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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.

Dead Space (DSPAC) 100000 0.44 (+0.01)         The Bachelors (BACHL) 100000 1.77 (+0.09)         In the Deep aka 47 Meters Down (47MDW) 100000 10.18 (-0.20)         Uncharted (UNCHT) 100000 17.15 (-0.94)         The Magnificent Seven (MAGN7) 100000 109.31 (0.00)         Split (SPLIT) 100000 32.48 (-0.60)         Uncharted (UNCHT) 100000 17.15 (-0.94)         The Bachelors (BACHL) 100000 1.77 (+0.09)         Custody (CUSTD) 21 0.86 (0.00)         In the Deep aka 47 Meters Down (47MDW) 100000 10.18 (-0.20)         Split (SPLIT) 100000 32.48 (-0.60)         The Secret Life of Pets $300M Bl (PETS.BW) 20000 5.57 (0.00)         Blair Witch aka The Woods (WOODS) 100000 49.76 (+0.36)         Radegund (RADEG) 100000 4.95 (-0.05)         Cafe Society (CFSCT) 74999 8.21 (+0.27)         The Secret Life of Pets $300M Bl (PETS.BW) 20000 5.57 (0.00)         Hacksaw Ridge (HSRDG) 9998 19.53 (+0.60)         Uncharted (UNCHT) 100000 17.15 (-0.94)         Ice Age: Collision Course (ICEA5) 100000 58.49 (0.00)         Uncharted (UNCHT) 100000 17.15 (-0.94)         In the Deep aka 47 Meters Down (47MDW) 99999 10.18 (-0.20)         Pretty in Pink 2 (PINK2) 99999 2.53 (-0.20)         Doc Savage (DOCSV) 100000 26.79 (-0.66)         Doc Savage (DOCSV) 5000 26.79 (-0.66)         Radegund (RADEG) 100000 4.95 (-0.05)         Star Trek Beyond (TREK3) 16000 145.59 (-0.55)         Lights Out (LITSO) 25000 55.61 (-0.23)         Ideal Home (IDLHM) 100000 4.49 (-0.03)         Bad Moms (BMOMS) 100000 78.39 (-0.97)         Split (SPLIT) 100000 32.48 (-0.60)         The Beatles: Eight Days A Week - (TB8DW) 1 2.48 (0.00)         Shadows (MSHDW) 100000 27.11 (+0.90)         Bad Moms (BMOMS) 100000 78.39 (-0.97)         Doc Savage (DOCSV) 50000 26.79 (-0.66)         Creed 2 (CREE2) 100000 26.77 (-0.60)         Liana Liberato (LLIBE) 50 14.50 (0.00)         Pretty in Pink 2 (PINK2) 100000 2.53 (-0.20)         Uncharted (UNCHT) 100000 17.15 (-0.94)         Eternity (ETRNT) 1 1.98 (-0.02)         Bad Moms (BMOMS) 100000 78.39 (-0.97)         Pretty in Pink 2 (PINK2) 30000 2.53 (-0.20)         Soldado aka Sicario 2 (SICA2) 100000 15.86 (+0.46)         Radegund (RADEG) 1 4.95 (-0.05)         Pretty in Pink 2 (PINK2) 99998 2.53 (-0.20)         Uncharted (UNCHT) 100000 17.15 (-0.94)         Brie Larson (BLARS) 10000 43.03 (+0.02)         Eternity (ETRNT) 100000 1.98 (-0.02)         Radegund (RADEG) 100000 4.95 (-0.05)         Bad Moms (BMOMS) 100000 78.39 (-0.97)         Radegund (RADEG) 100000 4.95 (-0.05)