Madagascar 3: Europe's Most Wanted $165M Blockbuster Warrant

Symbol:MADG3.BW
Status:Inactive
Delist Date:Aug 27, 2012

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.

If this particular film makes the strike price by its 12th weekend, 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. The Blockbuster Warrant will cash out after its 12th weekend of release.

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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Madagascar 3: Europe's Most Want (MADG3.BW)

H$48.69 August 27, 2012

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 487,882

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$33.30 H$32.05
This Month H$33.71 H$28.98
This Season H$33.71 H$5.00
This Year H$33.71 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.

Benedict Cumberbatch (BCUMB) 19674 122.56 (+0.28)         Into the Inferno (NTNFR) 100000 0.03 (-0.01)         Moana (MOANA) 100000 156.08 (+2.19)         Moana (MOANA) 100000 156.08 (+2.19)         Disobedience (DSOBD) 100000 6.00 (0.00)         Ludacris Chris Bridges (LUDAC) 19722 138.00 (+0.56)         Significant Other (SIGNO) 80000 27.54 (+3.82)         Clerks III (CLRK3) 50000 2.55 (+0.55)         Office Christmas Party (OFCPT) 100000 59.14 (-3.20)         Clerks III (CLRK3) 50000 2.55 (+0.55)         Passengers (PSSNG) 22851 97.15 (-0.22)         Office Christmas Party (OFCPT) 100000 59.14 (-3.20)         Clerks III (CLRK3) 100000 2.55 (+0.55)         Samuel L. Jackson (SLJAC) 19851 53.36 (+0.26)         Rogue One: A Star Wars Story - O (SW16.OW) 2395 166.34 (-0.51)         Office Christmas Party H$30 Put (OFCPT.PU) 20000 4.40 (+0.37)         Pitch Perfect 3 (PTCP3) 36593 80.65 (+0.37)         Office Christmas Party H$30 Call (OFCPT.CA) 20000 1.02 (-0.25)         Nocturnal Animals (NOCAN) 5 16.81 (-0.76)         Office Christmas Party H$30 Call (OFCPT.CA) 20000 1.02 (-0.25)         Fast & Furious 9 (FAST9) 24000 173.51 (-0.29)         Office Christmas Party - Opening (OFCPT.OW) 100000 21.83 (-1.16)         Christopher Robin aka Winnie the (WINPO) 5 40.58 (-0.98)         Office Christmas Party - Opening (OFCPT.OW) 100000 21.83 (-1.16)         Splinter Cell (SCELL) 100000 4.40 (+2.30)         Soldado aka Sicario 2 (SICA2) 5 22.01 (-0.42)         Alita: Battle Angel (ALITA) 93361 49.45 (+0.25)         Why Him? (WHYHM) 100000 43.62 (+0.34)         The Great Wall (GRTWL) 5 57.03 (-0.40)         Office Christmas Party H$30 Put (OFCPT.PU) 20000 4.40 (+0.37)         Doctor Strange $210M Blockbuster (DRSTR.BW) 19988 12.23 (+0.11)         Clerks III (CLRK3) 5 2.55 (+0.55)         Disobedience (DSOBD) 100000 6.00 (0.00)         Disobedience (DSOBD) 99999 6.00 (0.00)         Solace (SOLAC) 99999 0.65 (-0.02)         Rogue One: A Star Wars Story H$1 (SW16.CA) 20000 5.73 (+0.06)         Splinter Cell (SCELL) 5 4.40 (+2.30)         Fast & Furious 9 (FAST9) 10000 173.51 (-0.29)         Significant Other (SIGNO) 50000 27.54 (+3.82)         A Dog's Purpose (ADOGP) 4200 37.17 (-0.05)         Daniel Bruhl (DBRUH) 20000 60.68 (0.00)         The Greasy Strangler (GRESY) 100000 0.06 (-0.02)         Sing (SING) 100000 140.23 (+0.80)         Ride Along 3 (RDLO3) 50000 45.21 (+4.93)         The Jungle Book 2 (JNGL2) 67 140.27 (+0.93)         Significant Other (SIGNO) 10000 27.54 (+3.82)         Office Christmas Party - Opening (OFCPT.OW) 99999 21.83 (-1.16)         Ride Along 3 (RDLO3) 10000 45.21 (+4.93)         Disobedience (DSOBD) 1 6.00 (0.00)         La La Land (LALAL) 100000 41.99 (+1.21)