Chapter 12: Earning Allowance (2)
One of the defining characteristics of derivatives is that they’re a zero-sum game.
If someone profits, someone else loses.
That’s the nature of the contract.
If you’re shouldering that kind of risk, it better come with returns. That’s why derivatives usually embody the phrase “high risk, high return” better than anything else.
“The goal for now is ten billion won.”
I spoke calmly as I sipped the remaining milk from my glass. Lee Si-hyun’s eyes widened in shock.
“...Ten billion? Ten billion won? H-How?”
“Why? If my prediction’s right, making a hundredfold return is easy.”
Turning one hundred million into ten billion.
That kind of thing happens fairly often in the options market. Of course, the reverse happens just as often, too.
For reference, during the 9/11 attacks in 2001 and the options shock in 2010, there were returns of 50,000%. That’s five hundred times your investment. The people who profited made an absurd amount of money, and the ones who lost...
Well, they were wrecked. Even now, when I think back to that time, my hands and feet still tremble. Damn Deutsche Bank bastards.