The richest man started taking advantage of loopholes after joining Alibaba.

New York time, 3:45 p.m.

There are only fifteen minutes left before the US stock market closes.

This was the bloodiest moment on Wall Street, known as the "Devil's Quarter."

All day traders will frantically close their positions at this time, and all panic sellers will flee.

The business center of the Waldorf Astoria Hotel was deserted.

Only one computer screen in the corner was lit up.

Lin Che sat in front of the computer, his tie torn off and thrown on the ground, his shirt collar open, revealing his collarbone covered in cold sweat.

On the screen, Yahoo's stock price had plummeted to rock bottom.

$33.15.

The decline exceeded 12%.

This would be a catastrophic collapse for blue-chip tech stocks.

"Drip, drip, drip."

The Interactive Brokers app on my phone emitted an urgent warning sound.

That was the countdown to the option's expiration; every second, the time value was frantically eroding the contract's premium.

Lin Che's finger hovered over the left mouse button.

He is waiting.

Wait for that point of extreme panic.

Chat groups and news pop-ups are filled with negative news such as "Alibaba suspected of fraud" and "Yahoo's valuation reassessed".

Panic is like a plague that has infected everyone.

except him.

The hunter with a god-like perspective.

33.10... 33.05... 33.00!

The moment the stock price touched the $33 mark, the massive sell order wall collapsed instantly, and countless stop-loss orders flooded in.

It's now!

Lin Che's pupils suddenly contracted.

The finger fell.

"Click".

【SELL TO CLOSE】 (Sell to close the position)

The instruction has been issued.

That put option contract, worth over ten million US dollars, was instantly swallowed up by short covering in the market.

The account balance instantly transformed from a red floating profit into real cash.

Cash: $12,850,000.00

Won.

The first phase of the hunt was complete. But he didn't stop.

He didn't even catch his breath.

Lin Che's hand speed was so fast that it left afterimages on the keyboard.

He quickly switched the interface, from the list of put options to the list of call options.

He targeted out-of-the-money call options expiring next month with a strike price of $38.

At this moment, due to the sharp drop in the underlying stock price, the price of this call is so cheap that it's practically worthless.

$0.05 a piece.

Bloodstained chips are everywhere.

"All in."

Lin Che let out a low growl, his voice hoarse as if sandpaper was rubbing against a tabletop.

He entered the number that would make any risk management manager's heart stop:

Quantity: ALL IN (Full Position)

Type: Market Order

No hesitation.

There was no way out.

The twelve million US dollars that had just been pocketed hadn't even been warmed up before it turned into a string of high-risk codes again.

"Click".

The mouse was pressed again.

【Order Filled】

The deal is done.

At this point, there were still ten minutes left before the market closed.

Lin Che released the mouse and slumped back in his chair.

His heart was pounding wildly in his chest, each pounding feeling like it was about to break his ribs.

This is even more insane than the short selling we just saw.

Short selling is going with the trend, while going long is defying fate.

If there's no news from Alibaba and market sentiment doesn't reverse, this $12 million will be worthless when the market opens tomorrow.

But he knew.

The message is on its way.

......

3:50.

There are ten minutes left before the market closes.

Sudden.

A red, urgent news alert popped up on the Bloomberg terminal:

Breaking News: Alibaba Updates IPO Prospectus

Next, the second point:

Alibaba's Q1 mobile GMV surged by 450%, thanks to the "Project W" initiative.

coming.

The data on the micro-group buying that Lin Che had touted as a "strategic project" in the lounge was finally included in the prospectus.

Although this is just a supplementary explanation, and the source of the data is somewhat unclear.

But in a market in a state of extreme panic, that's enough.

This is a shot in the arm.

No, it's adrenaline.

There was a three-second silence.

Then, the market exploded.

On the screen, the Yahoo K-line, which had been lying dormant at the bottom, suddenly stood up straight like a snake that had been electrocuted.

90 degrees.

Pulling scallions out of dry land.

33.5 ... 34.0 ... 35.5 ...

A frenzy of buying poured in; those who were just panic selling were now desperately grabbing shares.

The short sellers were instantly wiped out.

This is called "short squeeze".

Lin Che stared at the screen.

The $0.05 call he bought is seeing its price jump at the speed of light.

0.10 ... 0.30 ... 0.80 ...

ten times.

Double.

Fifteen times.

In the account balance column, the numbers no longer jump, but scroll wildly as if they were going crazy.

$12,000,000...

$25,000,000...

$38,000,000...

Until the closing bell rang.

DING——

Everything froze.

Yahoo's closing price: $39.50.

From a 12% plunge to a slight 2% gain at the close.

This is a perfect V.

Lin Che, who was at the lowest point of the V-shaped pattern, completed a double kill on both the bulls and the bears.

He glanced at the final account balance:

Total Equity: $42,300,000.00

Forty-two million US dollars.

Two hundred and sixty million RMB.

In just one day, he earned more money than an ordinary person could spend in ten lifetimes.

"call......"

Lin Che let out a long breath.

Sweat dripped down his cheeks onto the keyboard.

He reached out to grab the water glass next to him, but found that his hands were shaking so badly that he couldn't hold it.

"The multi-headed one is dead."

"The short sellers are dead."

Lin Che stared at the blacked-out screen, and in the black reflection, he saw his own bloodshot eyes, which were excited like those of a wild beast.

"Only the slippery one survived."

He shut down his computer.

After that intense tension dissipated, a deep sense of exhaustion followed.

It felt like I had just finished running a marathon, or like I had just slaughtered a city.

He packed his laptop into his bag, preparing to go back to his room to take a shower and wash away the cold sweat and the smell of money.

Just then.

"Lin Che".

A faint voice suddenly rang out from the shadows behind him.

Lin Che's muscles tensed instantly.

He was so engrossed in his keyboard battle that he didn't notice anyone approaching.

He turned his head abruptly.

Suddenly, Old Xiao appeared at the entrance of the business center.

Old Xiao's face was very pale, and he held a half-smoked cigarette in his hand, looking at Lin Che with a complicated expression.

For a moment, Lin Che's heart skipped a beat.

Discovered?

Although the interface was closed quickly, if Lao Xiao had been watching from behind...

That was unauthorized stock trading, and it involved insider trading using insider information from the company.

This is a serious crime in the United States and can lead to imprisonment.

Lin Che quietly reached into his pocket and grasped the USB drive.

He quickly calculated possible solutions in his mind: silencing him was out of the question, that was a society governed by the rule of law; so the only option was a deal, dragging Lao Xiao into it...

"Old Xiao, it's so late..."

Lin Che tried his best to make his voice sound calm, but leaned forward slightly, assuming a defensive posture.

Old Xiao walked over.

Every step felt like stepping on Lin Che's nerves.

Old Xiao stopped two steps away from him and gave him a deep look.

Then, he sighed.

"Mr. Ma wants you to go to his room immediately."

Lin Che was taken aback.

"Mr. Ma?"

"Hmm." Old Xiao stubbed out his cigarette on the trash can next to him, his tone carrying a sense of relief at surviving a disaster, as well as a hint of awe for Lin Che.

"The stock price has rebounded after the prospectus was updated."

"Goldman Sachs just called and said the betting agreement can be cancelled. Not only that, they also want to make additional investments."

Old Xiao looked up and patted Lin Che on the shoulder.

The hand was heavy, but it didn't seem hostile.

"You little rascal, you really went all out this time, almost scaring the company to death."

"But... well done."

It turns out they weren't there to catch us red-handed.

They've come to deliver an imperial edict.

Lin Che's tense muscles slowly relaxed, and he pulled his hand out of his pocket.

Fortunately.

God is still on the side of greed.

"Let's go." Old Xiao turned around. "Don't keep the boss waiting."

"OK."

Lin Che picked up his briefcase and followed behind Lao Xiao.

He walked past the huge floor-to-ceiling window.

Outside the window, the Manhattan nightscape remains enchanting, with countless lights twinkling in the rain and mist.

Beneath those layers of neon lights, no one knew that just moments ago in this small room, a young man had taken a mountain of gold from the world's largest casino.

But he knew this was not the end.

Mr. Ma's room was the center of power.

His current net worth has given him the right to stand on equal footing with those in power.

"etc."

Lin Che suddenly stopped in his tracks.

"What's wrong?" Old Xiao turned around.

Lin Che straightened his collar and moved the tattered laptop bag covered in stickers to his left hand.

The right hand is now free.

"It's nothing."

Lin Che smiled slightly, his eyes clear and bright.

"I just wanted to change my approach to get what's mine."