＜ Catch Hyunjun Choi 05 ＞
＜123＞
“haha! professor! Congratulations! The [STL Biopharma] investment was reported by Assistant Manager Kim Yo-han!”
Deputy Kim Yo-han?
Come to think of it, Yohan’s position is currently given the rank of ‘assistant’. Of course, since the futures and options team 2 did not have a team leader yet, Yohan was the most senior among them, and he was in the right position to be responsible for various investment reports to the company representative.
On the other hand, Hyun-joon answered right away as he stared at CEO Dennis Kim, who greeted him.
“I was just lucky. Still, the company’s operating funds have increased significantly, so the investment management will be able to change more flexibly in the future.”
Then Hyun-joon turned his head to team leader Na Hye-na, who was standing next to CEO Dennis Kim.
Currently, she is staring at Hyeon-jun with exceptionally sparkling eyes. As various articles broke out, a lot of things became known about Hyun-joon, but she came to know for sure that Hyun-joon was not just a rich man. In particular, he seemed to have a very intense curiosity about this phenomenal investor.
“By the way, Captain, what’s on my face?”
His gaze was so intense that Hyunjoon asked softly. Then, team leader Na Hye-na lowered her eyes a little, saying ‘Oh, I’m sorry’.
Then CEO Dennis Kim immediately smiled and opened his mouth.
“haha! Professor, after hearing about your investment in [STL Biopharma], our team leader Na Hye-na has been running wild since morning. really! Manager Na, did you say that you completely analyzed the [STL Biopharma] stock price chart?”
“···yes. CEO.”
At this time, Na Hye-na, the team leader who smiled awkwardly, answered, and then looked at Hyun-joon again and opened her mouth.
“Professor, please sit down and talk.”
So, I immediately took my seat in the conference room.
After a while, team leader Na Hye-na opened her mouth again.
“Professor, there is something I really want to ask you, can I ask you a question for a moment?”
What question?
“Which one? Please speak.”
As Hyeon-jun readily agreed, team leader Na Hye-na glanced at CEO Dennis Kim and opened her mouth.
“[STL Biopharma] I was really surprised in the morning when I heard that the investment in the ‘Call’ position made a huge profit. Actually, there was a gap increase in the beginning, but it was a sluggish flow. Even so, it was really impressive that you endured it and finished your investment stably. By the way, Professor! After the stock price reached $156, it reversed downward, and I heard that you gave instructions to invest in a ‘put’ position at that timing. But why did you suddenly order the liquidation of the ‘put’ position?
So, given that Hyun-jun gave up the ‘put’ at the end of the investment, Team Manager Na Hye-na seemed a bit strange.
Perhaps CEO Dennis Kim was staring at Hyeon-jun as if he thought it was strange.
Well, if everyone is in that situation, it would be very strange that Hyun-joon suddenly gave up on investing.
But Hyunjoon couldn’t help it.
“Oh yeah! I, team leader, then, by any chance, what was the closing price of [STL Biopharma]?”
When Hyeon-jun asked that question, team leader Na Hye-na immediately answered.
“It ended at $132.56.”
$132.56?
The stock price, which soared to a whopping $156, eventually collapsed mercilessly and turned from positive to negative.
In particular, since a sharp decline chart appeared after $156, if there is no special reversal, today’s intraday flow is likely to show a long black candle on the stock price chart of [STL Biopharma].
So, investors who took the ‘put’ at the $156 level, their yield will rise explosively from today.
But Hyun-joon had the best option in his hand and let it go. In the judgment of the team leader Na Hye-na, it was too futile.
“maybe···.”
First of all, after Hyeon-jun said that, he ended up laughing. You missed your best chance. It is only natural for team leader Na Hye-na to wonder if there is a special reason for her actions.
That said, I can’t bring out the story related to director Gary Grubbs here.
He couldn’t even explain his ‘ghost sense’, so Hyeon-jun just made simple excuses.
“The reason is simple! I, the manager, must have looked at the chart, but the stock price was volatile, so I think that’s why I thought it was for the best. Even after such a sharp decline, it can suddenly rise and reverse sharply. After all, isn’t stock price a very strange thing?”
“But Professor! I think the distribution is a little different from the previous ‘call’ position investment.”
Well, it might seem that way.
It was because in the early stages, Hyun-joon showed distribution that endured difficulties.
In other words, the stock price of [STL Biopharma] did not continue to rise during the past week. At the same time as the market started, it started with a gap increase, but a sudden surge in trading volume led to a downward reversal, with the stock price going down to $133.33.
At this time, Hyun-joon went out with a ‘call’ from the beginning and stood firm even at the moment when it reached $ 133.33, lower than the closing price of the previous trading day. And in the process of the stock price rising significantly afterwards, Hyun-joon safely completed his investment.
“But, don’t you know me, the team leader? If you look at the previous chart in front of you, you can clearly see where the investment point is and where the stop loss point is. But during the day, no one can notice those chart changes.”
So Hyun-joon explained that he had an investment point due to the large intraday volatility, but liquidated it because he thought the ‘put’ would be dangerous for a moment.
Then, Na Hye-na, the team leader, nodded as if she understood only then.
Perhaps if Hyun-joon ate in ‘Call’ and made a huge profit again in ‘Put’, wouldn’t that be perfection itself? It is such a perfect investor who fully predicts the flow of stock prices and invests accordingly.
In that sense, it was true that Hyun-joon showed a bit of humanity (?) in his last investment.
“yes. Maybe so. Then Professor. May I ask you just one more question?”
“yes. Please speak.”
Na Hye-na’s eyes twinkled again, and she was asking the second question very carefully, as if she were a student being taught by Hyeon-jun.
“At the beginning of the market, you made a very bold investment, but I wonder what kind of investment points you read. Of course, I know there is a possibility of a ‘call’, but isn’t it really difficult to make such a large investment boldly?”
Well, yes.
Who would simply invest 350 billion won in one stock and in one direction? If the investment goes wrong, it is because the nature of option investment can blow the entire principal at once.
“Yes, it is very difficult. Especially when it comes to options investing! But that is my specialty.”
“yes?”
At that moment, team leader Na Hye-na suddenly panicked and immediately asked back.
However, Hyun-jun decided not to make excuses in this answer.
It is because if someone like Na Hye-na, the team leader, believes in the words and follows them later after saying something useless, it may result in a great loss in investment.
So Hyun-jun said ‘specialty’, and also kept his mouth shut as if it was a trade secret.
Then Na Hye-na, the team leader, opened her mouth again as if she couldn’t do it.
“Well, Professor! Why did you give the order to close the ‘call’ position at the $150 level? There was a possibility that the stock price would rise further at the time.”
At this time, Hyeon-joon smiled for the first time. Then, I secretly looked at CEO Dennis Kim, and he too was staring at me with very curious eyes.
Apparently, the two of them made up their mind today and thought to ask themselves such questions.
Well, with the media talking about him so much these days, they seemed to be even more curious about him.
“Well, something like this. Let’s take Bitcoin, a virtual currency that is popular these days, as an example. If you bought these bitcoins in the early days, they would probably be worth a lot by now. The returns would have been huge. But most of the people who bought those bitcoins in the early days didn’t enjoy those returns at all. Why? The average investor would sell everything if the value rose only 10%, or at least doubled or tripled. On the other hand, in a bear market, most people will never be able to tolerate a 10% drop in value, or even a 20% or 30% drop in value, and most will lose money. That is because of the uncertain future.”
Then Hyunjoon put a smile on his lips.
“Head Na Hye-na! Stocks like this are investing in the future, but isn’t this future always risky and uncertain? Of course, if you look at the chart of the past week, which is already in the past, it is very easy to find that investment point, but if you consider the current ongoing stock price and the future of that stock price, what is really difficult is investment.”
After saying that, Hyeon-jun looked directly into the eyes of team leader Na Hye-na.
“I enjoy volatility very much because I mainly focus on short-term investments. But the volatility is very frightening. So, before falling to hell, escape first! That seems to be the point of my investment.”
At Hyeon-jun’s explanation, the two people’s expressions look strange, as if they knew or didn’t know.
However, Hyeon-joon couldn’t say more details than that.
Because he can’t directly refer to his ‘ghost eyes’.
However, Hyeonjun thought his explanation was appropriate.
In fact, why would such a saying “buy on the knee and sell on the shoulder” come out?
Originally, this kind of investment is because the buying point is important, but the selling point is also very important.
Even so, most people are just frantic about it to catch the buying point at a low price.
On the other hand, institutions and foreigners who touch big money are good at targeting low-priced buying points, but generally their specialty is to catch selling points very well.
In other words, institutions or foreigners who continue to net buy even though the stock price has risen significantly. Although such appearances will look strange in the eyes of ordinary shareholders.
They also have good reasons.
In other words, before investing begins, their own target price will be set. After setting such a selling point (target price), investing can lead to continuous buying.
“Well, so the professor said… a stable escape, that is! Aren’t you saying that the target price is important?”
At this time, CEO Dennis Kim suddenly intervened in the conversation as if he realized something.
Hyunjoon looked at him immediately and nodded.
“yes. you’re right. You’ve probably heard this and that from assistant manager Kim Yo-han. I always set a target price and invest, but it is my investment policy to boldly shake off the price when it approaches the target price. And, as you well know, if stock prices always peak, they will inevitably fall. Originally, the high point is not a reflection of pure value, but there is bound to be a bubble there. So, robbing it before it goes to hell is my own short-term investment method.”
After answering like that, Hyeonjun looked left and right again.
Of course, he said that, but it is true that his own investment method is very difficult to apply in actual investment.
Ho Ga-chang, who doesn’t even know what’s ahead. How difficult it is to decide when to buy and when to sell there.
After all, the most important thing in investing is setting a selling target!
There must be a more reasonably set selling target price, not a selling target price that was just beaten by the senses.
An investment strategy should be designed based on that target price.
“Well, that’s enough of that, let’s talk about something else now. CEO! I have some suggestions for the company’s investment policy from now on. Can I tell you a little about them?”
In the meantime, Hyun-joon now talked about the company’s future investment vision.
First of all, with the success of the previous [STL Biopharma] investment, the amount of investment that [C&K Investment] can manage has grown significantly.
Excluding the capital of the company, the 350 billion won that Hyun-joon put in as an actual investment quickly grew to about 1.35 trillion won.
In addition, if the 90 billion won taken out of the company’s capital and other miscellaneous investments are added, the total asset under management is about 1.5 trillion won.
In other words, it can be seen that the company’s status has risen vertically at once.
Of course, based on domestic asset management companies, Korea’s No. 1 company is managing approximately 250 trillion won in assets.
Compared to that highest standard, it is still far short.
Nevertheless, isn’t it true that [C&K Investment]’s rising momentum is very frightening?
“…So I think we need to grow the size of the company even more while attracting more external investment in the future. In order to meet the size of at least a top-ten asset management company, the assets under management must be at least 32 trillion won.”
Just like that, Hyunjun also revealed a very strong aspiration.
At the same time, we were able to talk about the actual operation of the company.
And since then, time has passed very quickly.
It was midnight, and Hyeon-jun barely finished the meeting.
After that, Hyun-joon came out of the meeting room after greeting and headed straight to the Futures Option 2 Team.
