The Garfield Movie H$40 Put Fri-Mon

Symbol:GRFLD.PU
Status:Active
IPO Date:May 8, 2024

Description

Options are Hollywood Derivatives based around a specific event. This form of speculation lasts only for the opening weekend, which is the first Friday to Sunday of wide release, unless otherwise defined.

Put

A put option speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A H$20 put has a strike price of $20M, and will cash out at zero if the movie makes more than $20 million during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example: if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).



Related Securities

MovieStocks

The Garfield Movie H$40 Put Fri- (GRFLD.PU)

H$2.33 H$0.02 (0.85%)

Change Today Current Value

Shares Held Long on HSX: 3,395,439
Shares Held Short on HSX: 1,304,201
Trading Volume on HSX (Today): 75,000

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High and Low Trading Prices

This Week H$2.52 H$1.84
This Month H$2.52 H$1.73
This Season H$2.52 H$1.73
This Year H$2.52 H$1.73

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What is a: Derivative, Status, Change Today


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