Across the sea: I have a daily limit system

Chapter 485 5 Million Dollar Security Deposit

Moreover, if you buy the stock directly.

You can't buy many high-priced stocks like Tesla.

Naturally, Chen Feng chose the first option.

It is already very similar to leverage.

With only a small amount of margin, you can leverage more funds to short.

This is definitely the most suitable for Chen Feng at present.

The cost is low, but the risk is high and the return will be higher.

Of course, for Chen Feng who knew the result.

Then, it must be the one with the highest yield.

Because he currently has a deposit of [-] million US dollars in his hand.

However, what Chen Feng didn't know was.

With this [-] million US dollars.

How much Tesla stock can you borrow?

About this question.

Of course, he has to ask Pique as a trader.

Then, Chen Feng naturally asked him this question.

Pique replied:

"Mr. Chen"

"If the [-] million is all used as a deposit"

"We can borrow $50 billion worth of stocks"

"Of course, as long as the stock price falls, we can make money"

"But if the stock price goes up, there will definitely be a margin call"

"This is also to prevent that we will not be able to buy back all the stocks by then"

"So, I don't need to remind you of this risk."

Hearing this, Chen Feng immediately understood.

In other words.

You can use this [-] million US dollars.

Leverage 50 billion US dollars of funds.

Of course, Chen Feng is also very aware of the risks involved.

If within the specified time.

The stock price has fallen, so if you buy it back again, you will make money.

But the stock price rose.

You need to use more cost to buy.

This could go bankrupt straight away.

However, Chen Feng understood all of this very well.

The reason why he still wants to gamble is entirely because he knows the result.

The reason why you are in such a hurry to go short.

that is because.

In the next short time.

Tesla's stock price would return to around $600.

"Tesla stock price is now $750"

"According to our funds, we can borrow 50 billion US dollars of market capitalization stocks from the market, that is 660 million shares of Tesla, is that the calculation?"

Chen Feng asked.

"Yes, Mr. Chen"

"However, I have to remind you"

"As long as Tesla goes up, we have to keep doing margin calls"

Pique still made a reminder.

Of course, this Chen Feng knew, so it was no problem.

Anyway, this money was earned from GME.

Use the money earned from GME.

Why not short Tesla?

"it is good"

"From now on, Pique, you and Kiel, can be responsible for borrowing shares."

"After borrowing stock, ship it as soon as possible"

Chen Feng reminded.

Hearing this, Pique and Kiel nodded silently.

To know.

Short Tesla in this way.

Sooner or later, the [-] million deposit will be lost.

In this regard, the two could not help but feel a little worried.

You know, they had a hard time finding a place on Wall Street.

Just started and went bankrupt?

What's the matter here? ? ?

But this is Chen Feng's decision.

They have no way to refute.

You know, Chen Feng took [-] million US dollars to gamble.

What are they fighting against?

As long as they resist, maybe Chen Feng will let them go directly.

"Yes, Mr. Chen"

"The issue of borrowing shares, we will get it done as soon as possible"

Pique replied with a face full of embarrassment.

for this kind of thing.

Pique, who is often short, is simply easy to catch.

"trouble"

"Tomorrow, I must see that there are stocks in the account"

Chen Feng urged.

In this regard, there is still some impatient.

You know, Tesla's stock price will soon come down.

Purchase, ship, and repurchase one day earlier.

It's all money.

Chen Feng couldn't help being in a hurry.

After the meeting was over, the time, in the blink of an eye, was already in the afternoon.

Chen Feng took Wang Lin back to the hotel.

"Mr. Chen, Tesla has been so good recently"

"Isn't the risk too high for us to sell short like this?"

Wang Lin asked with embarrassment.

Just, in the conference room.

Wang Lin didn't say anything.

Because he came with Chen Feng.

It was impossible to question Chen Feng in front of others.

at this point.

Wang Lin is very clear.

If you don't support Chen Feng yourself.

Then, in the future, there must be no good fruit to eat.

The current Chen Feng is no longer the lunatic he knew back then.

Now he acted resolutely without procrastinating.

He was completely different from Chen Feng before.

But for this matter above.

Wang Lin still wanted to know.

After all, in the future, he will replace Chen Feng to work here.

If you don't know anything.

Is this executive in vain?

Hearing this, Chen Feng looked at Wang Lin blankly: "Didn't I already talk about it when I had a meeting this morning? Linzi, why are you still asking?"