Bearish on a stock is a completely different thing from bearish on a section, such as the real estate development sector, which currently has more than 100 stocks, and dozens of stocks are qualified for margin financing and securities lending.
When Lei Hao decided to short the real estate development sector in the ultra-short term, the project team immediately ran at full capacity, and from the morning to now, the collected data and analysis reports can fill the entire conference room.
Lei Hao naturally can't read them all, he first has to pick out the target stocks with the members, and then distribute the funds in these stocks, not only to keep the returns and risks at a considerable level, but also to let the funds flow in and out quickly, which is not a small project.
On Monday the 11th, the lights in the office area of the Thunder No. 1 project team were on until nearly the early hours of the morning, and the sound of discussion continued to sound in the conference room, and the final plan was decided by Lei Hao in the debate.
At 7 o'clock in the morning on Tuesday on the 12th, after the completion of yesterday's settlement, the project team was finally able to use the funds today, and a group of people with black circles gathered in the conference room again, and everyone slightly modified the details of the plan according to some new information in the past few hours, and then sat and waited for the stock market to open.
At 9:15, the call auction began, and because there were too many underlying stocks, Zhao Lichen's workload suddenly increased a lot, but this kind of complicated work was an opportunity for him to perform.
As a trader, Zhao Lichen can throw away the mouse and continue to operate with only the keyboard, Lei Hao thinks he can't do it.
"Rongxin Real Estate, 386, a small rise, Zhongqiao shares, 1054, a small rise in the sector index is red."
Zhao Lichen is used to talking about the plate, and today's market is quite weird, the real estate development sector is actually red, and most of the stocks in the sector have risen slightly.
"Sell" Lei Hao gave the order very simply, but Zhou Junyun, who was waiting for the opening of the bulk trading platform beside him, was slightly worried in his eyes.
Once the stock market is opened, it will continue to rise for a period of time in most cases, and if it falls again, it will fall again, although this is not absolute, but it is always relatively likely.
Lei Hao's decision is to sell short, that is, how much the underlying stock falls, he will make as much as he earns, if it rises, he will lose money, and sell short when the market is good, and the risk will undoubtedly be magnified.
“ok。”
Zhao Lichen didn't have time to think too much about it, Lei Hao said to sell, and he would sell it.
According to the plan, the project team's securities lending quota was slowly consumed, and by the time the continuous bidding began at 9:30, Zhao Lichen had used up nearly 3 million securities borrowing and lending quota by relying on scattered sell orders.
"Open high" Lei Hao frowned slightly, since today's opening price is red, it proves that the price with the most trading volume during the call auction is higher than yesterday's closing price, which is not a good signal for him.
"There is no single platform."
Zhou Junyun, who was staring at the bulk trading platform, glanced at the declaration of intent, and then spoke.
"The sector index is 2298, and it is currently up 062."
Zhao Lichen also made an offer at any time: "The indicators are improving, and they are still rising." ” "Sell."
Lei Hao casually ordered, Zhao Lichen got the order, and his heart was much more stable, and he sold short as usual according to the plan.
Another half an hour has passed, the increase in the real estate development sector has been close to 1, and orders have begun to appear on the bulk trading platform, but the prices are too low, and Zhou Junyun is negotiating with these people.
Compared with some time ago, the atmosphere of today's work area seems a little depressing, the reason is very simple, the project team is losing money, although the speed is not fast, but the real estate development sector has been rising, and the project team has been losing money.
"The quota of securities lending has been used up to 20 million, and it is currently losing money."
Zhao Lichen's tone was a little hesitant, if it was his own money, he would not dare to short sell securities at this time, the trend of the index is too obvious.
And now it is 10 o'clock continuous bidding time, and the project team provides more than 40 underlying stocks, with Zhao Lichen's ability, he may be able to use up most of the 57.2 million securities lending quota before the lunch break. 57.2 million, a loss of 1 is 5.72 million, which is definitely not a small number.
Lei Hao also had some waves in his heart at this time, according to the analysis, he and Zhou Junyun both felt that today's market was relatively bearish, and the future information also showed that the market of the real estate development sector was not good, but it was rising, it was actually rising.
"Sell" Lei Hao said for the third time, his tone was still very firm.
"Manager, there is a purchase intention, and the other party is willing to buy Rongxin Real Estate at a premium of 1, but the number of shares is required to reach 10 million."
Zhou Junyun also found a buyer on the bulk trading platform.
Lei Hao immediately came to the spirit, short selling, of course, the higher the selling price, the more profitable the price, the price of 1 is a very good number, but the number of 10 million shares is all invested in one stock, which is not conducive to future retreat.
"Ask them if they are willing to buy multiple stocks in combination with each other, 10 million shares are all Rongxin Real Estate, too much."
Lei Hao commanded.
Rongxin Real Estate's current increase is hovering around 07, and the other party is asking for a premium of 1, which has actually given Lei Hao 03 more space, but if the amount is too large, Lei Hao would rather give up this opportunity.
"Ningshan Business Department, premium 05, requires the purchase of 5 million shares of Rongxin Real Estate," the declaration intention on the bulk trading platform began to increase, and Zhou Junyun was also busy: "Nanyuan Business Department, premium 073, requires the purchase of Nanhua Expressway with a market value of 5 million yuan" Zhou Junyun reported the information in an orderly manner, and after looking at today's market, he suddenly hesitated, and said to Lei Hao: "Manager Lei, judging from the information revealed in these lists, there are a lot of funds in the real estate development sector that are pulling up and building positions. ” "Talk to them."
Lei Hao knew that Zhou Junyun was persuading that if there were more funds to open a position, the possibility of the stock rising would become greater, and the risk of short selling would undoubtedly increase again.
The securities market is changing rapidly, and when it changes, it is difficult for you to completely analyze all the data at the first time, and participants rely on experience and sensitivity to data to draw conclusions and give implementation in a short period of time.
The time for you to make a decision is too short, and there are too many funds involved, and the pressure on securities investment is naturally too great.
Just like now, Lei Hao had already made a plan with Zhou Junyun, and even they had filed a small probability event for the plate to rise, but when this small probability event appeared, it was inevitable that everyone's determination would be shaken.
Fortunately, Lei Hao is the project manager, as long as he is firm, no matter what others think in their hearts, but the work must be completed according to his requirements, under his insistence, the project team's securities lending quota is slowly decreasing, until it is completely used up at about 14 o'clock in the afternoon.
"Rongxin Real Estate, 10,000, Nanhua Expressway, 3.53 million, Zhongqiao shares, 4.52 million The current state is a loss of 086."
Zhao Lichen seemed a little weak when he made an offer, he was in a very high mood some time ago, but now he is sluggish.
Not only Zhao Lichen, but Lei Hao could feel that the rest of the project team had worry in their eyes, obviously lacking confidence
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