HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | SOPPU |
| Status: | Inactive |
| Delist Date: | Jun 1, 2004 |
MovieStock: Soul Plane
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.
Put
A put option is the opposite of a call option. A put speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A $20 put has a strike price of $20, and will cash out at zero if the movie makes more than $20 million or more during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).
Soul Plane H$15 (Fri-Mon) Put (SOPPU)
H$7.99 June 1, 2004
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0
| This Week | H$4.73 | H$4.08 |
| This Month | H$5.38 | H$2.00 |
| This Season | H$5.38 | H$2.00 |
| This Year | H$5.38 | H$2.00 |
What is a: Derivative, Status, Change Today