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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.

X Plus Y (XPLSY) 100000 0.13 (+0.01)         The Longest Ride - Opening Weeke (LNGST.OW) 100000 15.00 (0.00)         The Bronze (BRONZ) 99900 13.95 (+0.06)         The Longest Ride H$15 Put (LNGST.PU) 20000 2.00 (0.00)         The Longest Ride H$15 Call (LNGST.CA) 20000 2.00 (0.00)         Nine Lives (9LIVS) 100000 18.00 (0.00)         23 Jump Street (21JS3) 16735 77.33 (-0.42)         Nine Lives (9LIVS) 100000 18.00 (0.00)         Big Game (BGAME) 100000 1.65 (+0.03)         Three Night Stand (3NSTN) 100 0.03 (0.00)         Blazing Samurai (BLAZS) 100000 35.14 (+5.41)         Michael Shannon (MISHA) 20000 44.09 (+0.27)         Puss In Boots 2 (PUSS2) 1 41.88 (-2.48)         Ed Harris (EHARR) 55 40.10 (-0.82)         23 Jump Street (21JS3) 47567 77.33 (-0.42)         Kevin Spacey (KSPAC) 500 35.99 (+0.16)         Ryan Reynolds (RREYN) 20000 77.37 (-0.40)         The Longest Ride H$15 Call (LNGST.CA) 20000 2.00 (0.00)         Nine Lives (9LIVS) 500 18.00 (0.00)         Christopher Walken (CWALK) 500 13.27 (-0.08)         Avatar 3 (AVAT3) 1000 223.06 (-0.17)         The Neon Demon (NEOND) 1 16.67 (+0.94)         Jonathan Pryce (JPRYC) 16578 54.82 (-0.13)         The Neon Demon (NEOND) 1 16.67 (+0.94)         Nine Lives (9LIVS) 100000 18.00 (0.00)         Metal Gear Solid (MTLGR) 1 8.36 (+2.18)         The Longest Ride - Opening Weeke (LNGST.OW) 100000 15.00 (0.00)         Woman in Gold (WMNGO) 100000 5.73 (+0.09)         Black and White (BLAWH) 100000 29.82 (-0.15)         Nick Frost (NFROS) 19984 49.84 (+0.16)         Ed Harris (EHARR) 17727 40.10 (-0.82)         Blazing Samurai (BLAZS) 5950 35.14 (+5.41)         Nine Lives (9LIVS) 100000 18.00 (0.00)         The Longest Ride H$15 Call (LNGST.CA) 20000 2.00 (0.00)         Larrikins (LARIK) 100000 46.05 (+1.19)         The Rewrite (REWRT) 50 0.02 (-0.01)         Barely Lethal (BLTHL) 100000 2.63 (0.00)         Evan Peters (EPETE) 18952 80.05 (-0.58)         Entourage (ENTOR) 18000 39.91 (-0.17)         Woman in Gold (WMNGO) 100000 5.73 (+0.09)         The Longest Ride H$15 Put (LNGST.PU) 20000 2.00 (0.00)         23 Jump Street (21JS3) 2 77.33 (-0.42)         The Longest Ride - Opening Weeke (LNGST.OW) 100000 15.00 (0.00)         Nine Lives (9LIVS) 5000 18.00 (0.00)         The Longest Ride - Opening Weeke (LNGST.OW) 100000 15.00 (0.00)         Nine Lives (9LIVS) 100000 18.00 (0.00)         The Longest Ride H$15 Call (LNGST.CA) 20000 2.00 (0.00)         Cinderella $180M Blockbuster War (CINDE.BW) 20000 9.02 (-0.11)         The Longest Ride H$15 Put (LNGST.PU) 20000 2.00 (0.00)         Nine Lives (9LIVS) 335 18.00 (0.00)