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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.

Jason Sudeikis (JSUDE) 20000 64.06 (-0.13)         Terminator: Genisys (TERM5) 500 113.67 (-0.05)         Escobar: Paradise Lost (PRDSL) 100000 2.92 (+0.83)         Our Brand is Crisis (OBCRS) 100000 27.15 (+2.53)         Brooklyn Bridge (BKBRD) 100000 8.65 (+1.09)         Lukas Haas (LHAAS) 20000 19.83 (+0.04)         Horns (HORNS) 100000 2.19 (+0.43)         Escobar: Paradise Lost (PRDSL) 38725 2.92 (+0.83)         Free the Nipple (NIPLE) 100000 1.64 (-0.04)         Skull Island (SKULN) 1 53.71 (0.00)         The Birds (BIRDS) 100000 0.30 (+0.28)         Steve Jobs (SJOBS) 50000 30.30 (-0.14)         Steve Jobs (SJOBS) 49996 30.30 (-0.14)         Mamma Mia 2 (MAMI2) 100000 0.32 (+0.30)         Truckers (BROME) 100000 0.34 (+0.33)         The Comedian (COMDN) 100000 0.42 (+0.40)         The Black Phantom (BPHNT) 50000 25.94 (+0.94)         Our Brand is Crisis (OBCRS) 50000 27.15 (+2.53)         Brooklyn Bridge (BKBRD) 100000 8.65 (+1.09)         The Purge 3 (PURG3) 99999 32.24 (+1.69)         Our Brand is Crisis (OBCRS) 100000 27.15 (+2.53)         The Taliban Shuffle (TSHUF) 50000 23.64 (-0.63)         The Black Phantom (BPHNT) 10000 25.94 (+0.94)         Patient Zero (PZERO) 50000 22.48 (-0.50)         Brooklyn Bridge (BKBRD) 100000 8.65 (+1.09)         Brooklyn Bridge (BKBRD) 100000 8.65 (+1.09)         Comet (COMET) 100000 1.86 (-0.14)         The Equalizer 2 (EQLZ2) 99999 42.12 (+1.38)         Pee-Wee Herman: The Movie (PWHER) 100000 4.87 (-0.48)         Pride and Prejudice and Zombies (PRDPZ) 100000 18.67 (-0.62)         Before I Disappear (BIDSP) 100000 1.90 (-0.10)         Comet (COMET) 100000 1.86 (-0.14)         Comet (COMET) 100000 1.86 (-0.14)         The Equalizer 2 (EQLZ2) 50000 42.12 (+1.38)         Ex Machina (EXMCH) 100000 8.18 (-0.56)         The Graveyard Book (GRVBK) 100000 4.72 (-0.83)         The Taliban Shuffle (TSHUF) 100000 23.64 (-0.63)         Hot Tub Time Machine 2 (HTUB2) 100000 29.95 (-0.35)         Hot Tub Time Machine 2 (HTUB2) 100000 29.95 (-0.35)         Black Panther (BPNTH) 543 69.43 (+0.54)         Escobar: Paradise Lost (PRDSL) 100000 2.92 (+0.83)         The Choice (CHOCE) 79999 27.00 (-0.07)         Black Panther (BPNTH) 543 69.43 (+0.54)         Scott Eastwood (SEAST) 20000 36.09 (-0.16)         The Equalizer 2 (EQLZ2) 1 42.12 (+1.38)         Kate Winslet (KWINS) 20000 35.67 (-0.16)         Ice Age 5 (ICEA5) 32198 50.20 (+0.23)         Ex Machina (EXMCH) 100000 8.18 (-0.56)         King Arthur (KARTH) 100000 53.12 (-0.20)         David Strathairn (DSTRA) 20000 100.30 (-0.28)