Les Miserables $130M Blockbuster Warrant

Symbol:LESMS.BW
Status:Inactive
Delist Date:Mar 18, 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).



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Les Miserables $130M Blockbuster (LESMS.BW)

H$18.49 March 18, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 184,132

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$16.68 H$15.86
This Month H$16.68 H$13.48
This Season H$16.68 H$8.41
This Year H$16.68 H$5.00

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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.

Beauty and the Beast H$135 Call (BTATB.CA) 20000 2.00 (0.00)         Logan (WOLV3) 19093 158.27 (+3.59)         Logan - Opening Weekend (WOLV3.OW) 2000 72.58 (+1.07)         The Catcher Was A Spy (CWSPY) 100000 11.60 (-0.70)         American Express aka Untitled Na (AMEXP) 2 17.25 (-0.17)         Carrie Pilby (PILBY) 100000 0.91 (-0.25)         Beautiful Boy (BTFUB) 100000 10.00 (0.00)         The Lost City of Z (LOCTZ) 100000 4.18 (-0.05)         Slenderman (SLNDR) 100000 26.93 (-0.01)         Slenderman (SLNDR) 100000 26.93 (-0.01)         Dune (DUNE) 10 55.61 (+3.32)         Alien: Covenant (PRME2) 850 118.69 (+1.27)         The Catcher Was A Spy (CWSPY) 100000 11.60 (-0.70)         The Catcher Was A Spy (CWSPY) 100000 11.60 (-0.70)         Beauty and the Beast (BTATB) 50000 360.99 (-0.58)         Logan (WOLV3) 100000 158.27 (+3.59)         The Belko Experiment - Opening W (BELCO.OW) 100000 5.00 (0.00)         Common (COMMN) 20000 72.86 (+0.59)         Colette (COLET) 100000 3.11 (+1.73)         Alien 5 (ALIE5) 4 10.17 (-0.29)         Gael Garcia Bernal (GGBER) 20000 1.69 (-0.05)         The Fate of the Furious (FAST8) 264 285.22 (+0.30)         World War Z 2 (WWZ2) 32894 29.55 (+0.05)         The Belko Experiment H$5 Call (BELCO.CA) 20000 2.00 (0.00)         Harvey Keitel (HKEIT) 20000 14.21 (+1.47)         Logan (WOLV3) 2 158.27 (+3.59)         Kong: Skull Island - Opening Wee (SKULN.OW) 695 53.52 (+0.13)         Newness (NEWNS) 999 1.84 (+0.01)         Colette (COLET) 100000 3.11 (+1.73)         Alien 5 (ALIE5) 76 10.17 (-0.29)         Zach Galifianakis (ZGALI) 20000 64.38 (+0.39)         Colette (COLET) 100000 3.11 (+1.73)         Beautiful Boy (BTFUB) 100000 10.00 (0.00)         Fist Fight (FISTF) 100000 30.85 (-0.04)         Ghost in the Shell (GSHEL) 747 79.48 (-1.09)         Mid-90s (MID90) 99001 17.19 (+4.08)         The Shack H$10 Put (SHACK.PU) 20000 2.32 (-0.05)         Logan H$60 Call (WOLV3.CA) 20000 5.92 (+0.37)         Aftermath (478) 1 1.05 (-0.04)         Alien 5 (ALIE5) 76 10.17 (-0.29)         Lin-Manuel Miranda (LMIRA) 3001 25.01 (+4.09)         Alien: Covenant (PRME2) 100000 118.69 (+1.27)         Dungeons & Dragons (DNDGN) 10 18.80 (+0.71)         Elle Fanning (EFANN) 1000 8.17 (-0.03)         Logan H$60 Call (WOLV3.CA) 20000 5.92 (+0.37)         Logan (WOLV3) 2000 158.27 (+3.59)         Avengers 4 (AVNG4) 48522 387.38 (+0.72)         Logan H$60 Call (WOLV3.CA) 20000 5.92 (+0.37)         The Kingkiller Chronicle: The Na (KNGKL) 44042 61.35 (+5.27)         Kong: Skull Island H$50 Call (SKULN.CA) 10000 3.82 (+0.08)