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Men in Black 3 $150M Blockbuster Warrant

Symbol:MIB3.BW
Status:Inactive
Delist Date:Aug 13, 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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Men in Black 3 $150M Blockbuster (MIB3.BW)

H$27.55 August 13, 2012

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 221,103

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$24.11 H$23.69
This Month H$25.00 H$21.96
This Season H$25.00 H$5.00
This Year H$25.00 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 Billion Brick Race (BBRAC) 100000 72.57 (-0.81)         N7: Sully - Best Picture (N7PSUL) 20000 5.11 (-0.06)         N7: Sully - Best Picture (N7PSUL) 20000 5.11 (-0.06)         Rememory (REMEM) 50000 6.91 (+1.51)         Hidden Figures (HIDNF) 100000 87.39 (+0.81)         The Space Between Us (OUTTW) 99999 24.94 (-0.26)         The Big Sick (TBSIC) 100000 5.33 (+1.19)         The Big Sick (TBSIC) 100000 5.33 (+1.19)         Leap! (LEAP) 20000 18.14 (-0.90)         Born in China (BCHNA) 100000 11.65 (-0.25)         Rememory (REMEM) 100000 6.91 (+1.51)         Hidden Figures (HIDNF) 99999 87.39 (+0.81)         XXX: Return of Xander Cage (XXX3) 100000 46.63 (-2.36)         Stan & Ollie (STNOL) 40000 6.17 (-0.11)         The Founder (FONDR) 99999 11.84 (+3.08)         First Man (FIRSM) 45175 30.54 (-0.09)         Angry Birds 2 (ANGR2) 10000 28.93 (-0.10)         Rememory (REMEM) 100000 6.91 (+1.51)         Big Trouble in Little China (BTILC) 1 49.97 (-0.39)         Split (SPLIT) 100000 87.14 (+0.33)         NBC: Taken (TAKENN) 20000 7.00 (0.00)         Split (SPLIT) 50000 87.14 (+0.33)         Rememory (REMEM) 5000 6.91 (+1.51)         The Uglydolls (UGLYD) 25000 37.45 (-2.55)         Hidden Figures (HIDNF) 100000 87.39 (+0.81)         The Big Sick (TBSIC) 100000 5.33 (+1.19)         Damsel (DAMSL) 5000 5.54 (+1.77)         The Strangers 2 (STRN2) 15000 5.09 (+2.32)         NBC: Taken (TAKENN) 20000 7.00 (0.00)         The Strangers 2 (STRN2) 20000 5.09 (+2.32)         Captive State (CAPST) 15000 23.59 (+2.68)         The Founder (FONDR) 25000 11.84 (+3.08)         Artemis Fowl (AFOWL) 20000 9.42 (+3.57)         The Billion Brick Race (BBRAC) 1 72.57 (-0.81)         The Strangers 2 (STRN2) 100000 5.09 (+2.32)         A Dog's Purpose (ADOGP) 10 34.65 (-3.16)         A Dog's Purpose (ADOGP) 10 34.65 (-3.16)         The Big Sick (TBSIC) 3000 5.33 (+1.19)         The Founder (FONDR) 100000 11.84 (+3.08)         The Current War (CURNT) 21157 30.71 (+0.79)         John Wick: Chapter Two (WICK2) 10 60.66 (-0.75)         My Life as a Zucchini (MLZUC) 3000 4.16 (+1.38)         John Wick: Chapter Two (WICK2) 10 60.66 (-0.75)         N7: Jackie - Best Picture (N7PJAC) 20000 5.36 (-0.02)         N7: Jackie - Best Picture (N7PJAC) 20000 5.36 (-0.02)         Colossal (COLSL) 1 15.14 (-1.56)         The Founder (FONDR) 100000 11.84 (+3.08)         Cruella (CRULA) 99999 43.70 (-0.85)         Logan (WOLV3) 1 147.60 (+0.79)         Doctor Strange 2 (DRST2) 77 154.37 (+0.08)