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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.

Kathryn Hahn (KHAHN) 20000 36.53 (-0.77)         Rob Reiner (RREIN) 20000 26.44 (-0.25)         The Odyssey (ODYSY) 90000 14.37 (-0.24)         Closet Monster (CLOST) 1000 1.00 (0.00)         Chow Yun-Fat (CYUNF) 20000 2.21 (-16.93)         Michael Fassbender (MFASS) 20000 37.27 (-0.30)         Rob Reiner (RREIN) 20000 26.44 (-0.25)         Hacksaw Ridge (HSRDG) 1 38.35 (+0.10)         Alicia Vikander (AVIKA) 1 48.69 (+2.23)         Michael Fassbender (MFASS) 20000 37.27 (-0.30)         Frank Langella (FLANG) 20000 7.66 (-3.94)         Frank Langella (FLANG) 20000 7.66 (-3.94)         Animal Crackers (ANMLC) 90 17.54 (+0.02)         Kate Mara (KMARA) 20000 62.80 (+2.58)         George Clooney (GCLOO) 20000 48.50 (-7.18)         Kate Mara (KMARA) 20000 62.80 (+2.58)         Chow Yun-Fat (CYUNF) 20000 2.21 (-16.93)         Inferno (NFERN) 1 83.64 (-0.01)         Kate Mara (KMARA) 20000 62.80 (+2.58)         Paul Giamatti (PGIAM) 20000 2.64 (-15.69)         FOX: The Exorcist (EXORCS) 20000 13.44 (+0.18)         Kate Mara (KMARA) 1 62.80 (+2.58)         Jacob Latimore (JLATI) 20000 60.00 (0.00)         Chow Yun-Fat (CYUNF) 20000 2.21 (-16.93)         Paul Giamatti (PGIAM) 20000 2.64 (-15.69)         Inner City (INRCT) 33332 30.46 (-0.50)         Kathryn Hahn (KHAHN) 20000 36.53 (-0.77)         Kathryn Hahn (KHAHN) 20000 36.53 (-0.77)         I'm Not Ashamed (IMNAS) 100000 12.30 (+0.15)         National Treasure 3 (NATR3) 100000 1.53 (+0.06)         Kathryn Hahn (KHAHN) 20000 36.53 (-0.77)         George Clooney (GCLOO) 20000 48.50 (-7.18)         Shanghai Dawn (SHAI3) 100000 29.25 (-1.05)         Kate Mara (KMARA) 20000 62.80 (+2.58)         Jack Reacher: Never Go Back (RECH2) 1 73.31 (-0.25)         Alicia Vikander (AVIKA) 20000 48.69 (+2.23)         Kathryn Hahn (KHAHN) 20000 36.53 (-0.77)         Alicia Vikander (AVIKA) 20000 48.69 (+2.23)         Alicia Vikander (AVIKA) 20000 48.69 (+2.23)         Kathryn Hahn (KHAHN) 20000 36.53 (-0.77)         Paul Giamatti (PGIAM) 20000 2.64 (-15.69)         Steve Zahn (SZAHN) 20000 41.03 (0.00)         Chow Yun-Fat (CYUNF) 20000 2.21 (-16.93)         Steve Zahn (SZAHN) 20000 41.03 (0.00)         Alicia Vikander (AVIKA) 20000 48.69 (+2.23)         Queen of Katwe (KATWE) 100000 14.52 (-0.31)         Queen of Katwe (KATWE) 10000 14.52 (-0.31)         Max Steel (MAXST) 100000 9.59 (-0.10)         Alicia Vikander (AVIKA) 20000 48.69 (+2.23)         Frank Langella (FLANG) 20000 7.66 (-3.94)