ANNOUNCEMENT: Sign-In with Facebook is currently unavailable. Please use your HSX username to login. Sorry about the inconvenience.

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).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

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

Quick HelpGlossary »

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 Nest (TNEST) 100000 37.68 (+0.10)         Sandman (SANDM) 94428 41.59 (+2.44)         A Bigger Splash (ABIGS) 100000 8.82 (+0.44)         A Bigger Splash (ABIGS) 100000 8.82 (+0.44)         Jurassic World (JURA4) 99999 162.89 (+0.37)         The BFG (TBFG) 100000 56.93 (+2.31)         The BFG (TBFG) 100000 56.93 (+2.31)         Vacation Friends (VACFR) 99999 20.49 (+0.49)         The Invitation (INVIT) 100000 5.43 (-0.57)         Las Madres (MADRE) 99999 19.02 (+1.65)         Scarface (SCARF) 100000 23.02 (+0.88)         The Tale Of Princess Kaguya (TTOPK) 100000 4.20 (+0.22)         A Bigger Splash (ABIGS) 100000 8.82 (+0.44)         Teenage Mutant Ninja Turtles (TMNT1) 43231 91.15 (-0.25)         Las Madres (MADRE) 100000 19.02 (+1.65)         Jordana Brewster (JBREW) 20000 102.55 (-0.57)         Calvary (CLVRY) 100000 1.73 (+0.36)         American Heist (AMHST) 100000 7.83 (-0.17)         The Croods 2 (CROD2) 1114 62.24 (-0.13)         Hayden Christensen (HCHRI) 20000 22.73 (-0.08)         Vacation Friends (VACFR) 100000 20.49 (+0.49)         American Heist (AMHST) 100000 7.83 (-0.17)         Teenage Mutant Ninja Turtles - O (TMNT1.OW) 16022 38.95 (+0.31)         Vacation Friends (VACFR) 100000 20.49 (+0.49)         Vacation Friends (VACFR) 100000 20.49 (+0.49)         Game Brain (GAMEB) 33333 23.40 (-2.39)         Testament of Youth (TSTYU) 100000 2.36 (+0.04)         Sandman (SANDM) 99999 41.59 (+2.44)         Testament of Youth (TSTYU) 100000 2.36 (+0.04)         Crouching Tiger, Hidden Dragon I (CTHD2) 100000 10.46 (+0.61)         The BFG (TBFG) 100000 56.93 (+2.31)         Pixels (PIXEL) 9027 63.32 (-0.07)         Mumbai Musical aka Bollywood Su (MMBAI) 100000 30.72 (-0.54)         Guardians of the Galaxy - Openin (GOTGX.OW) 99999 79.62 (-0.81)         Vacation Friends (VACFR) 99990 20.49 (+0.49)         Vacation Friends (VACFR) 99999 20.49 (+0.49)         Zoolander 2 (ZOOL2) 99999 11.50 (-0.07)         The SpongeBob Movie 2: Sponge Ou (SPBO2) 72166 46.21 (+2.16)         Six Billion Dollar Man (6MILL) 50000 3.00 (-0.02)         Step Up: All In (STUP5) 20 24.72 (+0.15)         Get On Up (GSOUL) 100000 39.33 (+0.25)         XXX: The Return of Xander Cage (XXX3) 100000 26.83 (-0.64)         Guardians of the Galaxy (GOTGX) 100000 198.09 (+2.40)         Get On Up (GSOUL) 100000 39.33 (+0.25)         Get On Up (GSOUL) 100000 39.33 (+0.25)         Into the Woods (INTWD) 50000 91.20 (-0.24)         Straight Outta Compton (SOCMP) 100000 31.92 (-0.15)         Demonic (HOHOR) 100000 19.50 (-0.44)         Get On Up - Opening Weekend (GSOUL.OW) 100000 14.23 (+0.14)         Demonic (HOHOR) 100000 19.50 (-0.44)