big financier

Chapter 138 How to use high-risk tools

"Zhang Feng, you ask Qin Jinjin to go to the sales department to open the option trading authority, and you have to study it yourself, and you may be allowed to operate it in the future."

"Tony, I just established the long and short positions of those two brokerage stocks as you said. What should I do with this option? I heard that it seems very complicated."

"I only studied for more than an hour and I have mastered the basics. No matter what you do, three days or a week will be enough, right?"

"I'll try my best." Zhang Feng said.

In fact, options can also use quantitative trading orders to open and close positions, but each transaction has a limit, and the holding limit of a single institutional investor is very small, probably not more than 5000 million yuan.

If done well, this 5000 million can already hedge all the equity of Pei Guangqian's entire company.

If you are now bearish about the market outlook, short selling on 50ETF options may cause you to lose money when the stock falls. By exercising the options, you can get some equity income to some extent, but the discrepancy is estimated to be relatively large .

If the direction is reversed, the market outlook will rise, and all these options will become waste paper, but part of the income will also be obtained on the stocks held.

Of course, the real situation cannot be explained clearly in just a few words, so Zhang Feng feels that it is very complicated and unreasonable.

Considering that there is still the possibility of another false bull market, Pei Guangqian does not dare to make money by selling short option contracts for the time being.

If combined with the long-short strategy in the margin financing and securities lending account, this will definitely give full play to the advantages of hedge funds in the current investment environment. When the big drop comes, other stock funds and Sunshine Private Equity may be miserable, and the "new "Upgraded to the first phase" will naturally stand out and obtain considerable benefits.

While Pei Guangqian was studying options trading, the battle in the securities trading department was in full swing.

"It's over. Yesterday was Black Thursday. I'm still admiring Tony's accurate judgment. I'm just glad I didn't buy anything. It seems that I'm going to rebound today!"

"Brother Yifan, your shares in JA Solar have skyrocketed. How many shares did you buy in total? Why don't you give me some space, and I'll drink some soup too!"

"Put it down and find the target yourself. The upper limit of our positions is already low. When the time comes, Tony blames me for not getting the chips. I am more unjust than Dou E." Zhou Yifan replied to the other two traders who were still interns.

"Such a good stock, no matter what the upper limit is, it's a big deal to put up a sign!"

"JA Solar seems to have a chance to hit the daily limit, and other new energy stocks have suddenly risen!"

"Xiao Honggui, you are too idle. Why are you staring at the meat in my bowl? Why can't you find stocks to buy? Southern Express hasn't risen yet. Why don't you buy them? Let's talk about digital currency stocks. There are so many, and there are dozens of listed companies involved in the entire industrial chain, so you can study one or two by yourself!" Zhou Yifan said.

"What are you talking about?" Jia Yingcai passed by.

"Mr. Jia, it's nothing. Today's new energy sector has rebounded. Your income should skyrocket, right?" Zhou Yifan stood up and held Jia Yingcai back.

"Hey, you boy, it turns out that you are trading JA Solar shares. I have been paying attention to it some time ago, but its trading volume is a bit small, and I have not entered the market."

"Tony asked me to do it, I think you have no chance now." Zhou Yifan joked.

"Look at what you said. It's not normal for stocks to go up and down. Thousands of stocks are like a lake of water. Everyone takes a ladle to drink."

"Mr. Jia, what should I buy now? If I don't have any plans later, I can only trade treasury bonds today." Xiao Honggui came over and asked.

"Hehe, what to buy? You have the right to make your own choice now. In my opinion, the situation next week is still not optimistic. Just wait." Jia Yingcai didn't think much about these people, and walked towards his office after speaking. .

Except for Deng Shilun, he has only two or three assistants in total, and he is too busy with his own affairs, so how can he have time to meddle in such nosy matters.

"Forget it, if I went up to find Tony, wouldn't you all want his strategies and combinations, or would it be so easy to make money?" Xiao Honggui walked out the door as he said.

Running into Pei Guangqian who was coming down the stairs, Xiao Honggui said, "Tony, I was just going to find you!"

Pei Guangqian also saw the changes in JA Solar shares, so he came to Zhou Yifan on purpose.If it weren't for the inconvenience of the upper floor for the securities and trading department, he didn't have to run up and down.But the reason why they were separated in the first place was naturally to facilitate Yi Qigui's work. The confidentiality requirements here on the 30th floor are much higher than those above.

"What do you want from me?" Pei Guangqian glanced at Xiao Honggui, he didn't have much impression of this person.

"Tony, you came just in time, should I sell some now?" Zhou Yifan asked urgently.

The trading volume of this stock is very unstable. He only bought a little bit the day before, and the price limit immediately rose. Zhou Yifan could only trade independently for the time being.

"I've seen his previous trend. It's often the daily limit, but the next trading day falls sharply. Otherwise, you can sell half of it. Don't you have to worry about that?" Pei Guangqian said.

Very simple answer.

In fact, stock trading is not that complicated at all. After thinking about many things clearly, it is not as difficult as imagined.

Zhou Yifan suddenly realized, and only then did he understand, and quickly tapped on the keyboard, ordering to sell some stocks.

Anyway, no matter whether JA Solar’s ​​shares fall or rise at the opening of the market next week, he will need to buy again. At that time, the opponent will be in the same environment as he is facing.

In fact, it is not necessary to stick to the price in order to trade, and it is actually more important to grasp the timing.For example, those who bought at a 9% increase just now are actually taking risks today.By next Monday, the same price will have different meanings in different amplitudes. At that time, this price may not be chasing up, but an opportunity.

"Who is that, you just said you wanted to find me, what's the matter?"

"Tony, my name is Xiao Honggui." Xiao Honggui looked embarrassed.

"Little ghost, are you running out of time now? Look at your bitter face." While Zhou Yifan was busy, he still didn't forget to make fun of Xiao Honggui.

Small-cap stocks want to sell stocks, try to do it as quietly as possible, this is a delicate job.

"You didn't buy it? Listen to me, don't buy it today, I guarantee you will be surprised next week!" Pei Guangqian got the meaning of their words.

"Okay, I know that as long as I ask Tony, I can solve any problem, but I don't know what stocks to buy now, it's all because I didn't do my homework well." Xiao Honggui scratched his head and said with a blushing face.

(End of this chapter)