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.

Where'd You Go, Bernadette? (WDYGB) 100000 9.41 (-0.02)         Nocturnal Animals (NOCAN) 100000 10.31 (+0.10)         Annihilation (ANHLT) 100000 22.96 (-0.03)         The Girl with all the Gifts (GWATG) 100000 4.61 (0.00)         Dad's Army (DARMY) 100000 0.19 (+0.05)         Extraordinary Journey of the Fak (EJOTF) 100000 3.31 (+0.04)         24 Hours To Live (24HTL) 100000 16.83 (+3.32)         Keeping Up With The Joneses (KUWTJ) 100000 8.58 (+0.02)         Darkest Hour (DARKH) 100000 16.00 (0.00)         Beverly Hills Cop (BHCP4) 100000 3.50 (-0.02)         Sicario 2 (SICA2) 100000 14.04 (-0.10)         The Outskirts (OUTSK) 100000 0.30 (-0.04)         X-Men: Apocalypse (XMEN6) 5000 188.36 (+3.32)         Official Secrets (OFSEC) 100000 14.14 (-0.04)         Darkest Hour (DARKH) 99995 16.00 (0.00)         The House (THOUS) 100000 21.85 (-0.24)         Shimmer Lake (SHIMR) 100000 3.13 (+0.02)         Fast & Furious 9 (FAST9) 100000 179.50 (-1.13)         Wakefield (WKFLD) 100000 1.73 (-0.02)         The Last Word (TLWRD) 100000 5.67 (+0.02)         The Hollars (HOLAR) 100000 1.08 (+0.04)         Wilson (WILSN) 100000 1.56 (-0.02)         Sky (SKY) 100000 0.51 (+0.06)         Where'd You Go, Bernadette? (WDYGB) 100000 9.41 (-0.02)         Churchill (CHRCH) 99995 4.00 (0.00)         Annihilation (ANHLT) 100000 22.96 (-0.03)         The Girl with all the Gifts (GWATG) 100000 4.61 (0.00)         Dad's Army (DARMY) 100000 0.19 (+0.05)         Extraordinary Journey of the Fak (EJOTF) 100000 3.31 (+0.04)         Keeping Up With The Joneses (KUWTJ) 100000 8.58 (+0.02)         Churchill (CHRCH) 100000 4.00 (0.00)         Rock that Body aka Move that Bod (THBDY) 5060 22.60 (-1.43)         Beverly Hills Cop (BHCP4) 100000 3.50 (-0.02)         Sicario 2 (SICA2) 100000 14.04 (-0.10)         Halloween Returns (HALW3) 100000 16.23 (+4.36)         Darkest Hour (DARKH) 77148 16.00 (0.00)         The Outskirts (OUTSK) 100000 0.30 (-0.04)         Captain America: Civil War $400M (CAPA3.BW) 25 5.00 (0.00)         Official Secrets (OFSEC) 100000 14.14 (-0.04)         Halloween Returns (HALW3) 87997 16.23 (+4.36)         Halloween Returns (HALW3) 100000 16.23 (+4.36)         The House (THOUS) 100000 21.85 (-0.24)         Captain America: Civil War $400M (CAPA3.BW) 20000 5.00 (0.00)         Nocturnal Animals (NOCAN) 100000 10.31 (+0.10)         Churchill (CHRCH) 100000 4.00 (0.00)         Doc Savage (DOCSV) 100000 11.60 (-0.15)         Imogen Poots (IPOOT) 20000 1.17 (-0.10)         Darkest Hour (DARKH) 73758 16.00 (0.00)         Captain America: Civil War $400M (CAPA3.BW) 20000 5.00 (0.00)         Escobar (ESCOB) 99999 9.34 (+1.34)