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.

Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Hands of Stone (HNDST) 100000 4.68 (-0.11)         Morgan - Opening Weekend Fri-Mon (MORGN.OW) 5000 14.35 (+0.24)         The Light Between Oceans H$10 Ca (TLBOC.CA) 20000 1.30 (+0.06)         The Light Between Oceans H$10 Ca (TLBOC.CA) 20000 1.30 (+0.06)         Guardians of the Galaxy Vol. 2 (GOTG2) 100 306.98 (+1.25)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Morgan H$15 Call Fri-Mon (MORGN.CA) 20000 1.67 (-0.04)         Morgan H$15 Call Fri-Mon (MORGN.CA) 20000 1.67 (-0.04)         Suicide Squad $285M Blockbuster (SUICD.BW) 20000 7.03 (+0.69)         Hell or High Water (CMNCH) 100000 16.01 (+1.07)         Hands of Stone (HNDST) 1 4.68 (-0.11)         Southside With You (SSWYU) 100000 8.26 (+0.62)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Suicide Squad $285M Blockbuster (SUICD.BW) 20000 7.03 (+0.69)         Hell or High Water (CMNCH) 50000 16.01 (+1.07)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Hands of Stone (HNDST) 100000 4.68 (-0.11)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         The Fall Guy (FALGY) 10000 4.03 (+1.84)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Morgan H15 Put Fri-Mon (MORGN.PU) 20000 2.76 (+0.01)         The Fall Guy (FALGY) 100000 4.03 (+1.84)         Hell or High Water (CMNCH) 99999 16.01 (+1.07)         Mechanic: Resurrection (MCHN2) 100000 20.25 (+2.21)         The Light Between Oceans H$10 Pu (TLBOC.PU) 20000 2.52 (-0.08)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Hands of Stone (HNDST) 100000 4.68 (-0.11)         Hands of Stone (HNDST) 99999 4.68 (-0.11)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Southside With You (SSWYU) 99999 8.26 (+0.62)         Don't Breathe (AMITD) 100000 70.47 (+9.95)         Sully (SULLY) 77000 67.52 (+4.07)         Mary Poppins Returns (MPOPN) 199 79.61 (+0.20)         A Dog's Purpose (ADOGP) 1 29.27 (+2.81)         Don't Breathe (AMITD) 99999 70.47 (+9.95)