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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.

Meryl Streep (MSTRE) 20000 47.35 (+0.28)         The European Fund (EURO) 10000 20.00 (0.00)         Mia Wasikowska (MWASI) 20000 0.60 (-0.26)         Meryl Streep (MSTRE) 20000 47.35 (+0.28)         Frozen 2 (FROZ2) 100000 143.32 (-1.28)         War Room (WARRM) 12500 29.37 (+0.01)         Indiana Jones 5 (INDI5) 90 27.57 (-2.00)         Miles Teller (MTELL) 20000 69.37 (+0.97)         Miles Teller (MTELL) 20000 69.37 (+0.97)         Partisan (PRTSN) 100000 1.67 (+1.46)         Meryl Streep (MSTRE) 20000 47.35 (+0.28)         Meryl Streep (MSTRE) 20000 47.35 (+0.28)         Independence Day: Resurgence (IDAY2) 2 149.82 (+0.51)         Ed Skrein (ESKRE) 20000 10.57 (+0.57)         Ice Age 5 (ICEA5) 5 91.05 (-0.29)         The European Fund (EURO) 10000 20.00 (0.00)         Indiana Jones 5 (INDI5) 100000 27.57 (-2.00)         Race (RACE) 100000 16.14 (+5.68)         Paul Giamatti (PGIAM) 20000 73.95 (-0.45)         In A Valley of Violence (IAVOV) 50 2.28 (-0.10)         Michael B. Jordan (MBJOR) 20000 41.87 (-0.35)         Paul Giamatti (PGIAM) 20000 73.95 (-0.45)         The European Fund (EURO) 10000 20.00 (0.00)         Jumanji (JUMNJ) 100000 44.78 (-2.77)         Highwaymen (HWMEN) 8 1.53 (+0.02)         Miles Teller (MTELL) 20000 69.37 (+0.97)         Miles Teller (MTELL) 20000 69.37 (+0.97)         Mamie Gummer (MGUMM) 20000 13.03 (+0.21)         Jumanji (JUMNJ) 100000 44.78 (-2.77)         The European Fund (EURO) 10000 20.00 (0.00)         Meryl Streep (MSTRE) 20000 47.35 (+0.28)         Meryl Streep (MSTRE) 20000 47.35 (+0.28)         Kelly Reilly (KREIL) 20000 19.13 (-0.37)         Rhys Ifans (RIFAN) 20000 55.77 (-1.22)         Joel Edgerton (JEDGE) 20000 68.28 (-1.04)         How to Train Your Dragon 3 (HTYD3) 3 89.61 (-0.24)         F. Gary Gray (FGGRA) 20000 76.29 (+1.44)         Artemis Fowl (AFOWL) 100000 6.80 (+6.34)         Hotel Transylvania 2 (HTRN2) 3 98.14 (+0.34)         Toby Kebbell (TKEBB) 20000 72.83 (-0.62)         Kate Mara (KMARA) 20000 15.21 (-0.07)         Partisan (PRTSN) 100000 1.67 (+1.46)         Sebastian Stan (SSTAN) 20000 93.34 (+1.06)         Partisan (PRTSN) 100000 1.67 (+1.46)         Michael B. Jordan (MBJOR) 20000 41.87 (-0.35)         Kevin Kline (KKLIN) 20000 18.49 (+0.30)         Logan Marshall-Green (LMARS) 20000 40.03 (+0.15)         Artemis Fowl (AFOWL) 9000 6.80 (+6.34)         Kelly Reilly (KREIL) 20000 19.13 (-0.37)         The Circle (CIRCL) 100000 24.65 (+1.77)