My autobiography is definitely not a tragedy!
Chapter 41 - 40: Again?

Chapter 41: Chapter 40: Again?

"What did he say?"

"He said... don’t ask, asking means unprofessional..." Niu Ben replied miserably.

"I... am harming myself!"

The bald manager slapped his thigh and frantically tugged at his own hair.

Niu Ben glanced at him sympathetically.

These past few days, the manager’s Mediterranean, had clearly expanded...

"The account profit has already reached 8 million, 8 million! And he’s still not satisfied! What does he want to do, huh?

His gambling nature is so strong, why doesn’t he go to Macau and become the Gambling King?

Such madmen, how on earth did they pass the investor risk assessment!!"

Looking at the manager, who was already somewhat incoherent, Niu Ben was speechless.

Risk test? What difference does it make whether it exists or not?

Besides, the agreement he signed was a betting contract with our securities firm, the regular risk assessments given to ordinary customers don’t apply to him...

Have you ever seen a casino that requires gamblers to take a risk assessment before entering?

"Manager, what do we do now? The other party hung up so abruptly, he’s clearly determined to make 13 million."

Niu Ben said anxiously.

Yes, since the last call, Huaxia Energy’s third opening day... still hit the limit down...

As of last Friday, the latest stock price was 7.1, showing no signs of stopping the decline.

The news from external sources was worse than ever, with two major countries confrontationally bickering, neither showing any sign of compromise.

Watching one long green candlestick line after another, the already anxious duo felt as if days were like years.

Every time Niu Ben couldn’t help but want to call again to try, he was stopped by the bald manager.

Stuff about this being a psychological war with the other party, better still than moving, comparing betting to dating—where the first to speak loses...

Things about gambler’s psychology, Game Theory... such analysis was furiously intense.

And the result?

Tomorrow is Monday, the market opens right away, and now he finally couldn’t sit still.

The call was made, and they reply with "unprofessional." Frustrated...

"13 million... 13 million... He wishes!" The bald manager seemed to burst out on the verge of collapse, slamming the table.

"To make 13 million, he’d need at least 2 more limit downs, I really don’t believe it, I live to see such things!

Wait till tomorrow when it goes back up, I’ll see if he leaves!"

Niu Ben opened his mouth and looked at the manager, whose eyes were red.

He was familiar with this state, it appeared just like gamblers who had lost their minds...

Indeed, this type of market-maker system for OTC options trading, normal securities firms have two ways to handle clients’ investment positions.

One is the mainstream Delta-neutral hedging.

That is, while selling an options contract to a client, performing the opposite operation in the stock market to hedge against the risk caused by stock price fluctuations, ensuring that they always remain in a risk-neutral position.

This method is risk-free, though it only earns the premium part of the option’s price, normally the profit is only about 0.5% to 1% of the premium.

That is, for Meng Lang’s 500,000 premium, they could earn a risk-free profit of about 2,500 to 5,000.

Of course, this is a relatively meager profit, but this money is earned passively, and with a large client investment amount, the income is considerably substantial.

The second method is betting.

That is, the securities firm enters the market itself when it has a positive outlook, internally absorbing these positions.

Naturally, the higher the risk, the higher the return, the most ideal scenario being that Meng Lang’s 500,000 entirely ends up in their pockets.

A typical case of winning gets you club models, losing gets you club matrons...

In the stock market, not only the stockholders need to overcome greed, but so do the securities firms.

This time, Galaxy Securities chose the second method, to bet against Meng Lang!

After all, based on the previous trend, Meng Lang was practically giving money away.

But who could have expected, a giant black swan to appear out of nowhere, slapping them directly in the face.

Originally, a small order like Meng Lang’s 500,000, even if the market declined, theoretically would only mean a loss of a few tens to hundreds of millions, which was completely within the tolerable range, the risk was there, but not too great.

However, the market’s extreme volatility completely exceeded their research department’s forecast, leading the losses of this "small order" to inflate tens of times day by day.

Even if they now regret it and want to cut losses, it’s too late.

Huaxia Energy now has been hitting the limit down several days in a row, with thousands of unsold orders still hanging in mid-air.

If you want to sell shares to hedge against further drop risks, you have to wait for someone to take over.

And once you choose to hedge, then the losses of several million are also fixed.

Although for Galaxy Securities, which ranks among the top ten nationwide with large and significant business, a loss of several hundreds of millions is not crippling, akin to the level of club matrons.

But for a branch manager, this responsibility was somewhat too large.

After all, promotions and raises were hopeless, bonuses drying up was a foregone conclusion, club models were definitely out of reach...

As for Niu Ben... he was too short, and couldn’t bear such a heavy thunderstorm.

"Wait! Wait for the market to open on Monday!"

The bald manager gritted his teeth and made the final decision.

...

Rationality is a stubborn bull, but gold can lead it by the nose.

In the face of money’s temptation, even the most stringent risk management often becomes nothing more than a moonlight fantasy...

"Greed, it is the original sin..."

Meng Lang shook his head, then silently turned off the stock app on his phone.

These past few days, dealing with Yuan Li had almost made him forget that his assets were still skyrocketing...

Seeing the market trends over these days, he could roughly guess why Galaxy Securities had been calling him frequently and their current ambivalent state of mind.

From the description in "Siege," it’s clear that the other side still harbored a bit of hope.

One of the three great illusions of life, I can counter-attack...

"Uncle, try this. This pork stewed with vermicelli is my specialty!"

Xiao Yu, seeing Meng Lang put down his phone, pushed over a plate of caramel-colored, fragrantly enticing vermicelli and then looked at him with hopeful eyes.

Not knowing whether it was because Meng Lang had shown her up last time, Xiao Yu seemed utterly eager to prove herself today, as if afraid her culinary skills had become useless.

Meng Lang was not shy, directly grabbing a big, shiny slice of pork belly and stuffing it into his mouth.

Instantly, his face lit up with rapture.

Fatty but not greasy, it melted in his mouth.

The flavor of scallions, ginger, garlic, rice wine, Sichuan pepper, star anise, and cinnamon mixed together, plus the mild spiciness that Meng Lang loved...

Another bite of rice, the aroma of the rice pairing perfectly with the juicy pork.

Biting into it, his taste buds exploded!

"If the Second Senior Brother knew he could be made this delicious, he would definitely be comforted."

"Hehe! Then, Uncle, have more," Xiao Yu said, amused, continuously serving Meng Lang more dishes, all of them meat.

"Hey! Hey! Xiao Yu, you’ve taken all the meat, what are we supposed to eat?"

Yan Weiwei puffed her cheeks in annoyance, poking at the rice in her bowl.

It’s all freeloading, so why the preferential treatment?

"You’ve got food and yet it can’t shut your mouth! Look, there are still radishes and noodles," Lin Haitang pointed to the pot.

Yan Weiwei’s eyes widened as she stared at Lin Haitang, almost unable to believe she was the one who said it.

"Without the Second Senior Brother, who are you going to stew the radish with? What about the noodles?"

Her eyes were plaintive, "Haitang, you’ve changed... You know I’m a carnivore..."

"It’s your fault for suddenly showing up without any heads-up."

"Hmph! If I hadn’t smelled the aroma while passing by and come over, I still wouldn’t know you were cooking a special meal! And why... can he?" Yan Weiwei pointed defiantly at Meng Lang.

"Sister Yan, have a chicken leg," Xiao Yu offered a drumstick.

With a fierce bite, Yan Weiwei’s gaze still fixed on Lin Haitang.

"He..." Lin Haitang’s face became slightly awkward, "he helped me out with something today, so this meal is specifically to thank him."

"What?! You two actually went out together without me?" Yan Weiwei’s eyes widened.

Meng Lang rolled his eyes.

"The way you say that, it sounds like we have to report to you if we go out."

"Hey! Sweep this!"

Meng Lang stared blankly at Yan Weiwei as she suddenly handed over a QR code.

Again?

"What?" Meng Lang looked wary.

"To add you to Xiao Yu’s Guard Team chat on Feixin! Next time something urgent comes up, we need a way to contact you, right? Or do you expect to always scream about a clothing thief every time?"

Meng Lang thought about it and realized it made sense.

Although everyone in "Siege" was safe, who knew if the Xu Group might still try something?

If there was trouble, just rallying people, with Yan Weiwei’s off-the-charts force value, regular petty thieves would be like slicing cucumbers and cutting vegetables, right?

He immediately took out his phone.

[You have added a new friend ’Pear Blossom’. You can now start chatting.]

[’Pear Blossom’ has invited ’Meng Rui’ to join the chat group ’Xiao Yu’s Guard Team’]

Pear Blossom?

Meng Lang paused a moment.

He glanced at the triumphant Yan Weiwei and then at the clueless Lin Haitang, his eyes somewhat bewildered.

Are you two serious?

What is up with these wild and fierce nicknames!?