Holiday Warrant - Chicago H$75

Symbol:HWCHC
Status:Inactive
Delist Date:Feb 18, 2003

Description

MovieStock®: Chicago

Holiday Warrants

The Holiday Warrants allow traders an opportunity to invest in the long-term financial success of the biggest and best studio offerings for the upcoming holiday season. Holiday Warrants are similar to Call Options. The strike price is the estimated total domestic box-office take by President's Weekend 2003.

If the particular film makes the strike price by February 17, 2003, 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 Die Another Day Holiday Warrant has a H$120 strike price. If Die Another Day makes $140 million domestically, then the Die Another Day Holiday Warrant will cash out at H$20 per share. (Box Office - Strike Price [$140-$120]). If Die Another Day makes less than $120 million, then the warrant will cash out at H$0.

Holiday Warrants will cash out on February 18, 2003.



Related Securities

MovieStocks

Holiday Warrant - Chicago H$75 (HWCHC)

H$7.61 February 18, 2003

Delist Date Delist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0

High and Low Trading Prices

This Week H$6.56 H$3.57
This Month H$11.63 H$3.57
This Season H$11.63 H$0.45
This Year H$11.63 H$0.45

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What is a: Derivative, Status, Change Today


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