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n-Hello. This is Reporter Jo Hoonyoung on YTT. Lehman Brothers reported loses of 2.8 billion dollars and was forced to sell off 6 billion in assets. Lehman was the fourth largest banking investor in the US. After it filed for bankruptcy, the global markets immediately plummeted.

n-Currently, KOSPI index is at its lowest of 1300. The future of the financial world remains dark and uncertain.

nClick.

nShin Semi turned off the TV with the remote.

n“I can’t believe Lehman Brothers filed for bankruptcy”

nEven after hearing it on the news, she still couldn’t believe it. The experts believed this would never happen. The researchers at Nuri Finances agreed too. However, it did happen despite everyone’s prediction.

nIt was a shocking event that shook the world. It didn’t only affect the US, but the entire world.

nIt was unbelievable.

nShin Semi grabbed her phone. She remembered Woosung’s words.

n“Risk management, New Century Financials’ bankruptcy, and the Finances Lab researcher Kim Mansoo’s report…Did he mean this?”

nShin Semi was almost sure Woosung knew this financial crisis would happen. She became even more curious about him. She frowned and murmured.

n“I wonder what he’s doing…”

nHer sources told her that he participated in the Microsoft MVP Global Summit in abroad and hasn’t returned yet.

n“Should I call him?”

nShe was tempted, but she stopped herself. What was he doing in America? She wondered.

nSeptember 12th.

nDow Jones started at 11429 and finished at 11421. Woosung purchased a mass number of put options. After Lehman Brothers filed for bankruptcy on September 15th, the Dow Jones index went down to 10700. The US market was in panic and Woosung’s options’ value soared.

nWhat Woosung purchased was a put option, an option to sell assets at an agreed price on or before a set date.

nDow Jones’ option unit was a point.

nOne point’s value, which was called a tick value, was worth 10 dollars.

nThis meant for each option, 7290 dollars were earned this day.

n(11429-10700)*10=7290

nWoosung checked his account.

nProceeds 1.42million

nProceeds 1.96million

nProceeds 2.82million

nThe value of his September 11420 put option went up at an unprecedented rate. The index would go down even more, which meant the option value would increase.

nHowever, Woosung also knew very well of the technical rebound.

nProceeds 4.71million

nSo far, he had 4.7 million dollars. It was almost 10 times what he originally had, which was about 500,000 dollars. Woosung murmured.

n“What a crazy world.”

nHis heart beat fast. It was still hard to believe that the large number on the screen was really his money.

nIt felt surreal, but it was going to be even better.

n“Soon, the Federal Reserve will provide an 85-billion-dollar loan to AIG to prevent its bankruptcy. And then…the US market will plummet even further, and my put options’ worth will be…”

nWoosung couldn’t even imagine the number.

nSeptember 19th.

nAfter the September put option deadline ended, Woosung bought December 11200 put options. Soon, the news he was expecting came.

nFurther plunging of Dow Jones Index.

nSeptember 30th 10850.

nOctober 2nd 10482

nOctober 6th 9955.

nWoosung did a quick calculation.

n(11200 – 9955) *10 = 12,540 dollars.

nEach option was worth over 10,000 dollars.

n“What the **!!”

nAdams, who worked at a US Hedge fund company, was losing his mind. He believed after the Fed’s bailout, the index would return to normal. That was why he took the put option seller position. It was the opposite position of Woosung.

nAdams’ eyes were red as he stared at the computer screen. He was frowning harshly. His supervisor came up to him.

n“Adams, what’s the damage you caused today?” Adams couldn’t answer. It was a rhetorical question anyway as the supervisor already knew the number very well. “I understand you are speechless. It is so much money…But it’s understandable. It’s the world’s financial crisis after all. Of course, there are always people who still make money off of such a bad time.”

nThe supervisor’s voice was sharp. Adams cringed.

n“Like the one who bought your put options.” Adams knew what was coming. “It’s unfortunate that you couldn’t be the one who made the money. We could’ve worked together longer. It’s disappointing.”

nHe was being let go. Adams tensed. It was over. With the way things were in the world right now, it was unclear when he would be able to find another job.

n“Please leave as soon as possible.”

nAdams sighed.

nWoosung was watching the news. All his put option contracts were expired now.

n“Current index is 8800. It will go down further.”

nBased on Woosung’s memory, the world didn’t recover from this event until the end of 2008.

nHowever, Woosung remembered to be smart, not greedy. The way he saw it now, he had enough money to last a lifetime. Indeed, with these amount of money, he could finally put a stop on his money-maker. He checked his account balance.

nProceeds 791.5 million dollars

nWith only 500,000 dollars, he made close to 800 million dollars in just over a month.

n“I love America.”

nThe money was in the American business account.

nIf he combined the money he made from the Korean market, he expected it to be close to a billion dollars.

n“Now I need to go to Silicone Valley to meet Jonathan Logan. After that, I can return to Korea.

nWoosung relaxed at last. His body was aching, so he called for a massage from the hotel room service.

nA blond masseuse knocked and walked in. Woosung closed his eyes as he enjoyed the massage.

nHe has been in America for four months now.

nIn the beginning, he stayed at a cheap motel and ate fast food. Now, he stayed at a hotel suite and ordered room services.

nSo many things changed in four months.

nIt was a stressful four months. He kept doubting his memories on the index numbers and dates. It was a difficult time, but it was all worth it. The memories of his previous life served him well.

n‘With this money, I should buy a factory in Silicone Valley. I will fill it with computers and mine Bitcoin.’

nJonathan Logan.

nWoosung was able to hire this Arduino project committer. Woosung asked him to find a suitable factory. Things were working out as he planned.

nAfter the 2-hour massage, Woosung headed to the hotel restaurant. As he ordered steak, he couldn’t help but miss his mother’s cooking.

n‘I’m coming, mother.’

nHe couldn’t help but smile as the face of his dearest mother flash through his memory. He would be home very soon.

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