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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.

X-Force (XFORC) 10000 17.14 (+3.55)         The Incredibles 2 (NCRD2) 500 132.58 (+0.08)         Game Brain (GAMEB) 99999 31.25 (-0.37)         Dracula Untold H$10 Put (DRCYZ.PU) 20000 1.98 (-0.02)         Clifford the Big Red Dog (CTBRD) 2050 30.62 (-0.21)         Gone Girl (GONEG) 50000 102.47 (+9.69)         Gone Girl - Opening Weekend (GONEG.OW) 75000 37.43 (+0.89)         Dracula Untold H$10 Put (DRCYZ.PU) 20000 1.98 (-0.02)         Pacific Rim 2 (PACR2) 10000 42.28 (-0.28)         The Rut (THRUT) 99999 0.02 (+0.01)         X-Force (XFORC) 100000 17.14 (+3.55)         I Saw the Light (ISTLT) 100000 15.00 (0.00)         Dirty Grandpa aka Driving Dick K (DRTGP) 75000 26.40 (-2.61)         Alexander and the Terrible, Horr (ATHNG.PU) 20000 1.77 (-0.23)         The Imitation Game (IMITG) 2500 22.98 (+0.65)         The Judge H$20 Put (JUDGE.PU) 20000 2.21 (+0.21)         Game Brain (GAMEB) 99999 31.25 (-0.37)         I Saw the Light (ISTLT) 100000 15.00 (0.00)         Alexander and the Terrible, Horr (ATHNG.PU) 20000 1.77 (-0.23)         Seventh Son (SPKAP) 99999 29.26 (-0.31)         Dracula Untold H$10 Put (DRCYZ.PU) 20000 1.98 (-0.02)         Sherlock Holmes 3 (HOLM3) 15000 29.30 (+4.36)         The Unpleasant Profession of Jon (UPOJH) 99999 0.07 (0.00)         Mel Gibson (MGIBS) 2000 31.45 (-0.08)         Red Sonja (SONJA) 100000 0.01 (-0.03)         Alexander and the Terrible, Horr (ATHNG.PU) 20000 1.77 (-0.23)         The Unpleasant Profession of Jon (UPOJH) 99995 0.07 (0.00)         Addicted H$10 Call (ADCTD.CA) 20000 2.11 (+0.11)         The Last of Us (TLOUS) 74991 30.65 (-0.17)         Pacific Rim 2 (PACR2) 10000 42.28 (-0.28)         Flock of Dudes (FDUDE) 100000 4.00 (0.00)         The Skeleton Twins (SKLTW) 6000 4.31 (-0.08)         I Saw the Light (ISTLT) 401 15.00 (0.00)         7500 (FLT75) 99999 0.06 (+0.04)         Flock of Dudes (FDUDE) 100000 4.00 (0.00)         Annabelle - Opening Weekend (ANABL.OW) 5000 24.45 (+0.15)         The Rut (THRUT) 99999 0.02 (+0.01)         Flock of Dudes (FDUDE) 100000 4.00 (0.00)         7500 (FLT75) 66666 0.06 (+0.04)         Stonewall (STNWL) 8000 14.30 (0.00)         Flock of Dudes (FDUDE) 100000 4.00 (0.00)         Eden (EDEN) 100000 2.00 (0.00)         Red Sonja (SONJA) 99999 0.01 (-0.03)         Eden (EDEN) 100000 2.00 (0.00)         Eden (EDEN) 100000 2.00 (0.00)         Arabian Nights (ARABN) 99999 0.03 (-0.02)         Addicted (ADCTD) 99999 25.26 (+1.18)         Ouija (OUIJA) 100000 34.73 (+0.34)         Star Wars: Episode VII (STAR7) 10096 320.67 (-0.35)         Black Sea (BLKSE) 100000 8.55 (+1.32)