Argo $100M Blockbuster Warrant

Symbol:ARGO.BW
Status:Inactive
Delist Date:Jan 2, 2013

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 in wide release.

If this particular film makes the strike price by its 12th weekend of wide release, 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.

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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Argo $100M Blockbuster Warrant (ARGO.BW)

H$8.43 January 2, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 340,156

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$11.06 H$10.72
This Month H$11.26 H$10.58
This Season H$11.26 H$5.00
This Year H$11.26 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.

Max Steel (MAXST) 99998 6.87 (+0.76)         The Invisible Man (INVSB) 99965 16.87 (+2.84)         Papillon (PAPIL) 66935 21.02 (+4.36)         World War Z 2 (WWZ2) 35000 54.84 (-0.22)         Hands of Stone (HNDST) 100000 6.06 (+0.99)         Alien: Covenant aka Prometheus 2 (PRME2) 100000 84.42 (+0.68)         The Light Between Oceans - Openi (TLBOC.OW) 100000 8.07 (-0.22)         The Wild Life H$10 Call (CRUSO.CA) 3000 2.00 (0.00)         The Odyssey (ODYSY) 990 16.46 (-0.07)         Immortals II (IMRT2) 100000 13.67 (+3.71)         The Light Between Oceans H$10 Ca (TLBOC.CA) 20000 0.90 (-0.08)         Hands of Stone (HNDST) 100000 6.06 (+0.99)         Immortals II (IMRT2) 100000 13.67 (+3.71)         Jai Courtney (JCOUR) 20000 115.66 (-2.27)         Shut In (SHUTN) 100000 23.44 (+4.44)         Papillon (PAPIL) 100000 21.02 (+4.36)         Hands of Stone (HNDST) 100000 6.06 (+0.99)         Black and White (BLAWH) 100000 8.48 (+5.43)         Shut In (SHUTN) 100000 23.44 (+4.44)         The Light Between Oceans (TLBOC) 100000 15.67 (-1.87)         Black and White (BLAWH) 100000 8.48 (+5.43)         Wild Oats (WOATS) 1500 0.97 (-0.07)         In Dubious Battle (DUBTL) 100000 2.09 (-0.40)         Sully H$25 Call (SULLY.CA) 5000 2.00 (0.00)         The Croods 2 (CROD2) 20000 55.82 (-0.31)         The Beguiled (BGUIL) 100000 15.00 (0.00)         Max Steel (MAXST) 100000 6.87 (+0.76)         Riz Ahmed (RAHME) 20000 42.41 (+0.68)         Papillon (PAPIL) 46222 21.02 (+4.36)         Zombieland 2 (ZMBL2) 100000 13.63 (+2.19)         The Hitman's Bodyguard (HTMBG) 97500 30.36 (+0.02)         The Family Business Fund IV (GENES) 10000 32.44 (+0.33)         The Wild Life - Opening Weekend (CRUSO.OW) 100000 10.00 (0.00)         Forest Whitaker (FWHIT) 20000 42.00 (0.00)         The Beguiled (BGUIL) 100000 15.00 (0.00)         Kevin Spacey (KSPAC) 20000 17.51 (+1.69)         On Chesil Beach (CHESL) 100000 2.93 (-0.02)         Papillon (PAPIL) 99000 21.02 (+4.36)         Kevin Spacey (KSPAC) 20000 17.51 (+1.69)         Donnie Yen (DYEN) 20000 10.41 (+0.08)         Sandman (SANDM) 97500 13.34 (+0.02)         Papillon (PAPIL) 99997 21.02 (+4.36)         Sherlock Gnomes aka Gnomeo & Jul (GNOM2) 25000 28.44 (-0.02)         Sully H$25 Put (SULLY.PU) 500 2.00 (0.00)         Diego Luna (DLUNA) 20000 49.18 (+0.92)         Sully - Opening Weekend (SULLY.OW) 500 25.00 (0.00)         Black and White (BLAWH) 100000 8.48 (+5.43)         Kidnap (KDNAP) 100000 17.79 (+0.01)         Sully H$25 Call (SULLY.CA) 500 2.00 (0.00)         American Assassin (AMASN) 2490 9.41 (-0.02)