HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | HWLEG |
| Status: | Inactive |
| Delist Date: | Feb 19, 2008 |
MovieStock®: I Am Legend
Holiday Warrants are Hollywood Derivatives that allow traders the opportunity to invest in the long-term financial success of the biggest films for the 2007 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 2008.
If the particular film makes the strike price by Feburary 18, 2008, 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 Bee Movie Holiday Warrant has a H$100 strike price. If Bee Movie makes $120 million domestically, then the warrant will cash out at H$20 per share. (Box Office - Strike Price [$120-$100]). If Bee Movie makes less than $100 million, then the warrant will cash out at H$0.
The Holiday Warrants will cash out on Feburary 19, 2008.
Holiday Warrant - I Am Legend H$ (HWLEG)
H$104.64 February 19, 2008
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$104.11 | H$101.59 |
| This Month | H$106.00 | H$87.73 |
| This Season | H$106.00 | H$5.00 |
| This Year | H$106.00 | H$5.00 |
What is a: Derivative, Status, Change Today