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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.

The Voyage of Doctor Dolittle (DOCDO) 100000 55.18 (+4.36)         Untitled Galifianakis/Hader/Roge (UGHRC) 100000 26.00 (+2.30)         The Zookeeper's Wife (ZKPWF) 91111 13.81 (-0.02)         Cars 3 (CARS3) 100 173.75 (+0.03)         Robert Forster (RFORS) 19003 52.46 (+0.40)         Call of Duty (CODUT) 10000 26.18 (+1.92)         Night School (NTSCH) 10000 37.05 (+2.37)         Gears of War (GEARS) 50000 4.90 (+1.45)         The Voyage of Doctor Dolittle (DOCDO) 15000 55.18 (+4.36)         Gears of War (GEARS) 15000 4.90 (+1.45)         The Case for Christ (TCFCH) 88888 12.28 (-0.02)         Soldado aka Sicario 2 (SICA2) 100000 24.24 (+0.30)         Call of Duty (CODUT) 100000 26.18 (+1.92)         Jake Johnson (JMJOH) 15 75.41 (0.00)         Gabriel Iglesias (GIGLE) 20000 35.03 (0.00)         Gabriel Iglesias (GIGLE) 20000 35.03 (0.00)         The Incredibles 2 (NCRD2) 6 210.09 (-0.50)         The Lion King (LIONK) 5 280.69 (-0.34)         Frozen 2 (FROZ2) 10 163.24 (+0.34)         Robert Downey Jr. (RDOWN) 25 179.90 (+0.28)         Tom Hiddleston (THIDD) 20 44.57 (+0.13)         Jake Johnson (JMJOH) 20000 75.41 (0.00)         Chris Hemsworth (CHEMS) 15 108.27 (0.00)         Jake Johnson (JMJOH) 20000 75.41 (0.00)         Chris Pratt (CPRAT) 20 190.98 (+0.57)         The Dark Tower (DRKTW) 48 99.33 (+0.11)         Shrek 5 (SHRK5) 5 113.05 (+0.64)         Star Wars: Episode IX (STAR9) 8 607.55 (+0.55)         Wonder Woman (WONDR) 8 246.46 (+1.08)         Mack Bolan (BOLAN) 8103 3.03 (+0.43)         Mack Bolan (BOLAN) 8931 3.03 (+0.43)         Katie Holmes (KHOLM) 15 22.60 (+0.08)         The Division (DIVSN) 15000 19.30 (-1.14)         Kit Harington (KHARI) 15 56.45 (+0.13)         Joe Manganiello (JOMAN) 19998 57.09 (0.00)         The Chronicles of Narnia: The Si (NARN4) 15000 25.31 (-1.19)         Patrick Dempsey (PDEMP) 15 88.06 (+0.60)         Sweetheart (SWTHT) 15000 9.76 (-1.03)         The Voyage of Doctor Dolittle (DOCDO) 5 55.18 (+4.36)         The Dark Tower (DRKTW) 47577 99.33 (+0.11)         Asteroids (ASTRD) 100000 1.19 (+0.02)         Kingsman: The Golden Circle aka (KTSS2) 50000 127.78 (-0.24)         The Circle (CIRCL) 93626 25.66 (-0.51)         The Voyage of Doctor Dolittle (DOCDO) 3826 55.18 (+4.36)         Call of Duty (CODUT) 50000 26.18 (+1.92)         Sandman (SANDM) 66000 4.66 (0.00)         Curious George (CGEOR) 100000 27.55 (-0.50)         The Chronicles of Narnia: The Si (NARN4) 100000 25.31 (-1.19)         Night School (NTSCH) 9690 37.05 (+2.37)         Mack Bolan (BOLAN) 100000 3.03 (+0.43)