HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | HWSC3 |
| Status: | Inactive |
| Delist Date: | Feb 20, 2007 |
MovieStock®: The Santa Clause 3: The Escape Clause
Holiday Warrants are Hollywood Derivatives that allow traders the opportunity to invest in the long-term financial success of the biggest films for the 2006 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 2007.
If the particular film makes the strike price by Feb. 19, 2007, 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 Borat Holiday Warrant has a H$60 strike price. If Borat makes $80 million domestically, then the warrant will cash out at H$20 per share. (Box Office - Strike Price [$80-$60]). If Borat makes less than $60 million, then the warrant will cash out at H$0.
The Holiday Warrants will cash out on Feb. 20, 2007.
Holiday Warrant - The Santa Clau (HWSC3)
H$4.50 February 20, 2007
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$4.74 | H$4.22 |
| This Month | H$4.74 | H$4.22 |
| This Season | H$12.41 | H$0.58 |
| This Year | H$12.41 | H$0.58 |
What is a: Derivative, Status, Change Today