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.

Dolphin Tale 2 (DLPH2) 100000 46.01 (+0.39)         Captain Underpants (CUNDP) 50000 39.03 (0.00)         Dolphin Tale 2 (DLPH2) 100000 46.01 (+0.39)         Captain Underpants (CUNDP) 50000 39.03 (0.00)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         Glassland (GLASL) 100000 2.74 (-0.04)         20,000 Leagues Under the Sea (20LUS) 100000 6.16 (+0.47)         The Bourne 5 (BORN5) 100000 76.27 (+0.83)         The Familiars (FAMIL) 100000 5.82 (-0.04)         Top Gun 2 (TOPG2) 15503 28.02 (+0.02)         The Flamethrowers (FLMTH) 100000 9.97 (-0.03)         Scanners (SCNRS) 99999 0.03 (+0.02)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         Short Circuit (SHCIR) 99999 0.02 (+0.01)         Maggie's Plan (MAGPL) 100000 2.39 (-0.03)         The Chronicles of Narnia: The Si (NARN4) 100000 22.55 (-0.77)         Shaun the Sheep (SHEEP) 1000 15.46 (0.00)         The Flamethrowers (FLMTH) 100000 9.97 (-0.03)         Ex Machina (EXMCH) 25000 3.93 (0.00)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         The Flamethrowers (FLMTH) 100000 9.97 (-0.03)         The Girl Who Played With Fire (TGRL2) 100000 12.13 (+0.49)         Dolphin Tale 2 (DLPH2) 100000 46.01 (+0.39)         The Great Wall (GRTWL) 100000 4.27 (-0.20)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         No Good Deed (NOGDD) 100000 63.32 (+0.57)         The Great Wall (GRTWL) 100000 4.27 (-0.20)         The Keeping Room (KPNRM) 100000 2.10 (-0.04)         The Flamethrowers (FLMTH) 100000 9.97 (-0.03)         The Chronicles of Narnia: The Si (NARN4) 100000 22.55 (-0.77)         The Green Inferno (GRNFR) 100000 10.13 (+0.37)         A Walk Among the Tombstones H$20 (WKTMB.CA) 10000 1.63 (+0.01)         The Green Inferno (GRNFR) 100000 10.13 (+0.37)         Addicted (ADCTD) 100000 21.20 (+0.86)         Vacation (VACTN) 100000 35.06 (-0.39)         The Connection aka La French (LFRNC) 100000 1.52 (-0.06)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         The Connection aka La French (LFRNC) 100000 1.52 (-0.06)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         The Girl Who Played With Fire (TGRL2) 100000 12.13 (+0.49)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         Yoga Hosers (YOGAH) 100000 18.21 (+0.21)         Mr. Turner (TURNR) 100000 2.07 (-0.04)         20,000 Leagues Under the Sea (20LUS) 100000 6.16 (+0.47)         Adventures of Tintin 2 (TINT2) 3000 12.64 (0.00)         By the Sea (BYSEA) 50000 27.38 (-0.80)         The Bourne 5 (BORN5) 100000 76.27 (+0.83)         No Good Deed (NOGDD) 100000 63.32 (+0.57)         The Flamethrowers (FLMTH) 100000 9.97 (-0.03)         The Girl Who Played With Fire (TGRL2) 90000 12.13 (+0.49)