:28:00
- That would be telling.
- Leeson speaks, the market moves!
:28:04
You said it, mate.
:28:07
Pierre.
:28:08
l want to sell the 220 call options
and buy the 200 calls in December.
:28:12
l've got an offer of .1 38 for size.
:28:15
Can you do better?
:28:17
l'll get back to you.
:28:19
Quick as you can, Nick.
l have to move fast.
:28:22
Oui, oui, je suis toujours la.
:28:25
What the hell is he on about,
.1 38 for size?
:28:28
The market in 220 calls is down.
He wants to cut his losses.
:28:31
- Yeah, but why .1 38?
- lt's a ratio.
:28:33
The 200 calls are trading at 1 ,400.
:28:36
Divide 200 by 1 ,400, you get .1 43.
:28:40
All right. But not .1 38.
:28:42
Unless someone's offered him a discount.
Probably Societe Generale.
:28:46
We can't let those wankers
get our biggest client.
:28:49
- What are you gonna do?
- Just have to leg it.
:28:51
Buy the contracts from Pierre
and sell them when the market rises?
:28:55
l thought we were not supposed
to trade for the bank.
:28:58
Pierre? l can do it. What's the exact size?
:29:00
6,500? All right, leave it with me.
No problem.
:29:03
What if the market doesn't rise, uh?
What if it falls?
:29:06
l've gambled and won before.
l can gamble and win again.
:29:09
Balls of steel, me old mateys,
and you'd better believe it.
:29:23
Bonnie, l need you to
reopen the eights account.
:29:27
We got caned on
Beaumarchais' contracts.
:29:29
Now the bastard's gone back
to Societe Generale.
:29:32
Fax Brenda Granger in London. Ask her
for funds to cover the margin payments.
:29:37
Tell her it's for client positions.
:29:39
- (internal phone)
- Hello?
:29:40
lt's Simon.
Can you come into my office?
:29:43
Right away.
:29:44
Christ, l'd been rumbled!
The only surprise was it'd taken so long.
:29:48
What was l gonna tell Lisa?
She'd bloody murder me.
:29:51
- (knock on door)
- Come in.
:29:59
Congratulations, Nick.