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The Hobbit: An Unexpected Journey $260M Blockbuster Warrant

Symbol:HOBIT.BW
Status:Inactive
Delist Date:Mar 4, 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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The Hobbit: An Unexpected Journe (HOBIT.BW)

H$41.40 March 4, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 321,800

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$25.83 H$24.08
This Month H$25.83 H$19.62
This Season H$25.83 H$16.81
This Year H$25.83 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.

Tatiana Maslany (TMASL) 2000 48.40 (+3.40)         Bobby Cannavale (BCANN) 20000 31.59 (0.00)         Cinderella H$65 Put (CINDE.PU) 20000 2.00 (0.00)         Independence Day 2 (IDAY2) 25000 105.38 (+6.44)         Douglas Booth (DBOOT) 20000 47.01 (-1.48)         Paddington 2 (PADT2) 3000 33.51 (+1.52)         Jamie Dornan (JDORN) 201 58.92 (-0.18)         The Outskirts (OUTSK) 100000 10.00 (0.00)         The Overnight (OVERN) 100000 5.34 (-0.10)         The Overnight (OVERN) 100000 5.34 (-0.10)         Mr. Holmes (ASLTM) 100000 7.67 (+3.21)         Science-Fiction Fund (SCIFI) 2000 20.11 (+0.11)         Fantastic Beasts and Where to Fi (FBSTS) 50000 82.44 (-2.21)         Barbie (BARBI) 100000 1.89 (+1.50)         Lily James (LJAME) 1000 79.79 (+1.01)         Independence Day 2 (IDAY2) 100000 105.38 (+6.44)         Mr. Holmes (ASLTM) 100000 7.67 (+3.21)         Cinderella H$65 Call (CINDE.CA) 20000 2.00 (0.00)         Sean Bean (SBEAN) 2000 26.83 (+1.70)         Max (MAX1) 4000 33.78 (+1.59)         My Dinner with Herve (HERVE) 50000 0.01 (-0.01)         Blade Runner 2 (BLAD2) 100000 33.85 (-1.82)         Blade Runner 2 (BLAD2) 100000 33.85 (-1.82)         Jaden Smith (JSMIT) 20000 87.84 (0.00)         Chappie (CHAPI) 20000 57.34 (-9.71)         Avengers: Age of Ultron (AVNG2) 1000 518.49 (+2.89)         Barbie (BARBI) 50000 1.89 (+1.50)         The Outskirts (OUTSK) 2000 10.00 (0.00)         Zhang Yimou (ZYIMO) 20000 1.93 (+0.03)         Barbie (BARBI) 100000 1.89 (+1.50)         Idris Elba (IELBA) 20000 88.54 (-0.15)         My Dinner with Herve (HERVE) 100000 0.01 (-0.01)         William H. Macy (WMACY) 20000 1.70 (+0.01)         Wong Kar-wai (WKARW) 20000 1.10 (0.00)         Eye in the Sky (EYSKY) 100000 5.13 (-0.20)         Barbie (BARBI) 100000 1.89 (+1.50)         Ice Cube (ICUBE) 20000 82.90 (+0.61)         Ex Machina (EXMCH) 100000 5.07 (-0.28)         Mr. Holmes (ASLTM) 10000 7.67 (+3.21)         Cinderella H$65 Put (CINDE.PU) 20000 2.00 (0.00)         Poltergeist (POLTR) 7000 40.78 (+4.50)         Tony Leung Chiu-wai (TLEUN) 20000 1.10 (+0.03)         Sigourney Weaver (SWEAV) 20000 22.76 (+0.14)         Cinderella - Opening Weekend (CINDE.OW) 100000 65.00 (0.00)         Science-Fiction Fund (SCIFI) 10000 20.11 (+0.11)         Cinderella H$65 Call (CINDE.CA) 20000 2.00 (0.00)         Giovanni Ribisi (GRIBI) 20000 81.48 (-0.60)         Chappie (CHAPI) 1000 57.34 (-9.71)         Run All Night H$15 Put (ALNIT.PU) 20000 2.00 (0.00)         Giovanni Ribisi (GRIBI) 20000 81.48 (-0.60)