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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.

Interstellar (NTSTL) 3 158.86 (-0.25)         Cuba Gooding Jr. (CGOOD) 20000 50.17 (-0.13)         If I Stay (ISTAY) 100000 47.48 (-1.12)         Inferno (NFERN) 15 77.48 (-1.00)         Captain Fantastic (CFANT) 100000 8.00 (0.00)         Finding Dory aka Finding Nemo 2 (NEMO2) 5 190.32 (-0.75)         Cuba Gooding Jr. (CGOOD) 1 50.17 (-0.13)         National Treasure 3 (NATR3) 15 18.93 (-0.26)         Pacific Rim 2 (PACR2) 5000 62.29 (-1.13)         Me and My Shadow (MSHDW) 450 2.03 (+0.04)         Night at the Museum: Secret of t (NMUS3) 100000 152.36 (+0.12)         Me and My Shadow (MSHDW) 42 2.03 (+0.04)         The Girl Who Played With Fire (TGRL2) 100000 9.79 (+4.42)         Mortdecai (MRTDC) 6 46.38 (-0.26)         Animation Fund (AMATN) 3000 55.42 (+0.20)         Mortdecai (MRTDC) 6 46.38 (-0.26)         Pacific Rim 2 (PACR2) 10000 62.29 (-1.13)         The Comic Fund (COMIC) 3000 25.53 (-0.21)         99 Homes (99HOM) 100000 5.12 (+2.69)         Monster Trucks (MNTRC) 60 35.05 (-0.55)         99 Homes (99HOM) 100000 5.12 (+2.69)         Minions (MNION) 3 170.01 (-0.11)         Power Rangers (MMPR) 3 58.09 (-0.13)         Justice League (JLEAG) 75 209.06 (-0.50)         Mission: Impossible 5 (MISS5) 3 135.01 (-0.11)         Mike Vogel (MVOGE) 4750 41.07 (+0.40)         Tomorrowland aka 1952 (1952) 100000 119.20 (-0.76)         The Magnificient Seven (MAGN7) 8 26.06 (-0.16)         Dolphin Tale 2 (DLPH2) 50462 37.10 (+1.78)         Pacific Rim 2 (PACR2) 5000 62.29 (-1.13)         The Congress (CNGRS) 5000 0.02 (-0.08)         As Above, So Below (AASB) 100000 22.71 (-3.13)         Blade Runner 2 (BLAD2) 100000 27.36 (-0.69)         Teenage Mutant Ninja Turtles (TMNT1) 100000 167.32 (-2.05)         Criminal (CRIMN) 100000 18.45 (-0.98)         The Lost Symbol (LSYMB) 1000 0.94 (-0.02)         Blade Runner 2 (BLAD2) 100000 27.36 (-0.69)         Criminal (CRIMN) 100000 18.45 (-0.98)         Teenage Mutant Ninja Turtles (TMNT1) 100000 167.32 (-2.05)         Lost River (HTCAM) 20000 5.00 (+0.05)         By the Sea (BYSEA) 100000 28.14 (+0.19)         The LEGO Movie 2 (LEGO2) 5 156.98 (-0.53)         Mike Vogel (MVOGE) 15250 41.07 (+0.40)         Ving Rhames (VRHAM) 8051 8.89 (+0.10)         Kojak (KOJAK) 5 15.03 (-0.07)         Manglehorn (MNGLH) 100000 3.17 (+0.68)         Jupiter Ascending (JUPTR) 3 64.91 (-0.06)         Manglehorn (MNGLH) 100000 3.17 (+0.68)         The Judge (JUDGE) 3 40.54 (-0.03)         The Jungle Book - Disney (JNGLB) 3 93.02 (-0.18)