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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.

Battle Angel Alita (ALITA) 100000 0.03 (-0.01)         The 3D Fund (IN3D) 10000 30.06 (+0.03)         Neil LaBute (NLABU) 10000 14.55 (-0.07)         David Fincher (DFINC) 2000 86.54 (+0.80)         Guardians of the Galaxy 2 (GOTG2) 10000 209.69 (+1.28)         The Young and Prodigious Spivet (SPIVT) 850 1.49 (-0.02)         The Good Dinosaur (DINOS) 50000 100.15 (+1.19)         Crooked House (CRKDH) 100000 0.04 (+0.02)         Song One (SONG1) 99999 0.04 (0.00)         John Wick (JWICK) 25 35.67 (-3.04)         The Geography of Hope (GEOHP) 50000 0.36 (+0.08)         The Smurfs Movie (SMRF3) 1179 24.98 (-0.10)         John Wick (JWICK) 5000 35.67 (-3.04)         White Bird in a Blizzard (WHTBD) 15 0.63 (+0.04)         Home (SMEKD) 65 46.23 (+0.02)         Sicario (SICAR) 85 16.30 (-0.10)         Spy aka Susan Cooper (SCOPR) 3 58.99 (-0.06)         Deadpool (DEADP) 24934 66.79 (-0.22)         Scarface (SCARF) 100 11.43 (0.00)         Fantastic Beasts and Where to Fi (FBSTS) 21847 98.28 (+1.24)         Salt 2 (SALT2) 36249 1.53 (-0.03)         Avatar 3 (AVAT3) 10553 232.76 (-0.53)         St. Vincent (SVDVN) 50 23.25 (-0.99)         The Incredibles 2 (NCRD2) 100000 120.95 (-2.15)         Nightcrawler H$10 Put (NTCRW.PU) 20000 2.00 (0.00)         The Flash (FLASH) 50000 57.29 (+1.20)         Nightcrawler - Opening Weekend (NTCRW.OW) 100000 10.00 (0.00)         Nightcrawler H$10 Call (NTCRW.CA) 20000 2.00 (0.00)         The Mechanic 2 (MCHN2) 1000 18.00 (0.00)         Adventures of Tintin 2 (TINT2) 100000 14.76 (+3.99)         Resident Evil: The Final Chapter (RESE6) 100 9.55 (-0.08)         Adventures of Tintin 2 (TINT2) 100000 14.76 (+3.99)         The Avengers: Age of Ultron (AVNG2) 34 455.61 (+2.51)         Young Hollywood Fund (YOUNG) 10000 19.89 (-0.11)         The Woman In Black: Angel of Dea (WMBL2) 100000 18.37 (+1.18)         The Mechanic 2 (MCHN2) 100000 18.00 (0.00)         The Raid (RAID1) 110 9.40 (-0.06)         The Cellar (CELAR) 100000 28.64 (+2.20)         Young Hollywood Fund (YOUNG) 10000 19.89 (-0.11)         The LEGO Movie 2 (LEGO2) 29232 135.41 (-0.70)         Big Hero 6 (BHERO) 15 162.32 (-0.09)         Big Hero 6 (BHERO) 15 162.32 (-0.09)         Leighton Meester (LMEES) 20000 26.60 (0.00)         Roger Rabbit 2 (RABT2) 25 1.73 (-0.04)         Straight Outta Compton (SOCMP) 4 27.84 (0.00)         Loomis Fargo (LOMIS) 4 28.01 (+0.27)         Interstellar (NTSTL) 8000 168.19 (+2.40)         Geostorm (GEOST) 3000 40.80 (+5.88)         The Opening Weekend Fund (OPENR) 10000 20.60 (+0.01)         Nightcrawler (NTCRW) 100000 27.16 (+0.13)