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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.

The November Man (NOVMN) 1 26.41 (+2.22)         The November Man (NOVMN) 25000 26.41 (+2.22)         Pacific Rim 2 (PACR2) 100000 63.85 (0.00)         Your Right Mind (YRMND) 100000 3.48 (-0.52)         Boychoir (BOYCH) 100000 9.59 (+1.59)         The Light Between Oceans (TLBOC) 1798 17.51 (0.00)         Dracula Untold (DRCYZ) 100000 27.89 (-0.15)         Kane and Lynch (KNLYN) 39093 0.77 (-0.01)         The Good Dinosaur (DINOS) 5160 97.95 (+0.01)         Teenage Mutant Ninja Turtles $16 (TMNT1.BW) 20000 6.52 (+0.11)         Dolphin Tale 2 (DLPH2) 1 35.10 (-0.05)         As Above, So Below (AASB) 100000 24.49 (+2.17)         As Above, So Below (AASB) 1 24.49 (+2.17)         Ghostbusters - 30th Anniversary (GB30) 100000 5.10 (-0.50)         Ghostbusters - 30th Anniversary (GB30) 100000 5.10 (-0.50)         Boulevard (BLVD) 100000 1.48 (-0.02)         20,000 Leagues Under the Sea (20LUS) 100000 7.63 (+0.23)         The November Man (NOVMN) 100000 26.41 (+2.22)         The November Man (NOVMN) 100000 26.41 (+2.22)         Sherlock Holmes 3 (HOLM3) 100000 32.73 (-0.15)         Bill Murray (BMURR) 20000 37.03 (+0.08)         Kill the Messenger (KMSNG) 100000 6.46 (-0.02)         The Identical (IDNTC) 27648 7.03 (+0.03)         Michael Nyqvist (MNYQV) 20000 38.36 (+0.16)         Untitled Pets Project (PETS) 99999 42.91 (-0.19)         Boychoir (BOYCH) 99999 9.59 (+1.59)         Bridget Moynahan (BMOYN) 20000 15.31 (+0.04)         Adrianne Palicki (APALI) 20000 26.77 (+0.08)         Stanford Prison Experiment (SPEXP) 99999 4.60 (-0.05)         Rosewater (ROSWT) 100000 2.76 (-0.01)         The Rewrite aka Untitled Marc La (REWRT) 100000 7.53 (+0.60)         Criminal (CRIMN) 58000 19.98 (+0.42)         Marcia Gay Harden (MGHAR) 20000 1.59 (0.00)         Jacki Weaver (JWEAV) 20000 32.15 (+0.08)         Kellan Lutz (KLUTZ) 20000 107.64 (0.00)         Ghostbusters - 30th Anniversary (GB30) 1147 5.10 (-0.50)         This Is Where I Leave You (TWILU) 856 20.88 (0.00)         Nina Dobrev (NDOBR) 20000 24.81 (+0.16)         Nina Dobrev (NDOBR) 20000 24.81 (+0.16)         Fury (FURY) 1000 89.12 (0.00)         Me Him Her (MHHER) 100000 5.84 (-0.02)         The Last Days of American Crime (LDAMC) 1 0.23 (0.00)         The D-Train (DTRAN) 100000 7.75 (-0.02)         Black Hole (BLKHO) 1 0.37 (0.00)         Y: The Last Man (YLMAN) 100000 0.38 (+0.01)         Agent: Century 21 (AGC21) 100000 0.40 (+0.01)         North of Hell (NOHEL) 100000 0.71 (+0.11)         House of Gucci (GUCCI) 100000 0.34 (+0.29)         Arrested Development (ARESD) 100000 0.23 (+0.01)         A Second Chance (ASECH) 100000 0.32 (0.00)