From The Rare Event
“Ricky, who do you think is going to be hurt worst if this trade goes bad?” Jon had used his “speaking to a lover” voice without realizing it until the last word left his lips.
“Edgar.” Ricky snorted. “He takes it right in his fat ass. With the rest of the investors, but him worst.”
“He loses money. What do you lose?” If Ricky would think, Jon would use his persuasion any way he could—his voice remained soft.
“Your previously accrued bonuses that are still invested here, your job, your prospects of a job in finance, because he’s vindictive. He’ll make sure the closest you end up to big money again is as the driver of an armored car.” Compared to all those things, small matters like the fortunes and security of his colleagues didn’t bear mentioning, so Jon didn’t. “Lose any noticeable chunk of ten million borrowed dollars, and he’ll find a way of making you pay it back personally.”
“You’ve been keeping score?” One side of Ricky’s mouth twisted back.
“I know how much capital you control and what you’ve bought—I can do the math.” He could, too, but peeking was faster.
“Assuming that you’re right and I’m wrong, which everyone is, even though I’m not, how would you have me fix this?”
“Best case would be that you bought married puts when you bought the stock, but since you didn’t—”
“Back to that old monogamy thing again, huh?” Ricky interrupted.
“You know what that is!” Jon snapped. Ricky was too experienced a trader not to buy the stock at the same time as the options. Jon wouldn’t let him turn the subject.
“Yes, I know, but what I also know is that the stock would have to rise another couple of bucks before I’m in the black after I buy that.” Ricky voiced a more valid objection.
“Better than losing enough to buy a whole street of those houses Lasker builds,” Jon countered, “which is what you’ll do since you’ve married the position. You can buy the puts now, for some price that’s low enough to not crimp your profits, since you think a fall to that level is out of the question, or you could put a stop-loss order on, which will cost you a flat fee.”
“And even if it’s triggered, it may still be too late.” Ricky slid closer to Jon, who had no room to scoot away, trapped as he was against the desk.
“So buy the options. But do something.”
Ricky was too close now, and came to his feet, leaning on the arms of Jon’s chair, close enough to breathe into his ear. “I’ll buy the options if you’ll make mad passionate love to me on the couch right now.”
Hedge fund trader Ricky Santeramo has it all: money, looks, and fellow trader Jonathan Hogenboom. The two couldn't be more different: Jon is from old money, while Ricky clawed his way out of blue-collar New Jersey. Jon hedges his positions; Ricky goes for broke. Jon likes opera and the Yankees; Ricky prefers clubbing. Jon drinks wine with dinner; Ricky throws back a beer. Jon wants monogamy… but Ricky likes variety.
Bankrupt airlines are facing strikes, the housing market is starting to crumble, and Jon can’t wait any longer for Ricky to commit. One last night alone and one last risky trade make Jon say, “Enough.” Then Jon’s old friend Davis comes to New York City, ready for baseball and forever. The whole world is chaos, but there are fortunes to be made—or lost—and hearts to be broken—or won.
Faced with losing it all, Ricky must make the savviest trades of his life and pray for a rare event. His portfolio and Jon's love are on the line.
Find PD at her blog/website, playing word games, grading scammers and spammers, and talking about books. http://pdsinger.com
Hellagood book here, just sayin'. Cryselle