HSX - Hollywood Stock Exchange. Trade stock in movies, stars and more!
The Last Exorcism Part II H$10 Put
| Symbol: | LXOR2.PU |
| Status: | Inactive |
| Delist Date: | Mar 4, 2013 |
Description
Options are Hollywood Derivatives based around a specific event. Typically 'calls' and 'puts' options are offered for a MovieStock opening in wide release. This form of speculation lasts only for the opening weekend, which is the first Friday to Sunday of wide release, unless otherwise defined.
Put
A put option speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A $20 put has a strike price of $20, and will cash out at zero if the movie makes more than $20 million during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example: if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).
Related Posts
Forum DiscussionsMore »
-
No one's posted anything about this Derivative yet.
Post something, now!
