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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.

Isabel Lucas (ISLUC) 20000 78.26 (-0.20)         Rooney Mara (RMARA) 20000 36.23 (-0.08)         The Founder (FONDR) 9000 23.32 (+7.17)         Paddington 2 (PADT2) 29140 30.00 (0.00)         The Crow (TCROW) 100000 16.86 (+0.99)         Hugh Jackman (HJACK) 20000 106.73 (-0.57)         Avengers: Infinity War Part I (AVNG3) 100 395.66 (+2.12)         Hugh Jackman (HJACK) 20000 106.73 (-0.57)         Blade Runner 2 (BLAD2) 60 34.21 (-0.36)         Paddington 2 (PADT2) 29140 30.00 (0.00)         Paddington 2 (PADT2) 100000 30.00 (0.00)         Gods Behaving Badly (GODBB) 11000 0.12 (+0.03)         Anthony Mackie (AMACK) 20000 62.49 (+0.66)         Godzilla 2 (GODZ2) 2000 100.58 (-3.05)         The Crow (TCROW) 50 16.86 (+0.99)         Anthony Mackie (AMACK) 20000 62.49 (+0.66)         Paddington 2 (PADT2) 29173 30.00 (0.00)         In Dubious Battle (DUBTL) 100000 7.95 (-0.49)         Garrett Hedlund (GHEDL) 20000 59.79 (-0.40)         Godzilla 2 (GODZ2) 25000 100.58 (-3.05)         Catfight (CATFT) 50000 18.19 (-0.11)         Amanda Seyfried (ASEYF) 20000 36.81 (+0.16)         Darlings (DARLN) 100000 0.01 (-0.06)         Joe Wright (JOWRI) 20000 36.50 (+0.16)         Pan (PAN1) 15000 88.00 (-0.39)         1906 (1906) 100000 0.12 (0.00)         The Divergent Series: Allegiant (DVRG3) 40437 118.13 (-0.39)         The Founder (FONDR) 100000 23.32 (+7.17)         Fifty Shades Darker (50SH2) 10000 93.78 (-2.07)         The Flash (FLASH) 10000 41.38 (-0.16)         Fifty Shades of Grey $160M Block (50SHD.BW) 20000 5.00 (0.00)         Nicole Kidman (NKIDM) 20000 15.02 (0.00)         Paddington 2 (PADT2) 100000 30.00 (0.00)         Captain Underpants (CUNDP) 10000 24.21 (-1.00)         The Equalizer 2 (EQLZ2) 10000 27.16 (-0.13)         Chappie (CHAPI) 10000 63.76 (-4.50)         Chappie (CHAPI) 100000 63.76 (-4.50)         Gods of Egypt (GOEGP) 10000 28.86 (+0.27)         Deadpool (DEADP) 10000 81.41 (+0.10)         The Incredibles 2 (NCRD2) 10000 69.51 (-0.51)         Hype Nation (HYPEN) 11000 0.01 (-0.05)         Spectral (SPTRL) 10000 16.14 (-0.05)         Pan (PAN1) 10000 88.00 (-0.39)         Unfinished Business H$15 Put (BSTRP.PU) 20000 2.75 (-0.08)         Spinning Gold (aka The Neil Boga (SPING) 100000 1.78 (0.00)         Furious 7 (FAST7) 4826 251.38 (-0.94)         Grimsby (GRMSB) 100000 30.47 (+4.86)         Jason Bateman (JBATE) 500 40.67 (-0.26)         The Magnificent Seven (MAGN7) 32986 55.31 (+5.64)         Focus (FOCUZ) 100000 48.66 (-2.91)