Alvin and the Chipmunks: Chipwrecked $120M Blockbuster Warrant

Symbol:ALVN3.BW
Status:Inactive
Delist Date:Mar 5, 2012

Description

Blockbuster Warrants

Blockbuster Warrants are Hollywood Derivatives which allow traders the opportunity to invest in the long-term financial success of the biggest studio movies. Blockbuster Warrants are similar to Call Options, except the strike price is set for 12 weekends of box office.

If this particular film makes the strike price by its 12th weekend, then the warrant will cash out at the difference between the actual box office and the strike price. If the film does not hit the strike price, then the warrant will cash out at zero. The Blockbuster Warrant will cash out after its 12th weekend of release.

For Example: A $100M Blockbuster Warrant has a strike price of H$100. It will delist at zero if the movie does not make more than $100 million after 12 weekends. If the film makes more than $100 million, then the Warrant will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). If the film made $125 million, then the Warrant would cash out at H$25.00 ($125 - $100).



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Alvin and the Chipmunks: Chipwre (ALVN3.BW)

H$10.80 March 5, 2012

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 183,000

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$10.55 H$9.86
This Month H$10.55 H$9.08
This Season H$10.55 H$7.01
This Year H$10.55 H$5.00

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What is a: Derivative, Status, Change Today


Think you can manage?

Think you have what it takes to manage a Movie Fund? If you have a portfolio worth over H$100 million, then submit your fund idea proposal to macdaddy@hsx.com.

Ride Along 3 (RDLO3) 15000 40.83 (-2.15)         Wargames (WARGM) 100000 7.91 (+1.56)         The Crash aka A Conspiracy on Je (ACOJI) 99999 0.85 (+0.02)         Horse Soldiers (HORSO) 99999 23.82 (-0.13)         Splinter Cell (SCELL) 100000 3.02 (-1.42)         Ride Along 3 (RDLO3) 99999 40.83 (-2.15)         World War Z 2 (WWZ2) 99999 54.35 (-0.13)         War for the Planet of the Apes (APES3) 1 141.03 (-0.59)         Emily the Strange (EMILY) 100000 7.97 (+1.15)         Emily the Strange (EMILY) 100000 7.97 (+1.15)         Significant Other (SIGNO) 99995 24.56 (-1.34)         Office Christmas Party (OFCPT) 100000 55.32 (-1.02)         Disobedience (DSOBD) 100000 6.84 (+0.84)         Disobedience (DSOBD) 100000 6.84 (+0.84)         Justice League 2 (JLEA2) 10000 254.76 (-2.52)         Wargames (WARGM) 100000 7.91 (+1.56)         The Current War (CURNT) 100000 23.05 (+2.17)         Wargames (WARGM) 100000 7.91 (+1.56)         Fantastic Beasts and Where to Fi (FBSTS.BW) 20000 6.92 (+0.34)         Light of My Life (LOMLF) 100000 19.52 (+2.70)         Trolls $140M Blockbuster Warrant (TROLL.BW) 20000 12.01 (+0.03)         Doctor Strange $210M Blockbuster (DRSTR.BW) 20000 12.52 (0.00)         Light of My Life (LOMLF) 100000 19.52 (+2.70)         Splinter Cell (SCELL) 100000 3.02 (-1.42)         Forest Whitaker (FWHIT) 20000 48.75 (+0.13)         Toby Jones (TOJON) 20000 10.19 (+0.13)         Mads Mikkelsen (MMIKK) 20000 48.02 (+0.80)         Terminal (TERMN) 100000 15.28 (-0.02)         Unforgettable aka To Have and To (UNFRG) 99999 17.12 (+0.25)         Going in Style (GOINS) 99999 15.09 (+0.04)         Office Christmas Party (OFCPT) 100000 55.32 (-1.02)         Office Christmas Party (OFCPT) 100000 55.32 (-1.02)         Category 5 (CATG5) 50000 14.39 (+0.35)         Fantastic Beasts and Where to Fi (FBSTS.BW) 20000 6.92 (+0.34)         The Secret Life of Houdini (TSLOH) 100000 11.94 (-0.17)         Wish Upon (WUPON) 100000 17.82 (+2.14)         Shot Caller (SHOTC) 100000 1.96 (-0.06)         Light of My Life (LOMLF) 100000 19.52 (+2.70)         The Current War (CURNT) 100000 23.05 (+2.17)         Women in Business (WMNBZ) 50000 28.51 (-0.09)         Women in Business (WMNBZ) 50000 28.51 (-0.09)         The Secret Scripture (SCRSC) 100000 1.95 (-0.12)         The Wall (TWALL) 100000 18.83 (-0.79)         Category 5 (CATG5) 50000 14.39 (+0.35)         Splinter Cell (SCELL) 100000 3.02 (-1.42)         The God Four (GFOUR) 100000 6.48 (-0.65)         Beauty and the Beast aka La Bell (LBELB) 100000 0.01 (-0.02)         Women in Business (WMNBZ) 3 28.51 (-0.09)         Kursk (KURSK) 100000 5.91 (-0.10)         War for the Planet of the Apes (APES3) 1000 141.03 (-0.59)