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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 Boxtrolls (BOXTR) 2929 43.96 (0.00)         How to Train Your Dragon 3 (HTYD3) 49735 104.20 (-0.90)         Dracula Untold (DRCYZ) 100000 25.28 (+0.69)         Annabelle (ANABL) 50000 45.24 (-0.24)         How to Train Your Dragon 3 (HTYD3) 12165 104.20 (-0.90)         Big Eyes (BIGEY) 100000 19.40 (+0.10)         Big Eyes (BIGEY) 100000 19.40 (+0.10)         Pacific Rim 2 (PACR2) 100000 45.46 (+0.13)         Dracula Untold (DRCYZ) 100000 25.28 (+0.69)         The Skeleton Twins (SKLTW) 20000 4.34 (0.00)         Dracula Untold (DRCYZ) 100000 25.28 (+0.69)         This Is Where I Leave You (TWILU) 100000 31.58 (-0.44)         The Hollars (HOLAR) 100000 9.46 (-0.08)         Our Brand is Crisis (OBCRS) 100000 28.77 (-2.00)         Our Brand is Crisis (OBCRS) 50000 28.77 (-2.00)         Deadpool (DEADP) 1000 56.56 (-2.08)         The Maze Runner (MAZER) 52000 84.87 (-2.88)         The Maze Runner (MAZER) 100000 84.87 (-2.88)         The Magnificient Seven (MAGN7) 100000 24.93 (-0.20)         The Hollars (HOLAR) 100000 9.46 (-0.08)         Cinderella (CINDE) 1000 97.12 (0.00)         The Equalizer (EQLIZ) 1 73.23 (+0.01)         The Great Wall (GRTWL) 100000 14.26 (+0.48)         Cinderella (CINDE) 1000 97.12 (0.00)         The Boxtrolls (BOXTR) 1 43.96 (0.00)         The Cellar (CELAR) 50000 23.81 (+1.97)         20,000 Leagues Under the Sea (20LUS) 100000 7.84 (-0.18)         CHiPs (CHIPS) 100000 16.94 (-0.55)         The Summit (SUMIT) 1000 12.56 (0.00)         Family Guy Movie (FMGUY) 100000 4.08 (+0.04)         The Maze Runner (MAZER) 7682 84.87 (-2.88)         Deadpool (DEADP) 50000 56.56 (-2.08)         The Summit (SUMIT) 1000 12.56 (0.00)         Tron: Voyage (TRON3) 100000 27.15 (-0.45)         The Last of Us (TLOUS) 25000 33.44 (-0.12)         Sherlock Holmes 3 (HOLM3) 100000 26.83 (-1.19)         The Girl Who Played With Fire (TGRL2) 1 13.29 (+0.98)         Sherlock Holmes 3 (HOLM3) 500 26.83 (-1.19)         Spotlight (SPOTL) 1000 15.42 (-0.02)         Spotlight (SPOTL) 50000 15.42 (-0.02)         Edward Norton (ENORT) 4000 37.93 (+0.01)         20,000 Leagues Under the Sea (20LUS) 100000 7.84 (-0.18)         Annabelle (ANABL) 25000 45.24 (-0.24)         Untitled Prometheus Sequel (PRME2) 100000 31.71 (-0.20)         Dracula Untold (DRCYZ) 25000 25.28 (+0.69)         One Chance (1CHAN) 155 0.10 (+0.01)         This Is Where I Leave You (TWILU) 100000 31.58 (-0.44)         Sherlock Holmes 3 (HOLM3) 100000 26.83 (-1.19)         The Maze Runner (MAZER) 3 84.87 (-2.88)         Deadpool (DEADP) 50000 56.56 (-2.08)