Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 731

The allure of far out-of-the-money calls (OTM calls)

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The time hand of Manhattan crossed half past eleven at night,

Atlantic Ocean London and Frankfurt on the other side are waking up in the morning light,

Asia Session in the Far East has already fallen into an almost out-of-control red disk surge.

The electronic quotation list on Bloomberg Terminal is beating like crazy, setting new highs every millisecond.

Spot Silver broke through all the way after the opening of Asia Session, piercing the 28.50 US Dollar and 29.00 US Dollar levels one after another, approaching the historical high of 29.50 US Dollar/Ounce.

On the three main control screens in Suite, Fund Flow represents the retail investors Buying Pressure and Market Maker programmed hedging orders.

It's like two huge waves colliding fiercely in the narrow Bid-Ask Spread (Bid-Ask Spread) channel.

Zhao Chen stood in front of Main Console, his handsome profile looking particularly grim under the fluorescent light of the screen.

Shen Zhiyi and Su Wantang stood beside him, one on the left and one on the right.

Shen Zhiyi's finger has hovered over Encrypted Order Confirmation Key,

Su Wantang is reviewing the latest return data from Europe bulk commodity warehousing terminal in real time.

In the encrypted communication channel, the voices of Lin Shicheng and Chen Mo clearly spread throughout the room through Hi-Fi Sound System, carrying the suppressed excitement before the war:

"Zhao Zong! SLV's pre-market and off-market Call Options (Call Option) Bid-Ask Spread is rapidly increasing!

Retail investors' Euphoria buy orders have pushed Implied Volatility(IV) from 25 US Dollar to 30 US Dollar Strike Price to the extreme!

Investment banks are being forced to place higher sell orders to hedge!"

"The algorithm routing test of six SPV accounts has been completed, and the penetrating Dark Pool Trading Channel is smooth and has not touched any warning line for large positions."

Zhao Chen looked at the steeply rising parabola on the screen, his eyes unwavering.

He raised his hand and looked at his watch. His voice was as steady as a huge mountain pressing on the eye of the storm:

"Lawyer Lin, Chen Mo, follow my instructions."

The room was so quiet that you could hear a pin drop. Shen Zhiyi and Su Wantang held their breath at the same time.

"Formal admission."

Zhao Chen's deep voice echoed in the room, revealing an absolute domineering power that controlled trillions of dollars:

"Six Independent SPV Accounts, divided into twenty-four batches, in the form of Algorithmic Micro-Orders,

Place a buy order of SLV Out-of-the-Money Call Options to the over-the-counter Dark Pool and OTC counters.

Strike Price is accurately distributed in four steps: 25 US Dollar, 27 US Dollar, 29 US Dollar and 30 US Dollar."

"The upper limit of principal--83 million US Dollar."

"The levers are fully open, leaving nothing behind.

In the last few hours before US Stocks opens, give me this Over Eighty Million US Dollars,

Quietly, everything turned into a Options contract that locked Market Maker's throat!"

"Received! 83 million US Dollar algorithm pending orders, fully issued!"

Lin Shicheng pressed the confirmation button hard on the other end of the phone.

On the main control screen, Offshore Capital Pool belonging to Era Vanguard instantly turned into tens of thousands of tiny funds.

Like the silent night rain that moistens things, it penetrates precisely into the Derivatives Market most manic Buying Pressure torrent in the world.

Because of the dispersion of Strike Price and the hidden split of the algorithm sheet,

Even if Goldman Sachs and Risk Control System of Morgan Stanley are monitoring in real time,

These orders will only be classified as the following behavior of countless ordinary retail investors or small and medium-sized Hedge Fund.

Shen Zhiyi stared at Legal Compliance Monitoring Panel on the right, and the indicators above were changing rapidly.

"The first batch of 12 million US Dollar was sold... the third batch of 24 million US Dollar was sold..."

Shen Zhiyi mouthed the data, the light in her beautiful eyes flashed,

"Single SPV Open Interest perfectly controlled 82% of the 6,000 hands of Standard Contracts reported offline,

The six accounts are isolated from each other, and the routing of funds is completely legally cut off!

The CFTC's penetration system does not have any abnormal warning!"

After hearing Shen Zhiyi's report, Zhao Chen nodded slightly.

This is the charm of Out-of-the-Money Options(OTM Call)--

The principal of Over Eighty Million US Dollars is magnified by dozens or even hundreds of times of leverage of Options.

The nominally controlled Silver Spot equivalent has reached an extremely terrifying number.

As long as the price of silver rises in a pulse after the opening of US Stocks on Monday, the premium of these Options contracts will skyrocket exponentially.

However, at the same time that the Silver Options network on the open line suddenly opened,

Zhao Chen's eyes slowly moved to the other screen on the left.

What is displayed above is the Europe Rotterdam, Antwerp and domestic Shanghai Bonded Zone's Pure Nickel Spot warehouse receipt dynamics.

Su Wantang's long and slender fingers quickly moved across the screen,

Called up the top secret report just sent by Lin Shicheng bulk commodity purchasing team, and reported softly:

"Zhao Chen, good news came from the hidden line.

As you might expect, Wall Street is a commodity risk control officer at major investment banks.

Now more than 90% of the energy and attention are devoted to the changes in the SLV and COMEX Silver contracts.

The bulk commodity table of London and Singapore is a mess, and no one cares about industrial metals."

Su Wantang's eyes showed a hint of sincere admiration for Zhao Chen's strategic layout, and continued:

"Lawyer Lin's purchasing team took advantage of this excellent blind spot,

With the perfect cover of several Europe manufacturing entities' response to the epidemic Supply Chain risk and locking up production raw materials,

At extremely low liquidity premiums over the past two hours,

Once again, we successfully purchased a total of 8,000 tons of delivery grade Pure Nickel Plate Spot warehouse receipts at the LME designated warehouse and Magic City Bonded Zone!"

"In addition to the 25,000 tons eaten since the launch in December last year..."

Shen Zhiyi raised his head and filled in the key data.

"The delivery-grade Pure Nickel Spot reserve held by Era Vanguard has officially exceeded 33,000 tons!"

"Thirty-three thousand tons..."

Zhao Chen savored this number, and a calculated sneer appeared at the corner of his mouth.

Since the Short Selling GME battle started in December last year, he has been laying the first stake for the London Nickel storm a year later.

Today night, Silver Short Squeeze This grand fireworks piled up by the emotions of retail investors,

Not only has it become a plundering ground for Era Vanguard to extract hundreds of millions of US Dollar cash,

It has become the most perfect barrier to protect this multi-year national strategic layout.

Financial Medias all over the United States and even around the world are shouting "retail investors are squeezing the Wall Street giants",

Traders Goldman Sachs and Morgan Stanley are struggling with the volatility of SLV.

But no one noticed that in the shadow of this Euphoria night,

The absolute liquidity at the core of the global Pure Nickel Spot market is being eroded by Era Vanguard at an incredible speed.

"Lawyer Lin, Chen Mo."

Zhao Chen spoke to Encrypted Communications Terminal again, his tone returning to his usual calmness and coldness.

"After the Silver Options buy orders were placed, all members of Trading Desk took turns to rest for two hours. Prepare to face the first wave of tsunami when US Stocks opens on Monday."

"At the same time, let the purchasing teams of Europe and Singapore not stop.

As long as the smoke bomb of Silver is still floating, I will continue to speed up the purchase of nickel.

We need to push our warehouse receipt reserves to a new level during this window period."

"Understood, Zhao Zong!" Lin Shicheng responded simply and neatly.

After cutting off the communication, a brief period of tranquility returned to the room.

Shen Zhiyi breathed a long sigh of relief, leaned a little tiredly but happily on Zhao Chen's shoulders, and said softly:

"All eighty-three million US Dollar have turned into Options that are ready to surge, and the hidden Pure Nickel Spot has taken another big step forward.

Tonight is definitely the most exciting attack in the history of Wall Street."

Su Wantang also came over and handed two cups of warm Ginseng Tea to Zhao Chen and Shen Zhiyi, with a warm smile on her beautiful face:

"There are still a few hours until the US Stocks pre-market opening. You two go to bed and rest for a while. I'll keep an eye on it here."

Zhao Chen took Su Wantang with one hand and held Shen Zhiyi with the other, gently embracing the two beauties in his arms.

Outside the window, the night on Manhattan is still dark, and the storm on Atlantic Ocean is accumulating its final destructive energy;

And inside Suite, the top Hunter, which controls life, death and wealth, has polished its claws, and Jingjing is waiting for the moment when its prey steps into the trap.

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