HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | HWACC |
| Status: | Inactive |
| Delist Date: | Feb 16, 2010 |
Holiday Warrants are Hollywood Derivatives that allow traders the opportunity to invest in the long-term financial success of the biggest films for the 2009 holiday season. Holiday Warrants are similar to Call Options. The strike price is the target domestic box office for each film by President's Weekend 2010.
If the particular film makes the strike price by February 15, 2010, 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.
Example: The Avatar Holiday Warrant has a $200M strike price. If Avatar makes $220 million domestically, then the warrant will cash out at H$20 per share. (Box Office - Strike Price [$220-$200]). If Avatar makes less than $200 million, then the warrant will cash out at H$0.
The Holiday Warrants will cash out on February 16, 2009.
HW: A Christmas Carol (HWACC)
H$0.00 February 16, 2010
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0
| This Week | H$0.01 | H$0.01 |
| This Month | H$0.01 | H$0.01 |
| This Season | H$0.01 | H$0.01 |
| This Year | H$6.82 | H$0.01 |
What is a: Derivative, Status, Change Today