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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.

Annie (ANNIE) 20000 44.01 (-7.12)         Night at the Museum: Secret of t (NMUS3) 99000 46.71 (-21.11)         The Pyramid (PYRMD) 50000 2.77 (-0.10)         Annie (ANNIE) 10000 44.01 (-7.12)         The Pyramid (PYRMD) 75000 2.77 (-0.10)         The Gambler - Opening Weekend (GMBLR.OW) 100000 9.22 (+0.22)         The Interview (NTRVW) 100000 15.57 (+1.91)         N5: Julianne Moore - Still Alice (N5CJMO) 20000 8.61 (+0.04)         The Riot Club aka Posh (RIOTC) 100000 0.01 (-0.09)         N5: Laura Dern - Wild - Sup. Ac (N5SLDE) 10000 3.56 (-0.01)         Fallen (FALLN) 50000 6.83 (+2.22)         Fallen (FALLN) 50000 6.83 (+2.22)         True Story (TRUES) 5 8.24 (-0.13)         Night at the Museum: Secret of t (NMUS3) 71852 46.71 (-21.11)         Rupert Everett (REVER) 10 70.36 (0.00)         Deus Ex (DEUSX) 1 12.64 (-0.02)         The NOLA Fund (BIGEZ) 10000 39.40 (+0.08)         The Thin Man (THINM) 10041 0.23 (-0.02)         N5: Edward Norton - Birdman - S (N5RENO) 10000 8.00 (-0.07)         The Liberator (LBERT) 100000 0.12 (-0.04)         Night at the Museum: Secret of t (NMUS3) 100000 46.71 (-21.11)         The Hobbit: The Battle of the Fi (HOBT3) 1000 186.20 (+6.68)         Fallen (FALLN) 100000 6.83 (+2.22)         The Academy Awards Fund (AWARD) 10000 56.52 (+1.31)         Men, Women & Children (MWCHL) 100000 0.65 (0.00)         Night at the Museum: Secret of t (NMUS3) 25000 46.71 (-21.11)         Night at the Museum: Secret of t (NMUS3) 100000 46.71 (-21.11)         N5: Patricia Arquette - Boyhood (N5SPAR) 1200 7.53 (-0.06)         The Comic Fund (COMIC) 10000 50.43 (+0.13)         Night at the Museum: Secret of t (NMUS3) 50000 46.71 (-21.11)         Clouds of Sils Maria (SILSM) 6264 0.04 (-0.05)         Ben Affleck (BAFFL) 300 63.30 (+0.41)         N5: Julianne Moore - Still Alice (N5CJMO) 2500 8.61 (+0.04)         Wild (WILD1) 100000 14.31 (-0.12)         The Hobbit: The Battle of the Fi (HOBT3) 100000 186.20 (+6.68)         N5: Benedict Cumberbatch - The I (N5ABCU) 5000 8.65 (-0.13)         N5: Boyhood - Best Picture (N5PBOY) 15743 9.33 (+0.01)         Forty Thieves (40THV) 10000 37.48 (-2.52)         Captain America: Civil War (CAPA3) 5639 233.16 (+0.90)         The Hobbit: The Battle of the Fi (HOBT3) 100000 186.20 (+6.68)         N5: Shailene Woodley - The Fault (N5CSWO) 20000 3.30 (-0.07)         N5: Oscar Isaac - A Most Violent (N5AOIS) 20000 3.68 (+0.07)         Pee-Wee Herman: The Movie (PWHER) 100000 3.89 (+1.22)         N5: Mr. Turner - Best Picture (N5PMRT) 20000 3.63 (+0.04)         One Degree of Kevin Bacon Fund (BACON) 10000 53.97 (-0.71)         The Associate (ASOCT) 10000 0.54 (-0.05)         Night at the Museum: Secret of t (NMUS3) 1000 46.71 (-21.11)         A Most Violent Year (AMVYR) 100000 7.20 (+0.06)         N5: Julianne Moore - Still Alice (N5CJMO) 5000 8.61 (+0.04)         Shaolin Temple (SLTMP) 50000 19.66 (-0.40)