"Okay, boss."
Wangcai nodded and started typing on the keyboard.
He split his 1300 standard lot short position into smaller lots of 10 to 20 lots.
It employs various methods for closing positions, including proactive short covering, short selling, and pre-placed orders.
Just as Chen Dong said.
If it were to be thrown out in a flash, let's not even talk about whether the short sellers could catch it.
The Nikkei 255 index will definitely surge instantly.
Without setting an upper limit, "fat finger" errors are very likely to occur.
Wangcai's closing pace is very slow.
20 minutes later.
Of the 1,300 short contracts, only a little over 600 were closed out, barely reaching half.
"Wangcai, cancel the short covering orders above to attract short sellers to dump their shares."
"Okay, boss."
Wangcai wiped the sweat from his forehead; especially now, he was no less stressed than anyone else.
point.
point.
After the short positions were withdrawn, the short sellers seemed to see a glimmer of hope.
50 lots.
100 lots.
300 lots.
Nearly 500 short positions are hanging at the point, seemingly declaring their strength to the bulls.
At the buy-one position, there were only 45 long positions.
Victory seemed to be just around the corner.
"Now's the time, let's devour it with a small order."
Chen Dong gave the order.
In an instant.
Small bets consisting of 3-15 standard lots flooded in.
It instantly wiped out nearly half of the 500 short positions above.
"continue!"
After three such instances, only 5 short positions remained at the sell-first position.
"Shit!"
At the same time.
The hedge fund managers glared at George angrily.
“George, what’s with these short covering orders? I think you should give us an explanation.”
......
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