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.

Blue Jay (BLUJY) 100000 2.00 (0.00)         Peter and the Starcatchers (PETSC) 100000 0.43 (+0.01)         Beetlejuice 2 (BEET2) 100000 2.02 (+0.02)         Stephen Lang (SLANG) 20000 19.19 (+0.35)         Mad Max: The Wasteland (MMAX5) 10000 40.10 (-1.01)         Shock and Awe (SHAWE) 10000 20.18 (+3.59)         Don't Breathe (AMITD) 5000 48.35 (+5.63)         Jane Levy (JLEVY) 20000 20.83 (+0.72)         Rings aka The Ring 3 (RING3) 100000 32.22 (+2.46)         Home Again (HMAGN) 35012 12.00 (0.00)         Imperium (IMPRM) 100000 1.09 (+0.03)         Chappaquiddick (CHPQD) 5000 12.10 (+0.03)         Blue Jay (BLUJY) 22002 2.00 (0.00)         John Ortiz (JORTI) 20000 17.58 (0.00)         Jackpot (JCKPT) 1500 15.82 (+0.05)         The Intouchables - remake (NTCHB) 80000 11.41 (+0.15)         The Nutcracker And The Four Real (NUTFR) 29818 66.71 (+1.42)         A Dog's Purpose (ADOGP) 35000 20.28 (+1.27)         Mechanic: Resurrection (MCHN2) 1 18.69 (+0.37)         Home Again (HMAGN) 1 12.00 (0.00)         Home Again (HMAGN) 1 12.00 (0.00)         Mechanic: Resurrection (MCHN2) 100000 18.69 (+0.37)         Blue Jay (BLUJY) 100000 2.00 (0.00)         Blue Jay (BLUJY) 100000 2.00 (0.00)         My Best Friend's Wedding (MYBFW) 100000 0.70 (+0.07)         War Dogs (ARMDU) 100000 35.12 (-0.32)         The Secret Life of Pets 2 (PETS2) 100000 213.44 (+3.43)         The Secret Life of Pets 2 (PETS2) 100000 213.44 (+3.43)         Julia Stiles (JSTIL) 4544 97.97 (-1.01)         Kong: Skull Island (SKULN) 100000 127.74 (+1.17)         Avatar 2 (AVAT2) 10000 281.34 (+1.71)         Kevin Spacey (KSPAC) 20000 21.75 (-0.32)         Julia Stiles (JSTIL) 20000 97.97 (-1.01)         Skiptrace (SKPTR) 150 1.40 (-0.08)         Home Again (HMAGN) 99998 12.00 (0.00)         Blue Jay (BLUJY) 100000 2.00 (0.00)         Blue Jay (BLUJY) 100000 2.00 (0.00)         Blair Witch aka The Woods (WOODS) 1 57.42 (+0.04)         Don't Breathe (AMITD) 35600 48.35 (+5.63)         Gotti: In The Shadow Of My Fathe (GOTTI) 100000 3.72 (+1.15)         Home Again (HMAGN) 100000 12.00 (0.00)         Hell or High Water (CMNCH) 1 12.58 (-0.36)         A Dog's Purpose (ADOGP) 100000 20.28 (+1.27)         Back Roads (BACRD) 100000 0.20 (+0.01)         Geostorm (GEOST) 4999 27.20 (-0.31)         Back Roads (BACRD) 100000 0.20 (+0.01)         Amityville: The Awakening (AMTVL) 24999 17.17 (-0.98)         The Limehouse Golem (LHGLM) 20000 7.24 (+1.24)         Gambit (GAMBI) 24999 30.13 (-2.01)         Viola Davis (VDAVI) 15000 52.88 (+0.10)