ANNOUNCEMENT: Sign-In with Facebook is currently unavailable. Please use your HSX username to login. Sorry about the inconvenience.

Skyfall $225M Blockbuster Warrant

Symbol:JB23.BW
Status:Inactive
Delist Date:Jan 28, 2013

Description

Blockbuster Warrants

Blockbuster Warrants are Hollywood Derivatives which allow traders the opportunity to invest in the long-term financial success of the biggest studio movies. Blockbuster Warrants are similar to Call Options, except the strike price is set for 12 weekends of box office in wide release.

If this particular film makes the strike price by its 12th weekend of wide release, then 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.

For Example: A $100M Blockbuster Warrant has a strike price of H$100. It will delist at zero if the movie does not make more than $100 million after 12 weekends. If the film makes more than $100 million, then the Warrant will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). If the film made $125 million, then the Warrant would cash out at H$25.00 ($125 - $100).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

Skyfall $225M Blockbuster Warran (JB23.BW)

H$77.04 January 28, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 254,380

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$38.83 H$37.64
This Month H$38.83 H$22.09
This Season H$38.83 H$5.00
This Year H$38.83 H$5.00

Quick HelpGlossary »

What is a: Derivative, Status, Change Today


Think you can manage?

Think you have what it takes to manage a Movie Fund? If you have a portfolio worth over H$100 million, then submit your fund idea proposal to macdaddy@hsx.com.

NBC: State of Affairs (STOFAF) 1500 12.72 (+0.06)         Two Days, One Night (2D1NT) 100000 0.08 (+0.01)         6 Miranda Drive (6MRDR) 2500 10.56 (-0.17)         Olga Kurylenko (OKURY) 3999 27.86 (+0.40)         After the Fall (ATFAL) 100000 2.00 (0.00)         Olga Kurylenko (OKURY) 3999 27.86 (+0.40)         Jon Favreau (JFAVR) 990 100.43 (0.00)         Wild Oats (WOATS) 100000 2.60 (+2.58)         Jon Favreau (JFAVR) 1000 100.43 (0.00)         Wild Oats (WOATS) 100000 2.60 (+2.58)         Anthony Mackie (AMACK) 1999 53.82 (-0.23)         Anthony Mackie (AMACK) 1999 53.82 (-0.23)         Insidious: Chapter 3 (NSID3) 100000 38.19 (+2.73)         Insidious: Chapter 3 (NSID3) 100000 38.19 (+2.73)         Ouija (OUIJA) 100000 55.43 (+0.24)         A Most Violent Year (AMVYR) 100000 2.73 (-0.23)         Sharlto Copley (SCOPL) 1999 70.04 (0.00)         Leviathan (LEVIA) 100000 1.68 (-0.12)         Ouija (OUIJA) 1000 55.43 (+0.24)         Sharlto Copley (SCOPL) 1990 70.04 (0.00)         Tim Story (TSTOR) 1999 91.93 (+0.40)         Dumb and Dumber To (DUMB3) 250 84.37 (+0.52)         Tim Story (TSTOR) 1999 91.93 (+0.40)         Ellen Page (EPAGE) 3999 45.11 (-0.27)         Ellen Page (EPAGE) 3999 45.11 (-0.27)         Antonio Banderas (ABAND) 5999 16.15 (+0.26)         Antonio Banderas (ABAND) 7000 16.15 (+0.26)         Ben Mendelsohn (BMEND) 20000 51.70 (+0.13)         Life Partners (LIFEP) 100000 1.04 (-0.02)         Clark Duke (CDUKE) 3999 48.61 (0.00)         Clark Duke (CDUKE) 3000 48.61 (0.00)         Life Partners (LIFEP) 100000 1.04 (-0.02)         John Wick (JWICK) 20000 41.06 (+3.70)         Suicide Squad (SUICD) 50 110.57 (+7.49)         Mr. Turner (TURNR) 100000 1.27 (+0.05)         '71 (71) 1506 0.57 (-0.06)         Joe Manganiello (JOMAN) 20000 58.30 (+0.26)         David Fincher (DFINC) 471 87.13 (-0.02)         Two Days, One Night (2D1NT) 100000 0.08 (+0.01)         The Hunger Games: Mockingjay Par (HGAM3) 2411 389.20 (-0.23)         A Most Violent Year (AMVYR) 100000 2.73 (-0.23)         Neil Patrick Harris (NPHAR) 10000 78.51 (0.00)         Neil Patrick Harris (NPHAR) 15000 78.51 (0.00)         Leviathan (LEVIA) 100000 1.68 (-0.12)         Jem and the Holograms (JEMHG) 100000 27.73 (-0.69)         The Magnificent Seven (MAGN7) 100000 35.29 (-0.43)         Guardians of the Galaxy 2 (GOTG2) 500 210.02 (-1.22)         Kristen Stewart (KSTEW) 1000 104.52 (-0.57)         Kristen Stewart (KSTEW) 7000 104.52 (-0.57)         The Snowden Files (SNWDN) 3069 20.00 (0.00)