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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.

John C. Reilly (JCREI) 250 46.78 (-0.14)         Dirty Dancing (DDANC) 50 0.07 (-0.03)         Good Time (GDTIM) 100000 4.00 (0.00)         Damsel (DAMSL) 100000 4.00 (0.00)         Sleight (SLEIG) 95000 11.49 (-0.02)         Good Time (GDTIM) 100000 4.00 (0.00)         Dirty Dancing (DDANC) 700 0.07 (-0.03)         Damsel (DAMSL) 100000 4.00 (0.00)         Laura Dern (LDERN) 150 34.65 (+0.08)         XXX: Return of Xander Cage (XXX3) 12000 57.21 (-3.61)         Slenderman (SLNDR) 95000 27.76 (-2.48)         An Inconvenient Sequel (INCV2) 100000 15.88 (-0.97)         An Inconvenient Sequel (INCV2) 100000 15.88 (-0.97)         Underworld: Blood Wars (UNDW5) 691 27.44 (+0.07)         Significant Other (SIGNO) 22480 23.36 (+0.03)         Beauty and the Beast (BTATB) 10000 281.47 (+1.48)         Wish Upon (WUPON) 99999 22.53 (+2.33)         Damsel (DAMSL) 100000 4.00 (0.00)         Snatched (MTDTR) 95000 42.49 (-0.45)         James Mangold (JMANG) 2500 80.44 (+0.22)         Top Gun 2 (TOPG2) 50 20.41 (+0.54)         The Founder (FONDR) 25000 10.69 (-2.36)         XXX: Return of Xander Cage (XXX3) 1 57.21 (-3.61)         StarBonds Fund (BONDS) 1203 24.14 (+0.09)         Sonic the Hedgehog (SONIC) 8713 37.45 (+0.04)         Entering Hades (ENHAD) 200 4.40 (-0.07)         Smurfs: The Lost Village (SMRF3) 95000 58.35 (-0.13)         You Were Never Really Here (YWNRH) 200 4.23 (-0.09)         Den of Thieves (DENOT) 9407 26.08 (-0.31)         Good Time (GDTIM) 100000 4.00 (0.00)         Boyd Holbrook (BHOLB) 20000 37.64 (+0.48)         Top Gun 2 (TOPG2) 1000 20.41 (+0.54)         Kings (KINGS) 9995 8.76 (+0.09)         Damsel (DAMSL) 100000 4.00 (0.00)         XXX: Return of Xander Cage (XXX3) 25000 57.21 (-3.61)         Rings (RING3) 35755 31.93 (+2.88)         Patriots Day (PATSD) 100000 34.16 (+3.89)         Shrek 5 (SHRK5) 20000 135.82 (-1.83)         Shrek 5 (SHRK5) 8914 135.82 (-1.83)         Split (SPLIT) 2858 71.48 (+8.52)         Chris Messina (CMESS) 1030 3.56 (-0.16)         Split (SPLIT) 100000 71.48 (+8.52)         Captive State (CAPST) 50000 23.05 (+3.02)         Doctor Strange 2 (DRST2) 91140 148.80 (+0.38)         The Strangers 2 (STRN2) 15 2.94 (-0.01)         Live By Night (LVBNT) 100000 12.88 (+0.23)         The Founder (FONDR) 100000 10.69 (-2.36)         Barbie (BARBI) 6779 30.75 (0.00)         The Strangers 2 (STRN2) 99013 2.94 (-0.01)         Good Time (GDTIM) 100000 4.00 (0.00)