Chapter 662 Six thousand points is not a dream(2/2)
Sure enough, not long after, Yu Hongbo called.
"Boss, are you awake? The situation in the U.S. stock market is not good! The interest rates on U.S. debt have suddenly soared sharply. It seems that there is a strong desire to withdraw funds from the stock market as a safe haven."
Hu Yang then typed on the keyboard and said, "I'm looking at the U.S. stock market at the moment... You better be prepared. While we're talking, the Dow has already started to dive."
"Okay, okay. Boss, don't hang up the phone yet. We'll keep in touch at any time."
After Yu Hongbo finished speaking, he handed the phone to his assistant.
Hu Yang did the same. He handed the phone to Wu Xinhui and asked her not to hang up.
At this time, the Dow Jones Industrial Average has fallen below 7,100 points. If this continues, it will soon break through 7,000 points.
"Assistant Wu, ask Lao Yu to answer the phone."
Tonight, the U.S. stock market finally started to perform at a rapid rate. In less than ten minutes, the Dow Jones Industrial Average had fallen below 7,000 points and hit 6,953 points.
"Boss, I'm afraid neither the market nor individual stocks can hold on today. In my opinion, we can wait for two more days. 6,000 points is really not a dream."
Yu Hongbo seemed very excited. He subconsciously licked his lips while talking, much like the moment when a cheetah finds its prey.
"Lao Yu, listen, let them get ready immediately and try to close their Dow futures contracts (short orders) around the Dow 6,800 point."
Hu Yang did not give Yu Hongbo any room to continue to express his opinions, but directly issued the order.
Anyone who plays finance knows that fear and greed are the two biggest enemies. However, there are very few people who can truly defeat them.
Perhaps, the U.S. stock market will plummet tomorrow, and 6,000 points is really not a problem. But Hu Yang has his own principles, and he will not try to pursue perfection.
"Okay, I'll get ready right away."
Yu Hongbo has followed Hu Yang for so long and knows when to give advice and when to carry out orders without hesitation.
Twenty minutes later, Hu Yang received the news from Yu Hongbo that all 100,000 Dow futures contracts (short orders) had been closed.
At that time, these 100,000 Dow futures contracts (short orders) were established at the Dow 14,000 point. The closing point was the Dow 6,782 point, a difference of 7,218 points.
According to the trading rules, the fluctuation of each point of the Dow futures is US$5. Hu Yang holds 100,000 Dow futures contracts (short orders), excluding various expenses, and has a net profit of US$3.6 billion.
"Boss, we are already in sight of victory. Amazon's stock price is now $41, and the price of the put options has risen to $65 each.
I won’t make any suggestions, boss, please tell me how to operate.”
Yu Hongbo definitely wanted to continue to expand profits, but he knew Populus euphratica and his character, so he simply waited for orders.
"Wait a moment...Assistant Wu, notify Mr. Chen immediately and tell him to maintain consistent operations with us."
Hu Yang covered the microphone and turned to Wu Xinhui to explain.
Wu Xinhui listened clearly to the orders she gave to Yu Hongbo, and there would be no mistake in repeating them once.
Wu Xinhui immediately followed Hu Yang's request and called Chen Jialin.
Chapter completed!