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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.

Queen of Katwe (KATWE) 1 18.34 (+1.05)         Need for Speed 2 (NFSP2) 1 8.04 (+1.62)         Need for Speed 2 (NFSP2) 100000 8.04 (+1.62)         Un Gallo con Muchos Huevos (UGCMH) 8552 1.96 (+0.02)         Need for Speed 2 (NFSP2) 99999 8.04 (+1.62)         The New Mutants (NMUTN) 11110 34.68 (-0.07)         Fantastic Four 2 (FANF2) 935 18.29 (+0.93)         The New Mutants (NMUTN) 11110 34.68 (-0.07)         Pinocchio (PINOC) 24999 9.19 (-0.21)         Need for Speed 2 (NFSP2) 100000 8.04 (+1.62)         CBS: Life in Pieces (LIFPCS) 10000 13.62 (-0.01)         Steve Jobs (SJOBS) 26153 48.27 (+0.16)         Austin Powers 4 (AUST4) 100000 2.96 (-0.32)         Maze Runner: The Death Cure (MAZE3) 100000 72.27 (-0.36)         20,000 Leagues Under the Sea (20LUS) 100000 6.22 (-0.28)         Macbeth (MCBTH) 100000 2.67 (+0.07)         Burn Your Maps (BYMAP) 100000 3.18 (-0.08)         Dark Universe aka Justice League (DARKU) 100000 6.74 (+0.69)         Burn Your Maps (BYMAP) 100000 3.18 (-0.08)         The Man Who Made It Snow (MWMIS) 100000 7.28 (+0.71)         Boston Strong (BOSTN) 100000 7.66 (+0.79)         Need for Speed 2 (NFSP2) 100000 8.04 (+1.62)         Mack Bolan (BOLAN) 100000 27.25 (+2.22)         Assassin's Creed (ASCRD) 41953 37.13 (-0.03)         The Moon and the Sun (MNSUN) 100000 3.40 (-0.15)         The Moon and the Sun (MNSUN) 100000 3.40 (-0.15)         Sicario (SICAR) 19613 28.17 (+2.06)         Gold (GOLDX) 100000 22.91 (+1.74)         The Martian (MARTN) 1000 143.97 (+0.25)         A Dog's Purpose (ADOGP) 24999 25.47 (-0.40)         1906 (1906) 40000 0.18 (-0.01)         Indiana Jones 5 (INDI5) 24999 28.76 (-0.81)         The Girl Who Played With Fire (TGRL2) 75000 8.75 (-0.13)         Miracles from Heaven (MFHVN) 99999 32.17 (+0.19)         Joy (JOY) 99999 45.73 (+0.33)         We Are Your Friends (WAYFR) 100000 4.38 (-0.57)         Dark Universe aka Justice League (DARKU) 99999 6.74 (+0.69)         Boston Strong (BOSTN) 100000 7.66 (+0.79)         Boston Strong (BOSTN) 100000 7.66 (+0.79)         Fantastic Four 2 (FANF2) 100000 18.29 (+0.93)         Fantastic Four 2 (FANF2) 100000 18.29 (+0.93)         Need for Speed 2 (NFSP2) 7999 8.04 (+1.62)         The Transporter Refueled (TRNS4) 100000 18.74 (+0.95)         The Transporter Refueled (TRNS4) 100000 18.74 (+0.95)         Hitman: Agent 47 (HITM2) 100000 21.51 (+1.07)         Hitman: Agent 47 (HITM2) 100000 21.51 (+1.07)         Avatar 3 (AVAT3) 99999 203.00 (+0.66)         Queen of Katwe (KATWE) 100000 18.34 (+1.05)         Need for Speed 2 (NFSP2) 10000 8.04 (+1.62)         Queen of Katwe (KATWE) 100000 18.34 (+1.05)