today and start taking action tomorrow." While placing ultra-short-term positions, close positions one after another.”

After hearing Lei Hao's words, everyone breathed a sigh of relief.

620,000 lots. If the position is closed, the resulting trading volume will be 1.24 million contracts. In any case, it is impossible for all transactions to be completed at a certain preparation price.

For such a large position, the normal way to close the position is to select a price range that is profitable enough, use the advantage of funds to guide the emergence of trading orders, and finally close the position with the trend.

There is still more than a month left before May. If Thunder needs to close its position, it must short-sell or transfer the contract to other longs. However, the futures market is a hedging market. Thunder needs to short-sell 620,000 lots to close the position. Correspondingly, many short sellers need to buy a total of 620,000 contracts to exit the market.

Cotton warehouse receipts are now in short supply, and it is no longer possible for short sellers to use physical delivery to reduce losses. This, in turn, will push up futures contract prices, revealing the complexity of the entire system.

At 1:30 p.m., the futures market reopened.

"Sure enough, it is shrinking and rising." Seeing the new influx of buyers pushing up the price, Lei Hao and his subordinates all smiled.

Now, those who were short in the early stage want to close their positions, and those who are hesitant want to enter the market to go long, resulting in a rush for funds. After the price is pushed up, short sellers will come in and sell the contract.

During the long and short hedging period, there are opportunities for ultra-short-term arbitrage. The trading volume will first shrink and then slowly push up. The market situation is already very clear.

"12800!"

"12900."

"It's 13,000! It's 13,000!" There are not many things that Thunder Investment needs to do now. Ultra-short-term arbitrage of a few hundred or thousands of lots is far less satisfying for Zhao Lichen than watching the price rise.

With a huge position and outsiders helping to raise the price, the Thunder's situation couldn't be more wonderful.

"Lei, I ask for paid leave." Leo was in a relaxed mood and winked funny: "Although you set the direction for me, I did a pretty good job as a manager."

"Our research department also needs to add some equipment and manpower." Yu Rong has become a department manager and has been very motivated recently.

"Ahem, part of the cost of this profit is the funds of our futures department. I don't ask for more from Mr. Lei. The corresponding profits can be left to our operations." Xiang Yongze said.

There are several other people who are also looking at Lei Hao eagerly. Everyone knows very well that the Thunder has made too much profit this time, and then it is time to divide the cake. What they need to do is very simple. This immediate boss should be more supportive.

Even Zhao Lichen, after hearing his colleagues' words, felt a glimmer of hope in his heart: Is it possible for him to be in charge of a fund?

"It's not over yet. You want to take power or money from me? You can do it. Show your abilities." Lei Hao said with a smile, a simple provocation method, but it is also quite real. You can see it again Driven by his own interests, he has no worries about his subordinates slacking off.

Today's closing price should be the daily limit of 13,080. Lei Hao knows that the highest price of the 05 contract will reach more than 13,800. The trading volume will create history in the second half of this period, and there is a lot of profit contained in it.

"I'm closing positions while doing ultra-short-term trading. The amount of capital is measured in billions. No one will oppose me for such a crazy move." Lei Hao feels that the world is so wonderful. While enjoying the fruits of victory, he also doesn't forget to look at himself.

The more funds involved and the more power he has in his hands, the more Lei Hao needs to find his position.

On this side, the Thunder are celebrating their upcoming victory, and there are also undercurrents in the financial circle.

Only Song Dongyuan knew Lei Hao's specific capital flows. In addition, Qingyu and Xinfeng also had some guesses. Looking at the situation in the futures market, these people's mentality was different.

But no matter what, everyone knows that with several billion more funds, the Thunder will definitely rise to a higher level, and it is already qualified to touch the things that should be contacted.