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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.

Believe Me (BLVME) 100000 2.00 (0.00)         Music Fund (XOVER) 10000 22.96 (+0.13)         Uncharted (UNCHT) 50000 41.36 (+0.02)         Based on a True Story Fund (TRUE) 10000 19.97 (-0.01)         We Are Your Friends (WAYFR) 99999 32.54 (+4.81)         Poltergeist (POLTR) 1000 34.11 (-0.05)         The Best Man Wedding aka The Bes (BESM3) 15000 33.72 (+0.01)         Clifford the Big Red Dog (CTBRD) 15000 38.12 (+3.31)         Stanford Prison Experiment (SPEXP) 100000 4.79 (+0.56)         Benicio Del Toro (BDELT) 1 70.36 (-1.84)         Black Panther (BPNTH) 100000 26.32 (-1.97)         The Judge (JUDGE) 5000 40.35 (-0.02)         Based on a True Story Fund (TRUE) 10000 19.97 (-0.01)         The Giver (GIVER) 100000 32.66 (-0.47)         Benicio Del Toro (BDELT) 1 70.36 (-1.84)         The Bourne 5 (BORN5) 100000 70.03 (-0.54)         Jackie Chan (JCHAN) 20000 62.54 (0.00)         The Comic Fund (COMIC) 10000 25.38 (-0.13)         Independence Day 2 (IDAY2) 100000 104.11 (-0.34)         The Comic Fund (COMIC) 10000 25.38 (-0.13)         Home (SMEKD) 3630 55.87 (0.00)         Ruth & Alex (RALEX) 50000 8.00 (0.00)         Thor 3 (THOR3) 100000 136.80 (-0.26)         The Boxtrolls (BOXTR) 100000 41.42 (+0.56)         The November Man (NOVMN) 100000 27.50 (+0.79)         Anubis (ANUBS) 15000 20.13 (+0.13)         Paramount Studio Fund (PARAX) 1000 18.09 (-0.03)         Pacific Rim 2 (PACR2) 25000 64.05 (0.00)         Guardians of the Galaxy $240M Bl (GOTGX.BW) 20000 19.03 (+0.40)         Popeye (POPEY) 25000 34.49 (-0.12)         Dirty Dancing (DDANC) 100000 0.42 (-0.10)         Dirty Dancing (DDANC) 100000 0.42 (-0.10)         Wild (WILD1) 100000 14.52 (+0.03)         The Nut Job 2 (NUTJ2) 15000 23.13 (-0.10)         Blade Runner 2 (BLAD2) 100000 24.58 (+1.51)         Emily the Strange (EMILY) 100000 0.16 (-0.10)         The Longest Ride (LNGST) 16000 27.84 (-0.01)         Beetlejuice 2 (BEET2) 100000 29.80 (+7.74)         Fantastic Beasts and Where to Fi (FBSTS) 1 98.43 (-0.64)         Sin City: A Dame to Kill For (SINC2) 50000 13.91 (-0.62)         The Maze Runner (MAZER) 11100 77.64 (-0.21)         The Martian (MARTN) 32 62.55 (+0.53)         The Expendables 3 (XPND3) 100000 32.62 (-0.76)         Ruth & Alex (RALEX) 50000 8.00 (0.00)         Sam Raimi (SRAIM) 20000 153.10 (+1.14)         The Martian (MARTN) 1 62.55 (+0.53)         We Are Your Friends (WAYFR) 100000 32.54 (+4.81)         Happy New Year (HPYNY) 100000 2.00 (0.00)         Happy New Year (HPYNY) 100000 2.00 (0.00)         The Stand (STAND) 40000 32.36 (+3.89)