ANNOUNCEMENT: Trade TVStocks of the new, mid-season network series.

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).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

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

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.

The 33 (THE33) 100000 0.07 (-0.05)         Larrikins (LARIK) 50000 40.00 (0.00)         Berserker aka Untitled Viking Mo (VIKIN) 99998 0.13 (+0.06)         Independence Day 3D (ID3D) 100000 0.01 (0.00)         Home (SMEKD) 83657 106.32 (+3.79)         Cinderella $180M Blockbuster War (CINDE.BW) 20000 6.16 (+0.26)         The Opening Weekend Fund (OPENR) 9999 43.28 (-0.23)         Ubik (UBIK) 99998 0.12 (+0.06)         Furious 7 H$110 Call (FAST7.CA) 20000 3.86 (+0.11)         Larrikins (LARIK) 5000 40.00 (0.00)         Independence Day 3D (ID3D) 100000 0.01 (0.00)         Love and Honor (LVHNR) 99998 0.13 (-0.01)         Wolverine 3 (WOLV3) 358 65.41 (+0.07)         Insurgent (DVRG2) 100000 130.60 (-2.12)         Home (SMEKD) 500 106.32 (+3.79)         Home (SMEKD) 50000 106.32 (+3.79)         The Second Best Exotic Marigold (BEMH2) 99973 26.71 (+0.95)         Get Hard (GHARD) 100000 90.68 (-3.07)         The Danish Girl (DANSH) 100000 3.71 (+0.12)         Sony Studio Fund (SONYX) 10000 10.66 (-0.01)         Daniel Craig (DCRAI) 20000 90.38 (+0.23)         Larrikins (LARIK) 100000 40.00 (0.00)         Serena (SERNA) 100000 1.22 (+0.92)         Serena (SERNA) 100000 1.22 (+0.92)         Warner Bros. Studio Fund (WBROX) 10000 19.65 (-0.05)         Get Hard (GHARD) 100000 90.68 (-3.07)         Larrikins (LARIK) 75000 40.00 (0.00)         It Follows (ITFLW) 1 11.47 (-2.63)         Get Hard (GHARD) 100000 90.68 (-3.07)         Aquaman (AQUMN) 25000 68.74 (-0.47)         Larrikins (LARIK) 100000 40.00 (0.00)         Furious 7 H$110 Put (FAST7.PU) 7 1.55 (+0.04)         The Man from U.N.C.L.E. (UNCLE) 100000 50.42 (-0.37)         Mercury (FREDI) 100000 0.76 (+0.52)         Adam Jones (ADAMJ) 100000 13.13 (+0.42)         Spectre (JB24) 10000 192.87 (+1.57)         Hell's Angels (HELLS) 100000 0.01 (-0.01)         StarBonds Fund 24 (BONDS) 10000 34.54 (+0.11)         Cinderella $180M Blockbuster War (CINDE.BW) 1293 6.16 (+0.26)         Peter and the Starcatchers (PETSC) 99999 0.48 (+0.01)         Robotech (RTECH) 15000 35.83 (+3.15)         Get Hard (GHARD) 35579 90.68 (-3.07)         A Conspiracy on Jekyll Island (ACOJI) 84 0.23 (+0.03)         Mercury (FREDI) 99776 0.76 (+0.52)         Adam Strange (ADAMS) 30 0.04 (-0.01)         Fraggle Rock (FRGGL) 1010 7.84 (+0.53)         Matt Damon (MDAMO) 1 84.86 (-0.80)         Nerve (NERVE) 7442 23.36 (+3.36)         Disney Studio Fund (DISNX) 10000 30.56 (+0.04)         Mercury (FREDI) 100000 0.76 (+0.52)