My autobiography is definitely not a tragedy!-Chapter 45 - 44: What is a month’s salary?

At 9:30 in the morning, the stock market opened on time.

Before that, domestic major news outlets were already warming up early.

Headlines like "Weekend blockbuster benefits," "Trade Department releases easing signals, international situation cools," "Central bank’s new round of reserve requirement ratio cuts" swept across screens.

It was as if the stock market would be deviating from the fundamentals, the technicals, and the policy aspects if it didn’t rise—it seemed as though all was well.

But as the market opened, while the experts were still in shock, there was already a chorus of wailing in the stock forums.

"It’s green! It’s turned green again!"

"Front row, hold tight, it might be a low open but rise later, I love roller coasters the most."

"Right, hold steady, we can still make a comeback! Anyway, as long as we don’t sell, we don’t have losses!"

"Bull markets rise slowly and drop quickly, bear markets rise quickly and drop slowly, so this is definitely a bull market, appraisal complete!"

"Be greedy when others are fearful, be fearful when others are greedy, brothers, I feel my greed swelling up fast!"

"Is this all? The market just fell by one point and you guys are like this, go have a look at the Huaxia Energy forum, it’s practically a battlefield."

"Huaxia Energy? Holy cow! Four limit-downs? Can the word ’tragic’ even describe it?"

"Without comparison, there can be no healing, I feel so much better..."

Huaxia Energy forum.

"Bought in at 10 yuan, now it’s down to 6.3, begging for a 10-for-10 split..."

"Do you really think that putting two Pan Changjiangs together makes a Yao Ming..."

"Soul-searching question! The stock price plummeted continuously, is there a problem with the company’s operations? If there’s no problem, facing such a stock price, don’t you management feel ashamed?"

"Ashamed? If shame could help the stock price, I suggest the management die of collective shame!"

"There’s obvious manipulation with the huge fluctuations in stock price! A thorough investigation is demanded!"

"Today was another limit-down. In recent times, every time the market opens, Huaxia Energy hits the limit-down quickly, this is definitely not normal trading, but abnormal, malicious suppression, and short selling behavior.

The board of directors is suggested to thoroughly investigate who is maliciously short selling the stock!"

"Cut it out! Where were you during the consecutive limit-ups? Why didn’t you ask the company to investigate who was maliciously buying up the stock then?"

"Holy fuck! Catch the mole above spouting truths! Brothers, grab your weapons and beat him to death!"

"Sigh~ once limit-down, life is tough as a ghost, only resuming normal life when freed, hard to throw when betting on the bottom, cold in the face of weakness when cutting losses."

"Brother, you’re so talented, let me contribute one too!

Dead and gone I know all’s in vain, I just grieve that stocks don’t rise. When the day of unloading stocks comes, the family won’t forget to tribute to you, old man!"

"What refined tastes you all have, I’m of humble learning, so I’ll go with a modern poem.

I sold stealthily, just as I bought quietly.

I distributed secretly, bidding farewell to the chips in hand.

The retail investors in front of computers, lambs in the stock market.

Beautiful curves in the candlestick chart, they sway in my heart.

The orders on the trading platform, they’re fake, flaunting on the screen.

In the gentle waves of moving averages, I willingly become a leek!

The transactions under the time-sharing chart, if they’re not washing trades, they’re changing hands.

Gently shattered amidst the volume, dreams settle like long rainbows.

Seeking dreams? Propping up a bull stick,

Soaring to higher prices still.

Filled with shares, in the market forum’s commentary, I unload.

But I cannot sing aloud, quietly is the music of parting.

Secretary Dong also silences for me.

Silence is this year’s annual report.

Quietly I ran away,

Just as I came quietly.

I fling my sleeves,

Not taking one share...

"..."

"..."

"To articulate cutting losses and running away with such elegant detachment... For this poetic soul in the forum, I deem you the strongest!"

...

"Bang!" the bald manager’s phone fell, and his eyes glazed over.

"Why is it like this... how could this be... it shouldn’t be..."

Niu Ben picked up the latest model iPhone X from the ground, one corner of the screen shattered, showing a spiderweb crack the length of a finger...

emm...

A twitch formed at the corner of his mouth, he quietly flipped the phone over and gently laid it on the manager’s desk.

"Manager, do we... keep waiting?"

Wait? Wait my ass!

The bald manager shook his head, on the verge of tears.

"The headquarters just called. If we keep hitting the limit-down today, they want us to buy back the contracts, even at a premium!"

"Ah? Then... wouldn’t the company lose even more?"

"What else can we do at this point? The headquarters’ investment research department has already done an evaluation.

The options contract matures in a month, and there are about twenty days left until the deadline, minus holidays, there are a little over ten trading days left.

"If he’s really set on holding onto that stock, who knows how much more it will fall over the next twenty some days? The loss will just be even greater!"

The bald manager spoke with a hint of grinding his teeth.

He never expected to actually encounter a once-in-a-lifetime event...

Right now, every day is a loss of a million or two; even though it’s the company’s money, his year-end bonus is entirely sunk into it, which is painful to watch...

Niu Ben asked cautiously.

"Including today’s limit down, the unrealized profit on his contract is now almost 11 million. So, what price should we use to buy back the contract?"

For an options contract, the profit isn’t just on paper, you also have to consider the "days left to exercise."

Meng Lang’s contract with Galaxy Securities is for a month, which means there are still about twenty some days left.

The longer the remaining "days left to exercise," the higher the contract’s value.

After all, the price volatility within the remaining time also represents the holder’s "potential profit."

As for how much of a premium that equates to, that depends on both parties’ predictions and assessments of future stock prices.

"Didn’t he say his expected profit was 13 million? Let’s start negotiations with that bottom line!"

"This..." Niu Ben started to breathe rapidly.

million?!

My gosh, that’s several houses!

How many lifetimes would it take to earn that much money?

It can’t be denied, he was so envious his eyes nearly turned red.

He never expected that Meng Lang, an ordinary and down-and-out young man, would become a millionaire in just a few short days, achieving the "class transition" that most people can’t accomplish in their whole lives.

He just had his breakfast at a sidewalk cafe, cast a net without much thought, and caught such a big fish.

This isn’t any koi, it’s the king of koi in the carp world!

And to think he was still waiting for the green carp to leap over the dragon gate.

It turns out, I am the donkey...

"Manager, isn’t that a bit too much? Just a word from you adds two million to the premium... I’m under too much pressure, I don’t dare to negotiate!" Niu Ben’s forehead was sweating.

He wasn’t in foreign trade; while earning just a few thousand in salary, he’s dealing with tens of millions in contracts...

The key issue is he lacks this experience!

"Who asked you to negotiate? Just invite him over, I will talk to him myself!"

...

When Meng Lang came to Galaxy Securities for the third time, it was already 11:30 am.

The early trading session had just ended, and Huaxia Energy stocks were still firmly pinned to the ground, with thousands of sell orders suspended in mid-air, eagerly waiting to land.

"Mr. Meng, nice to meet you. I’m Manager Liu, Tony’s manager, and the person in charge here," the bald manager introduced himself with a forced smile, almost as if he was about to sprout a chrysanthemum from his grin despite his inner hatred for Meng Lang.

Meng Lang shook his hand and couldn’t help but glance at Manager Liu’s gleaming Mediterranean bald spot, silently praising his professionalism.

As for Teacher Tony, he could only offer a forced laugh while standing aside, serving as nothing more than a prop.

"Manager Liu, nice to meet you. May I ask what brings me here today?" he asked, feigning ignorance.

"Ahem! It’s about the options contract you have."

"The contract? Is there a problem with it?"

"Well, considering the current stock price is quite volatile, our company’s headquarters has a suggestion.

To reduce the company’s risk exposure and to enable Mr. Meng to lock in profits early, we’re willing to offer a premium to buy back the options contract from Mr. Meng."

"Premium? How much more?" Meng Lang asked, intrigued.

"Um... 12 million!" the bald manager blurted out, teeth gritted.

"emm..."

Seeing Meng Lang frown, the manager quickly spoke again.

"This... I know that Mr. Meng’s psychological expectation is 13 million, but considering market volatility risks and..."

"Wait!" Meng Lang interrupted the bald manager’s attempts to argue his point.

He raised an eyebrow. "Who said my expectation is 13 million?"

"Uh..."

Both the bald manager and Niu Ben froze, looking at each other.

"This... Mr. Meng, didn’t you tell me before that..."

"Before? How many days ago?" Meng Lang looked towards Niu Ben.

"Um... that should have been 5 days ago..." Teacher Tony seemed to sense trouble brewing.

"Right! The expectation from 5 days ago, can it be the same as today’s? It’s like 5 days ago I asked you to buy at a premium of 12 million, would you buy then?"

He made such strong points that I couldn’t argue against.

Niu Ben cast an innocent look towards the manager.

Fighting back the urge to scream, the bald manager chuckled awkwardly, "So... what is Mr. Meng’s current expectation?"

"A firm price! 14 million!"

Niu Ben shivered upon hearing that.

My word! Just a movement of your lips and you’ve increased it by an additional million!

Is money that easy to come by?

He was genuinely curious now.

Just how much do you earn in a month?

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