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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.

Ted 2 (TED2) 4000 127.30 (-0.12)         The Mechanic 2 (MCHN2) 1 18.36 (+1.59)         The Mechanic 2 (MCHN2) 25000 18.36 (+1.59)         St. Vincent (SVDVN) 100000 27.02 (+0.60)         St. Vincent (SVDVN) 100000 27.02 (+0.60)         Black Panther (BPNTH) 100000 29.50 (+0.15)         Ouija (OUIJA) 100000 53.45 (-1.98)         Nightcrawler H$10 Put (NTCRW.PU) 20000 1.92 (-0.02)         Nightcrawler H$10 Call (NTCRW.CA) 20000 2.87 (+0.05)         The Accountant (ACTNT) 100000 28.37 (+0.46)         John Wick (JWICK) 100000 40.47 (-0.59)         The Fantastic Four (FANT4) 100000 136.84 (-0.11)         Pete's Dragon (PDRGN) 50000 33.64 (-0.15)         John Wick (JWICK) 100000 40.47 (-0.59)         Assassin's Creed (ASCRD) 1 18.11 (0.00)         The Incredibles 2 (NCRD2) 50000 114.23 (+0.49)         Ouija (OUIJA) 100000 53.45 (-1.98)         John Wick (JWICK) 100000 40.47 (-0.59)         Interstellar (NTSTL) 3200 165.73 (-0.45)         Voice from the Stone (VFTST) 100000 19.22 (+1.31)         The Peanuts Movie (PENUT) 50000 56.02 (-0.33)         Voice from the Stone (VFTST) 100000 19.22 (+1.31)         My Old Lady (MOLDY) 17200 3.12 (-0.06)         Hunter Killer (HNTKL) 19400 2.92 (-0.06)         Finding Dory aka Finding Nemo 2 (NEMO2) 50000 179.63 (+0.13)         Game Brain (GAMEB) 1996 28.62 (+0.05)         The Avengers: Age of Ultron (AVNG2) 99999 469.94 (-0.79)         Blade Runner 2 (BLAD2) 3400 18.07 (-0.03)         Suicide Squad (SUICD) 159 111.99 (+1.42)         Gone Girl $120M Blockbuster Warr (GONEG.BW) 20000 6.86 (+0.52)         Beverly Hills Cop (BHCP4) 2000 35.97 (-0.05)         The Snowden Files (SNWDN) 100000 19.24 (-0.76)         Top Gun 2 (TOPG2) 2700 23.86 (0.00)         Annabelle (ANABL) 64633 81.84 (-0.22)         The Snowden Files (SNWDN) 100000 19.24 (-0.76)         Fury (FURY) 1000 65.77 (+0.73)         Harbinger (HARBN) 100000 0.06 (+0.04)         Ouija (OUIJA) 100000 53.45 (-1.98)         The Kitchen Sink (KSINK) 10000 7.25 (0.00)         Hack/Slash (HACKS) 100000 0.05 (+0.03)         Independence Day 2 (IDAY2) 60000 112.32 (+0.65)         Gypsy (GYPSY) 100000 0.06 (+0.05)         The Last Of Robin Hood (TLORH) 100000 0.11 (-0.02)         Girl Soldier (GRLSO) 100000 0.06 (+0.05)         Getting to Happy (GTHAP) 100000 0.06 (+0.04)         Gershwin (GRSHW) 100000 0.05 (+0.02)         Endangered Species (ENSPC) 100000 0.05 (+0.04)         Empires of the Deep (EMDEP) 100000 0.08 (+0.06)         St. Vincent (SVDVN) 100000 27.02 (+0.60)         Citizenfour (CTZNF) 100000 1.30 (+0.29)