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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.

Five Nights at Freddy's (5NAFD) 1 15.70 (+0.05)         Dumbo (DUMBO) 15638 54.70 (+7.81)         The Wild Life aka Robinson Cruso (CRUSO) 5000 25.84 (-0.11)         Frozen 2 (FROZ2) 45000 146.22 (-0.55)         Murder on the Orient Express (MOTOE) 5000 23.33 (-0.11)         Back in the Day (BITDA) 100000 2.21 (+0.89)         Akira (AKIRA) 1 8.18 (+0.23)         Hotel Transylvania 3 (HTRN3) 15000 61.59 (-0.11)         Eva Hesse (EVHES) 100000 0.70 (-0.30)         Crazy for the Storm (CFTST) 1 0.47 (-0.01)         Kathy Bates (KBATE) 20000 41.56 (+1.98)         Britt Robertson (BROBE) 20000 34.76 (-0.08)         Central Intelligence (CINTL) 1500 88.39 (+0.09)         Creed 2 (CREE2) 1 27.77 (+0.20)         Rings aka The Ring 3 (RING3) 5000 12.33 (-0.08)         Dunkirk (DUNKR) 1 107.31 (+0.07)         Death Wish (DWISH) 100000 3.82 (-1.58)         Sherlock Gnomes aka Gnomeo & Jul (GNOM2) 5000 21.89 (-0.07)         Thor: Ragnarok (THOR3) 42205 145.88 (-0.31)         Intelligent Life (INTLF) 100000 25.30 (-1.82)         Batkid (BATKD) 1 1.76 (+0.01)         Intelligent Life (INTLF) 100000 25.30 (-1.82)         Patient Zero (PZERO) 5000 13.90 (-0.03)         The Ballad of Richard Jewell (RJEWE) 44786 10.96 (-0.18)         Captain America: Civil War - Ope (CAPA3.OW) 100000 202.03 (+2.21)         Thor: Ragnarok (THOR3) 42205 145.88 (-0.31)         Money Monster H$10 Put (MONYM.PU) 20000 2.00 (0.00)         The Conjuring 2: The Enfield Pol (CNJU2) 10 93.54 (+1.89)         Captain America: Civil War H$185 (CAPA3.CA) 20000 6.66 (+0.42)         Hector Elizondo (HELIZ) 5000 47.22 (+0.16)         Dark Horse (DHORS) 100000 0.54 (-0.07)         Money Monster - Opening Weekend (MONYM.OW) 100000 10.00 (0.00)         Money Monster H$10 Call (MONYM.CA) 20000 2.00 (0.00)         The Purge: Election Year aka The (PURG3) 1 48.08 (+2.64)         Alice Through the Looking Glass (ALCN2) 20 135.17 (-2.35)         The Angry Birds Movie (ANGRB) 10 75.29 (-0.43)         The Purge: Election Year aka The (PURG3) 10000 48.08 (+2.64)         Fast & Furious 9 (FAST9) 15000 169.81 (+6.08)         The Darkness H$5 Call (6MRDR.CA) 20000 2.00 (0.00)         Alita: Battle Angel (ALITA) 99999 25.80 (+3.22)         The Darkness - Opening Weekend (6MRDR.OW) 100000 5.00 (0.00)         Avengers: Infinity War Part I (AVNG3) 39004 442.20 (+0.15)         Captain America: Civil War (CAPA3) 5 514.59 (+3.91)         Space Jam 2 (SJAM2) 99906 40.17 (+0.40)         The Vampire Chronicles (VAMPC) 99999 18.02 (+8.92)         Shut In (SHUTN) 100000 14.64 (+2.13)         Captain America: Civil War (CAPA3) 500 514.59 (+3.91)         Marshall (MARSH) 100000 15.22 (+1.44)         The Black Phantom (BPHNT) 99999 6.73 (+1.48)         Dumbo (DUMBO) 17119 54.70 (+7.81)