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).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

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

Quick HelpGlossary »

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 Bad Batch (BATCH) 1000 2.34 (-0.02)         Adrift (ADRFT) 70000 18.03 (-0.06)         Colette (COLET) 100000 1.51 (+0.13)         Thandie Newton (TNEWT) 1340 65.55 (-0.13)         Beautiful Boy (BTFUB) 100000 10.00 (0.00)         Creed 2 (CREE2) 400 24.31 (+4.26)         Beautiful Boy (BTFUB) 100000 10.00 (0.00)         Colette (COLET) 100000 1.51 (+0.13)         Beauty and the Beast H$135 Put (BTATB.PU) 20000 2.00 (0.00)         Beauty and the Beast H$135 Call (BTATB.CA) 20000 2.00 (0.00)         The Catcher Was A Spy (CWSPY) 99999 11.10 (-1.20)         The Favourite (FVRIT) 70000 4.70 (+1.35)         Beauty and the Beast - Opening W (BTATB.OW) 100000 135.00 (0.00)         Logan (WOLV3) 23749 156.31 (+1.63)         Logan (WOLV3) 2 156.31 (+1.63)         The Crowded Room (CRWDR) 10000 7.77 (+0.01)         The Salesman (SALES) 100000 2.76 (-0.26)         Born in China (BCHNA) 30000 13.03 (+0.48)         The Salesman (SALES) 100000 2.76 (-0.26)         Jackpot (JCKPT) 100000 9.24 (+1.01)         Dune (DUNE) 100000 55.86 (+3.57)         Beverly Hills Cop (BHCP4) 1000 9.03 (-0.02)         The Kingkiller Chronicle: The Na (KNGKL) 10000 60.66 (+4.58)         Inversion (NVRSN) 100000 15.26 (+1.22)         Dungeons & Dragons (DNDGN) 15000 18.85 (+0.76)         Beauty and the Beast - Opening W (BTATB.OW) 100000 135.00 (0.00)         The Belko Experiment H$5 Put (BELCO.PU) 20000 2.00 (0.00)         Five Against a Bullet (5ABLT) 10000 18.16 (+0.94)         Creed 2 (CREE2) 100000 24.31 (+4.26)         Fifty Shades Darker (50SH2) 100000 108.55 (-0.02)         The Legend of Conan (CONA2) 89999 1.22 (+0.04)         Fifty Shades Darker (50SH2) 100000 108.55 (-0.02)         Jackpot (JCKPT) 10000 9.24 (+1.01)         Beauty and the Beast H$135 Put (BTATB.PU) 20000 2.00 (0.00)         War Machine (WMACH) 99936 0.68 (-0.48)         Menashe (MENSH) 10000 2.71 (+1.05)         Planetarium (PLNTM) 99000 0.44 (+0.03)         Sylvester Stallone (SSTAL) 20000 66.12 (+0.26)         Inversion (NVRSN) 100000 15.26 (+1.22)         Harvey Keitel (HKEIT) 19228 13.67 (+0.93)         John Wick: Chapter 2 (WICK2) 200 78.45 (-0.40)         Sylvester Stallone (SSTAL) 20000 66.12 (+0.26)         Gael Garcia Bernal (GGBER) 20000 1.71 (-0.03)         Beauty and the Beast H$135 Put (BTATB.PU) 20000 2.00 (0.00)         Gael Garcia Bernal (GGBER) 20000 1.71 (-0.03)         Beauty and the Beast - Opening W (BTATB.OW) 100000 135.00 (0.00)         Beauty and the Beast - Opening W (BTATB.OW) 100000 135.00 (0.00)         Pinocchio (PINOC) 100000 4.06 (-0.09)         Beauty and the Beast H$135 Call (BTATB.CA) 20000 2.00 (0.00)         The Third Wave (3WAVE) 10000 8.22 (+2.93)