Chapter 497 A huge loss of 640 million in one day

   Just do what you say, and after the meeting is over, Bond Hunter can't wait to dial John Arnold's private phone.

"Hi, John, this is Hunter, Bond Hunter." When the call was connected, Bond Hunter couldn't wait to introduce himself first. He didn't know whether the other party had saved his number, but by this time , Why would you care about these small details?

John Arnold on the other end of the phone is naturally familiar with this opponent who is more powerful than himself in the natural gas market, but after hearing the other party's self-introduction, he just gave a faint "hmm", Just wait for the other party to continue talking.

In fact, he had vaguely guessed the intention of the other party calling, and he was naturally overjoyed, but he would not show it at this time, after all, the outcome has not yet been determined, and he cannot be exposed to the market. The identity of the sniper.

   "Hey buddy, how's the deal going?"

Hearing Arnold's answer, Hunter was undoubtedly a little disappointed, but he quickly adjusted his mentality, first made a joke, and then said seriously, "Dude, I recently got a top-secret news about Natural gas extraction technology. I don’t know if you are interested in knowing? God, you don’t know how many engineers I contacted to get this news, so I can hold this news in advance.”

"Really?" Arnold immediately showed a look of interest, his tone became slightly hurried, and his breathing became a little rough, "Dude, is what you said true? Seriously, I really don't Knowing what progress has been made in mining technology, my companions and I are not too concerned about this aspect. If you really have relevant news, please share it with everyone.”

"No! No! No!" Hunter saw that the other party was "baited", so naturally he would not easily reveal his hole cards. At this time, after thinking that the conversation had entered a rhythm under his control, he began to slowly lead the topic Go to the place where you really want to express, "Man, this is an epoch-making technological change. If I really want to share it like this, it is obviously impossible. You also know that friendship is friendship, and business is friendship. Business, these are two different things, if you really want to know, make a price."

"Sure enough!" Arnold showed a mocking smile on the corner of his mouth. Naturally, Hunter on the other side of the phone must not be able to see all this. After pretending to think for a while, Arnold gave a number, "One million , this price should be enough to buy a piece of news!"

  One million dollars is enough for the top consulting company in the United States to give a detailed industry report, so this offer can be said to be kind enough and sincere enough.

But Bond Hunter's ambition is not here, so naturally he sneered twice, and teased: "One million dollars, my friend, you don't take my news seriously. Frankly speaking, The increase in production capacity brought about by this news alone is enough to revolutionize the natural gas market, do you understand? Of course, when this technology will be implemented, I will never tell you, unless you give someone A higher price tag, I believe, just relying on this alone, you can make a lot of money in the market."

"Really?" Arnold was already happy in his heart, but he still remained calm. After thinking about it, he decided not to pierce the other party's trick, and decided to continue playing, "Three million dollars, this price is enough Does it satisfy you?"

"Dude, stop kidding me. This is at least a piece of news worth hundreds of millions of dollars. You are insulting me by charging this price. Yes, you are absolutely insulting me. You are so insincere. I will go find someone else Goodbye, then, buddy!"

   After finishing speaking, Bond Hunter made a gesture to hang up the phone, but his fingers rested on the button, and he refused to press it for a long time, naturally waiting for the other party to persuade him to stay.

Here, Arnold began to ponder, and he began to be a little uncertain about the other party's intentions. It is really hard to say whether there is such a thing, and the other party has not mentioned their current position in the natural gas market from the beginning to the end, maybe There is really a possibility of cooperation, and he hurriedly asked to stay: "My friend, don't hang up in such a hurry. Why don't you make a price first and let me think about it."

  In fact, he is also very clear that this is the most common tactic in negotiations, but just in case, if there is such news, and if he misses it, the loss outweighs the gain.

   "This is business! Dude, I have to say, you made a wise choice!"

Almost couldn't resist pressing the button to end the call, but when Hunter heard Arnold's words in the microphone, he immediately withdrew his fingers quickly, laughed dryly, and made some jokes, and finally said seriously Said: "Man, in fact, the conditions I opened are not many. Compared with your future income, it is almost insignificant. You will help me close 20,000 lots of long positions in March next year and short positions in April next year. That's the price I offered."

"What? Let me help you close out the arbitrage position portfolio?" At this time, Arnold still didn't understand what the other party's plan was, so he pretended to be surprised and said, "Man, when to close a position can also be a deal." I really don't understand what you're thinking."

"Man, it's actually like this. I used to take a two-month arbitrage position before, but after I learned about this technological revolution, I realized that my position had encountered a huge structural risk, so now I urgently need to close some of it. position. Dude, can you understand my difficulty?"

Now that we have come to this point, Bond Hunter simply stopped hiding and explained straight to the point. At the end, he cleverly added, "According to my information, this technology will be officially put into operation in the first quarter of next year. , is currently in the testing stage, if everything is true, the price of natural gas will definitely drop by then. Dude, you should know how to do it!"

   "It turns out that's the case, so it's no wonder why you want to close this part of the position!"

John Arnold was already happy in his heart at this time, but his tone was still calm enough that no one could notice the slightest emotional fluctuation, "According to your inference, it will not only be the price difference between every other month, even if it is now The price of natural gas in January is bound to drop sharply, which is enough to turn the entire market upside down."

Now that he had fully grasped what the situation was, he immediately turned against the customer, "But buddy, you are really unkind. If this is the case, you shouldn't come to ask me for a price at all, but I will ask you You are asking the price. After all, this is to help you recover part of the loss, I believe this part of the price difference is enough to make up for the price I have to pay."

"Wow, buddy, you are really smart." Bond Hunter was taken aback for a while, and after thinking about it for a long time, he realized that the other party had finally fallen into his trap, and then said apologetically, "Sorry, My friend, it was indeed my fault before. But from now on, we can finally talk about cooperation honestly and relatively."

"As for the position, I believe you should have some positions on hand. If you want, we will close the position according to today's market price, but this is obviously unfair to you. Well, I decided to close the position with a price difference of 0.5 US dollars For the contract of 20,000 lots, the price of 10 million is enough to satisfy you, this is my sincerity."

Bond Hunter thought the price was fair, but John Arnold jumped up like a cat whose tail was stepped on, and complained loudly: "Oh my god, my friend, you Are you sending homeless people? You want to close so many positions for $10 million. Do you know what we think about this part of the position? You must know that the current price difference has completely violated the fundamentals, even if it has not violated the fundamentals If you don’t, the price difference between these two months is enough to make us hundreds of millions of dollars. And you are sending us with this mere price, is this what you mean by sincerity?”

His words revealed a lot of things. He admitted publicly for the first time that he was indeed sniping at the position of the Everlasting Flower Fund. In addition, he expressed serious dissatisfaction with the current price offered by Bond Hunter. , obviously does not intend to let it go.

After understanding what the other party meant, Bond Hunter was silent for a long time, finally gritted his teeth, and gave another quotation, "Dude, $0.8, plus $4 million in cash, $20 million, this price is My bottom line. If it doesn't work, then I take the deal back."

  The price doubled all of a sudden, which is not insignificant, but the more so, the more it shows his urgency to close the position. Naturally, John Arnold is definitely not willing to use this price to close the position. After Wei Wei thought for a while, he gave an answer, "Man, I'm afraid this price still can't convince me. Responsible. But if it’s after tomorrow, I think we can sit down and have a good discussion about what price is the most suitable.”

   "Why tomorrow?" Hunter, who was already in a daze, asked subconsciously, but the next moment he realized why the other party had to wait until after tomorrow. Because just tomorrow, the news of the warm winter will be officially announced to the public. At that time, the price of natural gas futures will inevitably drop sharply, and I will miss such a good opportunity to turn around in vain.

"Why?" A sarcastic expression suddenly appeared on John Arnold's face, and his tone of voice became strange, "Bond, I have a magazine at hand, which is "Weather Forecast" that will be released tomorrow. Do you want to know about the temperature forecast for this winter. If you want to know, I don’t mind reading it to you on the phone!”

Speaking of this, the irony in his tone is already very strong, and Bond Hunter can't hear it. It turned out that the other party was playing with a monkey show mentality other than perfunctory himself after talking for a long time. To himself, this made him feel very humiliated, and hung up the phone after dropping "fXXk" viciously.

Afterwards, he called the managers of several energy funds, but the other parties either politely declined, or said that he did not have similar positions, etc. As a result, after a lot of work, Bond Hunter even expressed the intention of making a deal. None were achieved.

   Things have come to this point, he has no other choice but to let out a long sigh. …

  On September 14, affected by the news of the warm winter, the price of natural gas in September plummeted from 5.42 at the opening to 4.80, and finally closed at 4.88. The price of each natural gas contract fell by US$0.56, a staggering 10.29%.

As for the far-month contract, the contract price difference between 0703 and 0704 also shrank suddenly because of this news, and once reached 0.74 US dollars. Although it finally fell back and stopped at 0.68 US dollars, the price difference today has narrowed compared to 2.5 US dollars in early September. It fell by more than a quarter.

  The position of the Evergreen Fund lost 640 million US dollars on this day, setting a record for the highest loss in the history of the natural gas market on that day.

   I'm sorry it's late again today, life is always too hectic, and I'm helpless...By the way, thanks to the book friend Hu Wang and the roaring useless man for voting for the monthly ticket!

  

  

  (end of this chapter)