Planet 51 H$20 Call
| Symbol: | P51CA |
| Status: | Inactive |
| Delist Date: | Nov 23, 2009 |
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.
Call
A call option speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A $20 call has a strike price of $20, and will delist at zero if the movie does not make $20 million or more during opening weekend. If the film makes more than $20 million it will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). For Example if the film made $25 million the call would cash out at H$5.00 (H$25 - H$20).
Related Posts
Forum DiscussionsMore »
-
No one's posted anything about this Derivative yet.
Post something, now!
Planet 51 H$20 Call (P51CA)
H$0.00 November 23, 2009
Delist DateDelist Price
High and Low Trading Prices
| This Week | H$3.17 | H$1.61 |
| This Month | H$3.17 | H$1.61 |
| This Season | H$3.17 | H$1.61 |
| This Year | H$3.17 | H$1.61 |
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.