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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.

Dracula Untold H$10 Call (DRCYZ.CA) 20000 2.00 (0.00)         Jane Got a Gun (JGGUN) 100000 9.48 (+0.02)         Annabelle (ANABL) 100000 58.13 (-3.50)         Untitled Cold War Thriller (CLDWR) 1598 63.88 (+0.49)         Annabelle (ANABL) 100000 58.13 (-3.50)         Truth (TRUTD) 100000 17.50 (+0.04)         Crouching Tiger, Hidden Dragon: (CTHD2) 100000 4.44 (-3.92)         Dolphin Tale 2 (DLPH2) 100000 38.30 (-0.42)         Crouching Tiger, Hidden Dragon: (CTHD2) 100000 4.44 (-3.92)         Dolphin Tale 2 (DLPH2) 84412 38.30 (-0.42)         Birdman (BIRDM) 100000 24.87 (+2.16)         Birdman (BIRDM) 100000 24.87 (+2.16)         Alice in Wonderland 2: Through t (ALCN2) 100000 140.83 (-0.62)         In the Garden of Beasts (ITGOB) 100000 6.90 (+0.12)         The Judge - Opening Weekend (JUDGE.OW) 11885 20.00 (0.00)         Addicted H$10 Call (ADCTD.CA) 20000 2.00 (0.00)         Londongrad (LGRAD) 100000 0.11 (+0.01)         Gone Girl (GONEG) 1835 94.20 (+18.84)         A Monster Calls (AMCAL) 4565 24.88 (+0.59)         London Has Fallen (HFAL2) 100000 53.55 (+0.40)         The Judge H$20 CAll (JUDGE.CA) 12885 2.00 (0.00)         Clavius (CLAVU) 3123 8.00 (0.00)         Pete's Dragon (PDRGN) 99999 32.31 (-0.44)         Dear Eleanor (DELEN) 100000 3.05 (-0.95)         Big Eyes (BIGEY) 100000 22.88 (+1.03)         Stretch (STRTC) 100000 0.36 (-0.63)         Big Eyes (BIGEY) 100000 22.88 (+1.03)         Truth (TRUTD) 100000 17.50 (+0.04)         Dear Eleanor (DELEN) 1 3.05 (-0.95)         The 5th Wave (5WAVE) 44444 39.60 (+0.26)         A Monster Calls (AMCAL) 100000 24.88 (+0.59)         Gilligan's Island (GILGS) 10000 1.27 (+0.12)         A Monster Calls (AMCAL) 100000 24.88 (+0.59)         The Man Who Killed Don Quixote (MWKDQ) 99999 1.80 (-0.05)         Foxcatcher (FOXCT) 24996 14.55 (-0.01)         The Walk (TWALK) 100000 50.10 (+0.13)         The Judge (JUDGE) 7000 49.21 (+2.12)         The Intouchables - remake (NTCHB) 100000 7.58 (+5.69)         Gone Girl H$30 Put (GONEG.PU) 15885 1.64 (-0.55)         Men, Women & Children (MWCHL) 100000 16.28 (-0.15)         The Hunger Games: Mockingjay Par (HGAM4) 15142 340.13 (-1.14)         Miss Meadows (MSMDW) 100000 1.50 (+0.07)         Gone Girl (GONEG) 100000 94.20 (+18.84)         Clavius (CLAVU) 100000 8.00 (0.00)         Gone Girl H$30 Call (GONEG.CA) 7000 3.59 (+0.63)         Southpaw (SUPAW) 100000 9.62 (+0.08)         Hologram for the King (HGFTK) 99999 9.02 (-0.02)         Dear Eleanor (DELEN) 30000 3.05 (-0.95)         The Conjuring 2 (CNJU2) 100000 45.14 (+0.27)         The Best of Me (BESME) 100000 29.90 (+0.44)