Chapter 298: Wall Street, caught in the vortex of crude oil futures



"Oliver, keep opening small short orders below 38.50."

"Jason, you're at $38.45 per barrel. When the stock price drops, place a short order for 5,000 lots."

"Everyone else, keep pushing the price down within this range and open short orders."

Everyone said, "Okay, Boss."

Suddenly, Oliver said in fear: "Boss, this is bad. Large orders have appeared from multiple parties."

"They placed 5,000 long orders at 38.55 and 38.60, and there were also tens of thousands of small orders in the range."

"Small orders are still increasing, and many retail investors and institutions have also joined in."

Qiao Zhi Soros said in shock: "What?!"

He stared at the market in surprise and roared, "Hold on! We can't let them break through the barrier."

"Jason, place a short order at $38.60 per barrel to suppress the bullish momentum."

"At the same time, Oliver, keep placing short orders at 0.05, 2,000 each. Push the price down for me."

However.

Oliver said with a bitter face, "Boss, we are running out of funds."

"Also, judging by their momentum, they seem to have a lot of ammunition, but we're running out of bullets."

"Boss, you have to find a solution as soon as possible, otherwise the stock price won't last long."

Qiao Zhi Soros frowned and said, "How many short positions do we have in crude oil futures?"

"Boss, we have opened a short position of $1.76 billion, and there is still $240 million in the account."

"Furthermore, our current price is $38.60 per barrel, and we've made a profit of $230 million. If we close our positions, crude oil futures prices could skyrocket, and we could end up losing hundreds of millions more."

Qiao Zhi Soros said with a gloomy face, "I understand. You guys hold on, I'll find a way to deal with the rest."

Suddenly, the secretary came running over and said, "Boss, Mr. Smith from Morgan Stanley wants to see you."

"I've transferred the call to your office. He said he has news for you."

He frowned and said doubtfully, "Okay, I'll be there now, you go ahead and do your work."

A few minutes later.

He returned to his office, picked up the desk phone, and said, "Hello, Mr. Smith, this is George Soros."

"My secretary told me you have some news for me. What is it?"

At this time, Smith leaned back in his chair, holding a red wine glass in his hand, shaking it and said, "Mr. Qiao Zhi, I heard that you are in trouble with crude oil futures."

Qiao Zhi Soros said with a dark face, "Mr. Smith, you didn't come to me just to make fun of me, did you?"

"After all, winning and losing in the financial market is normal. No matter how big or small, you can win it back next time."

Smith smiled and said, "Really?"

"But the following news may surprise you."

"What news is it?"

Smith took a sip of the red wine in his hand and said slowly, "The one trading crude oil futures against you this time is Miracle Group!"

Qiao Zhi Soros was shocked and said, "What?!"

"You mean the one who's long on crude oil futures is—Bao Junyi?"

Smith laughed and said, "That's right. Moreover, I placed a heavy bet, and I made the plan a year earlier than you did."

"What?!"

"That doesn't mean that no matter how he plays, he's making a profit. It's just a matter of how much he wins."

Smith nodded and said, "Yes, this is the intelligence we at Morgan Stanley just obtained through special channels."

"So, how you deal with it next is up to you."

Qiao Zhi Soros's expression kept changing, beads of sweat appeared on his forehead, and he was very uneasy inside. After all, he had lost to Bao Junyi several times and was a little scared.

Moreover, I heard that he has arms trade with countries such as Saudi Arabia, Iraq, Iran, and Afghanistan. How can this be possible?

Qiao Zhi Soros was silent for a moment before he said, "I understand. Thank you, Mr. Smith."

"If the news is true, I, Qiao Zhi, owe you a favor."

Smith smiled and nodded, "Well, then I'll hang up first."

"good."

At this time, the secretary next to Smith, sitting on his lap, whispered: "Why did you tell him the news? We can also join in the harvesting of them and make a fortune for you, right?"

"Besides, we have no dealings with the Quantum Fund, so why should we help them?"

Smith put the red wine glass on the table, put his arm around the enchanting secretary, and said, "Qiao Zhi is an old fox. He should notice the clues soon."

"Besides, this is just a favor. It won't affect our ability to join the Miracle Group and make money."

"But if I need this favor in the future, I won't do it the same way."

The secretary boldly put his arm around Smith's neck and whispered, "Really? Sir, you're amazing. You're worthy of being Morgan Stanley's chief analyst."

Smith said with a smile: "I'm not only good at analysis, but I'm even better in another aspect."

"Do you want to try it?"

At this time, the secretary, wearing a slim-fitting dress, blushed and said boldly, "Oh, which aspect?"

"You'll know soon."

Smith tidied up his desk...

A few minutes later.

A fierce fight broke out in the office, and the aftermath of the fight spread far away. Fortunately, there were only bodyguards at the door and no one else.

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