big financier

Chapter 142 Fighting with Immortals
Zhang Zuguang still didn't leave Shanghai. He had almost nothing to do. After arriving at Xinsheng Company, there was no seat for him, so he had to stay in Pei Guangqian's office for a while.

"Ah Guang, you understand the rules. You stay here first. I'll go to the trading department to have a look. Even if you want to speculate in stocks, you can't use all the things we have here. I hate rat warehouses the most, so don't do this." Kind of thing." Pei Guangqian looked stern.

"Don't worry, all my funds are invested in Tianshan shares. I don't know when trading will resume. I am less and less interested in stocks now. I will close all the accounts after a while."

"As long as you don't use the account, it's so troublesome to cancel the account, why bother!"

"No, I can't help but buy it if I don't cancel the account. It must be sold." Zhang Zuguang shook his head.

It seems that his self-control is not good. How can he strategize and win a thousand miles?

Pei Guangqian left him there alone, planning to go to finish the assignment first, and then come back to teach Zhang Zuguang to learn option trading.

"Tony, you can figure it out. I sold a little of JA Solar shares at the opening of the market, and now someone wants to close the daily limit!" Zhou Yifan said quickly when he saw Pei Guangqian.

Pei Guangqian had already told him how to operate today, but he still had some freedom to decide how to do it.

"Limit up? Then sell them all!"

"Why? The situation is good now, but there is no funds to close the board. Retail investors are still pouring in. They should be newcomers, maybe including funds from the north. I think the market outlook may still look high." Zhou Yifan said.

"This stock has entered a few new institutions in the early stage, all of which are public data. Only a few hot money came in last Friday, and finally sealed the daily limit. They must open high and run away. Then give it all to them, we have to leave today.”

The two giants of hot money and institutions are fighting. Retail investors are pouring in, and it seems that they will not gain much if they are not beaten.

This stock is a good stock. Why don’t the hot money speculate in rubbish? They want to grab the chips of JA Solar shares. They have no retail investor base before. Maybe these guys are afraid of regulatory measures. Now they are crazy and want to grab food everywhere. Biting people.

In two or three trading days, the stock was so messy, but it didn't really matter, anyway, just don't play with them.

"I sold them all, and the big order was sold so quickly, Tony, it's a pity, the target we finally found is sold out now, so do we need to exchange shares?"

"What's the matter? If you want to buy stocks one day, you can still buy them. You can observe for a few days first. We will come back at the end of the month at the latest. Let's add a little more of Southern Express's bottom position today. I have been doing quantification recently. Trading. If it weren't for the uncertain situation in the index now, I would have wanted to put all our money in it."

"It's fine if you don't exchange shares."

Pei Guangqian didn't want to manage the accounts managed by other people himself, it would be too much of a waste of his time, he had other things to do, and Monday was usually their busiest time.

Pei Guangqian stopped by to check the situation on the account Zhang Feng was in charge of. Recently, brokerage stocks have been sluggish, and there is almost no profit through hedging.

Nothing to watch.

Pei Guangqian returned to the office, ready to buy and sell option contracts for the first time.

"This 3200 put contract is worth 0.009 yuan. It's like waste paper. Forget it, I want to recycle it. Ah Guang, do you think this is how it works?"

"If you want to buy a subscription contract, this 3200 put contract can almost be concluded to have no meaning of exercise." Zhang Zuguang said.

Pei Guangqian ignored him, commissioned an order for 30 sheets, and became the obliged party. Unexpectedly, after a few seconds of the transaction, he continued to make a profit. It seems that waste paper is waste paper, which is worthless in itself.

More than 10 deposits have been used, even if the 30 pieces of waste paper become 0.0001 yuan, the total profit is only 2760 yuan, and the profit is only about 2.2% after deducting the handling fee.

It’s really a mess, and option trading is very troublesome. You can only entrust 30 contracts at a time, but you can only entrust 10 contracts at a time with quantitative trading.

"Why do I feel that the risk is not as high as you said? How did you lose money?"

"It's not the delivery day yet, and the closer it gets to the delivery day, the greater the volatility!"

"I'm afraid you're going in the wrong direction. Didn't you say before that looking at the index is meaningless?"

"This benchmark is 50ETF, which has little to do with the index." Zhang Zuguang's level can only stay on the surface.

"Your way of thinking makes it difficult for you to make a profit successfully. I think that the accuracy of grasping the market index is relatively high. 50ETF does not represent the index, it is just a fund."

"The market is man-made, and no one can necessarily determine the overall trend of the package of stocks, so the more uncertain it is, the more exciting it is." Zhang Zuguang said.

"Fund managers are a key factor. They will definitely operate according to the domestic and foreign situation. You think that if you buy like a retail investor, you can ignore it. That's not easy. Everyone can be a fund manager. If my fund also had options, you would be done buying low-priced call options every day!" Pei Guangqian changed the subject, not forgetting to brag.

Don't say anything, it seems that talking to him is nonsense. Pei Guangqian demonstrated the quantitative trading operation in front of Zhang Zuguang, entrusting the funds in the account to the contracts he selected, and opening positions separately.

This is almost an instant thing, and more than 2000 million funds are entrusted in one minute. If it is a manual operation, it is estimated to take dozens of times the time.

Zhang Zuguang seemed a little dumbfounded. He had heard Pei Guangqian talk about the concept of quantitative trading, but he had never experienced it, let alone option trading.

"Let's wait for half an hour. It stands to reason that today's index opened higher and stood above the 5-day line, and the rebound is considered strong. The waste paper I collected should earn us hundreds of thousands!"

For other funds, Pei Guangqian intends to make a subscription contract, which is roughly the same as guessing the score of a football game and handicap, nothing more than adding some algorithms and premiums.

However, the difference is that the results of football games are irregular, and the opponent is also fixed as the party issuing the lottery, while the opponents of options are not fixed and are each participant.

Pei Guangqian selected several recent subscription contracts, intending to make use of intraday fluctuations to earn the price difference. This is not difficult for him at all, as long as there are fluctuations, it is very easy to make money.

Sure enough, within an hour or so, Pei Guangqian saw that the numbers in his option account had turned red, and the income was positive. Today he tried his best, and the profit was close to more than 100 million, and the overall rate of return was about 2%.

He has already automatically closed some waste paper contracts. In fact, it is okay to keep them until the delivery date, but this will take up his funds, so once a certain profit is reached, it is definitely better to pay a handling fee to close them. Tian can continue to use this money to make money.

(End of this chapter)