Holiday Warrant - Christmas with the Kranks H$90

Symbol:HWKRA
Status:Inactive
Delist Date:Feb 22, 2005

Description

MovieStock®: Christmas with the Kranks

Holiday Warrants

Holiday Warrants are Hollywood Derivatives that allow traders the opportunity to invest in the long-term financial success of the biggest studio films for the 2004 holiday season. Holiday Warrants are similar to Call Options. The strike price is the estimated total domestic box-office take by President's Weekend 2005.

If the particular film makes the strike price by Feb. 21, 2005, 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 Incredibles Holiday Warrant has a H$250 strike price. If The Incredibles makes $270 million domestically, then the warrant will cash out at H$20 per share. (Box Office - Strike Price [$270-$250]). If The Incredibles makes less than $250 million, then the warrant will cash out at H$0.

Holiday Warrants will cash out on Feb. 22, 2005.



Related Securities

MovieStocks

Holiday Warrant - Christmas with (HWKRA)

H$0.00 February 22, 2005

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$0.06 H$0.06
This Month H$0.06 H$0.06
This Season H$6.43 H$0.06
This Year H$6.43 H$0.06

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What is a: Derivative, Status, Change Today


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