Funnily enough even the voice over presenter is struggling to follow what prices are being quoted and what's going on.
This is a very very interesting clip. So Paul has an idea of a price he want's to buy at and by the looks of it he wants to buy very big as the guy on the other end of the phone hesitates with the size of the order and talks about splitting it up across the market. So Paul is thinking confidently about a position he wants to create.
Unfortunately we have no real idea as to WHY Paul wants to buy and WHY he wants to buy at...
You are probably not familiar with this video but this is another documentary that I watched countless times and I'm planing to analyse it later.
It was recorded on 1988 and if I'm not mistaking PBS did it here in America
The clip above is just a small part of the whole video. I did a quick editing to show the parallel to William Wong's approach and how similar they are.
Again it is edited and there is quite some stuff I took out. Paul Tudor indeed took the trade later on but with a smaller lot size.
Yes, it is the PBS documentary guy he is talking with
You can find the whole video in the link below. It is more about equities but still very educational.