Chapter 756

"Who told you that crude oil was going to rise sharply?" Chen Wei asked Feng Lin.

"It's a vice president of Guohua bank. Last night, several people had dinner together. I wanted to call you one, but you didn't have time. He told me that crude oil was going to rise sharply. In fact, I know what he meant. He just wanted me to invest some money in that crude oil shell. Didn't you say that it's unreliable last time? I didn't promise him. But he said that crude oil is big Is it true? Anyway, I went back to check last night and found that the international crude oil has really increased a lot in the past two days. Oh, by the way, I heard that the United States and Liberia have also put forward a policy of negative price trading. They talked there for a long time yesterday, and I didn't understand what it is. But I heard what they meant. This negative price trading has no impact, isn't it? "

Feng Lin talked to Chen Wei endlessly.

Chen Wei was generally clear.

After another cup of tea, he said, "I don't need to be too specific. Just tell you, we're going to short crude oil on a large scale."

Feng Lin was stunned and asked, "short? Do you mean that crude oil will not rise sharply, but also fall sharply?"

Chen Wei nodded.

Feng Lin also drank a cup of tea, frowned slightly and said, "but now the oil price is so low, where else can it fall?"

"It's a negative price deal," Chen Wei said with a smile.

Feng Lin frowned even more: "no, you mean, can the oil price really fall to negative?"

Chen Wei said: "I can't say whether it can fall to negative. Anyway, our view is that oil prices are likely to fall. If you believe us, follow us. If you don't believe us, even if you don't believe it."

"You said you were going to short, so I must follow you. The key is that I don't understand now. How can the oil price fall to negative? That means that I don't have to spend money to buy a barrel of crude oil, and the seller has to give me money? Is there such a good thing?"

Feng Lin asked puzzled.

"How to say, this negative price trading mechanism only exists in futures. Except for the final delivery, futures do not involve physical transactions, but only standard contract transactions. Therefore, whether it is negative or not does not have much impact on contract transactions. Anyway, the positive price is settled according to the positive price, and the negative price is settled according to the negative price A simple mathematical problem. The real impact is the final delivery. If there is a negative price, when the futures are due and settled, as you said, the seller should not only give you crude oil, but also give you money back. However, you should not think that you are taking advantage of the stool. You should know that the delivery of crude oil futures in the United States is in the designated warehouse In other words, if you want to get the crude oil, you have to go to the United States and contact vehicles and ships for transportation. After the crude oil is transported back, you have to find a place to store it. The cost in the middle is certainly not a small amount. It is likely that the money the seller pasted back to you is not enough for you to transport the crude oil back... "

Chen Wei explained to Feng Lin that before he finished, Feng Lin hurriedly said, "then I can't transport it back. I'll just rent a warehouse for storage in Meili. When the oil price rises, I'll sell it directly. Won't I make a lot of money? It's just to spend some rent."

"But that's the problem. As far as we know, the crude oil storage warehouses in almost all countries around the world are full. It's almost impossible for you to find a warehouse in the United States to store crude oil. Even if you can find it, the rent must be sky high," Chen Wei replied.

"Well... I don't want this batch of crude oil at all, OK? I just want the money from the seller. I don't want what they like to do with the crude oil," Feng Lin added.

"For futures delivery, if you don't accept crude oil, how can people give you money? What a fool?" Chen Wei shook his head and laughed.

"Then I'll receive it. After receiving it and getting the money, I'll directly find a place where there is no one and throw away the crude oil. Don't want it. Is that ok?" Feng Lin said again.

"Hehe, believe it or not, if you throw crude oil on your front foot, your back foot will receive a summons from the American court," Chen Wei said.

Feng Lin also knows some laws in the United States. A futures contract is 1000 barrels of crude oil and more than 140 tons. Even if you buy only one futures contract, it is not a small amount.

Besides, since you want to buy it, you can't just buy one.

It's not easy to dispose of so much crude oil quietly in the United States. If you don't do well, you'll really receive a subpoena from the American court.

"So, I really can't take advantage of it?" Feng Lin seemed a little unwilling.

Chen Wei smiled and said, "isn't that obvious? The United States and Liberia didn't let you take advantage of them to launch such a policy."

"Yes," Feng Lin thought for a moment and said.

"So, let's not think so much. Let's do nothing honestly. Maybe we can make a small fortune," Chen Wei said again.

"The people in the bank are really special. They are not things. They fooled me to do more yesterday. Fortunately, you are a great God. Otherwise, they would have ruined me." Feng Lin thought of it and said with hatred.

"They probably didn't mean to pit you. If the United States and Liberia hadn't suddenly launched this negative price transaction, to tell the truth, the current oil price is really very low. There are still some experts in Guohua bank. They must have carefully studied and judged the current international oil price and feel that they can enter the market to copy the bottom. Only then did they wantonly attract customers to do more through their crude oil shell However, they only see the long-term situation and ignore the short-term technical risks of crude oil, "Chen Wei said.

"I don't care about the long-term and short-term. Anyway, all I know is that I was almost cheated by those Wang Badan, and I really have to stay away from those guys in the future." Feng Lin said angrily, drank a cup of tea, and asked Chen Wei: "when is this crude oil short? Directly short next Monday? Or wait?"

"Wait a minute. If you can't wait, I still have a good chance to make money. You can follow in first," Chen Wei said.

Feng Lin's eyes lit up and hurriedly asked, "what good opportunity?"

"As soon as the market opens on Monday, you will short long Chuang. How much is empty," Chen Wei said.

Although there is a high probability that Zhou Yilong will open low, there is no limit for Hong Kong stocks. Just go inside boldly.