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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.

Nightcrawler (NTCRW) 100000 32.06 (-2.62)         Fury (FURY) 100000 65.01 (+2.15)         Interstellar H$60 Call (NTSTL.CA) 2500 3.65 (+0.06)         Brooklyn Family Robinson (BFROB) 100000 16.41 (+0.02)         Fantastic Beasts and Where to Fi (FBSTS) 10000 101.20 (-0.23)         Doctor Strange (DRSTR) 5000 117.21 (0.00)         How to Train Your Dragon 3 (HTYD3) 7777 96.97 (+1.58)         Wonder Woman (WONDR) 5000 94.00 (-0.09)         Leatherface (LTHFC) 100000 27.32 (+2.32)         Puss In Boots 2 (PUSS2) 5000 45.06 (-0.15)         Hellraiser (HELRS) 100000 1.32 (+0.08)         Interstellar - Opening Weekend (NTSTL.OW) 100000 65.32 (+0.44)         Interstellar H$60 Call (NTSTL.CA) 20000 3.65 (+0.06)         Gone Girl $120M Blockbuster Warr (GONEG.BW) 20000 14.57 (+0.09)         Interstellar H$60 Call (NTSTL.CA) 2500 3.65 (+0.06)         Big Hero 6 H$60 Call (BHERO.CA) 20000 3.02 (+0.04)         Big Hero 6 - Opening Weekend (BHERO.OW) 100000 62.27 (+0.42)         Storks (STORK) 100000 10.70 (-0.10)         Interstellar H$60 Call (NTSTL.CA) 5000 3.65 (+0.06)         Interstellar H$60 Call (NTSTL.CA) 5000 3.65 (+0.06)         The Gambler (GMBLR) 75000 33.37 (+0.12)         The Bringing (TBRNG) 100000 18.66 (-1.34)         Interstellar H$60 Call (NTSTL.CA) 5000 3.65 (+0.06)         Pee-Wee Herman: The Movie (PWHER) 1900 5.21 (+0.29)         Leatherface (LTHFC) 100000 27.32 (+2.32)         St. Vincent (SVDVN) 100000 20.51 (-0.05)         Ouija (OUIJA) 100000 44.70 (+1.02)         Hellraiser (HELRS) 100000 1.32 (+0.08)         Austin Powers 4 (AUST4) 9 4.64 (+0.02)         The Flash (FLASH) 269 58.74 (-0.20)         Interstellar H$60 Put (NTSTL.PU) 15359 2.30 (-0.07)         Best Buds (BSBUD) 99999 0.02 (-0.01)         Attachment (ATCHM) 99999 0.02 (-0.01)         The Black Phantom (BPHNT) 100000 23.90 (+1.03)         The Black Phantom (BPHNT) 25000 23.90 (+1.03)         Underworld: Next Generation (UNDW5) 67899 25.02 (+2.20)         The Taliban Shuffle (TSHUF) 99999 25.26 (+2.26)         The Book of Life (BOLIF) 100000 42.98 (+0.66)         Leatherface (LTHFC) 99222 27.32 (+2.32)         Before I Go To Sleep (BIGTS) 100000 6.18 (-1.95)         Angry Birds (ANGRB) 99999 43.45 (+3.10)         Patient Zero (PZERO) 99999 26.50 (+3.68)         Invertigo (NVRTG) 50000 1.86 (+0.02)         Interstellar - Opening Weekend (NTSTL.OW) 5000 65.32 (+0.44)         John Wick (JWICK) 100000 37.34 (+0.78)         Interstellar H$60 Call (NTSTL.CA) 5000 3.65 (+0.06)         St. Vincent (SVDVN) 100000 20.51 (-0.05)         Ouija (OUIJA) 100000 44.70 (+1.02)         Ouija (OUIJA) 100000 44.70 (+1.02)         Ouija (OUIJA) 100000 44.70 (+1.02)