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

The Amazing Spider-Man $250M Blockbuster Warrant

Symbol:SPID4.BW
Status:Inactive
Delist Date:Sep 24, 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 »

The Amazing Spider-Man $250M Blo (SPID4.BW)

H$11.47 September 24, 2012

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 279,905

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$10.88 H$10.47
This Month H$12.06 H$10.24
This Season H$12.98 H$5.00
This Year H$12.98 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.

Wonder Woman (WONDR) 17111 83.23 (+2.29)         Into the Woods (INTWD) 1 103.37 (-1.00)         Uptown Saturday Night (USATN) 100000 11.01 (-2.86)         NBC: Constantine (CONSTN) 20000 14.79 (+0.33)         Underworld: Next Generation (UNDW5) 32631 29.80 (+1.16)         FOX: Gotham (GOTHAM) 20000 21.39 (-0.43)         The Purge 3 (PURG3) 100000 40.00 (0.00)         The Good Dinosaur (DINOS) 99999 90.50 (+4.53)         The Last Witch Hunter (TLWH) 54574 25.28 (+0.56)         Dave Bautista (DBAUT) 20000 100.29 (-0.58)         The Big Short (BIGSH) 66886 26.10 (+8.43)         Rambo V (RAMB5) 100000 8.81 (-0.93)         Underworld: Next Generation (UNDW5) 39623 29.80 (+1.16)         Venom (VENM1) 50000 28.59 (+0.45)         The Dressmaker (DRSMK) 10100 6.74 (-0.14)         The Unknown Soldier (UNSOL) 99993 0.20 (-0.04)         Underworld: Next Generation (UNDW5) 39524 29.80 (+1.16)         Pirates of the Caribbean 5 (PIRT5) 59589 96.75 (+1.10)         The Purge 3 (PURG3) 100000 40.00 (0.00)         Clavius (CLAVU) 100000 6.25 (-0.16)         Old Fashioned (OLDFA) 100000 3.22 (-0.13)         James Bond 24 (JB24) 50000 174.89 (-0.05)         The Last of Us (TLOUS) 100000 26.24 (-0.61)         Nick Fury: Agent of S.H.I.E.L.D. (NFURY) 50000 9.47 (+0.04)         National Treasure 3 (NATR3) 50000 16.09 (-0.03)         Mission: Impossible 5 (MISS5) 44407 136.62 (+0.65)         The Hobbit: The Battle of the Fi (HOBT3) 2500 234.32 (-0.92)         The Big Short (BIGSH) 100000 26.10 (+8.43)         Underworld: Next Generation (UNDW5) 39964 29.80 (+1.16)         The Big Short (BIGSH) 100000 26.10 (+8.43)         Independence Day 3D (ID3D) 97204 0.07 (+0.05)         The Flamethrowers (FLMTH) 10020 8.37 (-0.10)         Rambo V (RAMB5) 50000 8.81 (-0.93)         Rambo V (RAMB5) 49996 8.81 (-0.93)         Rambo V (RAMB5) 50000 8.81 (-0.93)         Monsterpocalypse (MCLPS) 50000 1.97 (+1.96)         Rambo V (RAMB5) 49996 8.81 (-0.93)         The Hunger Games: Mockingjay Par (HGAM4) 98500 341.06 (+1.00)         The Magnificent Seven (MAGN7) 5000 29.20 (+4.94)         Pacific Rim 2 (PACR2) 50000 41.35 (-0.68)         Pacific Rim 2 (PACR2) 49996 41.35 (-0.68)         The Purge 3 (PURG3) 5000 40.00 (0.00)         Ghostbusters (GHST3) 35000 45.95 (-0.07)         Underworld: Next Generation (UNDW5) 40483 29.80 (+1.16)         Birdman (BIRDM) 100000 26.82 (-0.30)         The Flash (FLASH) 30000 55.56 (-0.11)         Monsterpocalypse (MCLPS) 50000 1.97 (+1.96)         Birdman (BIRDM) 100000 26.82 (-0.30)         Monsterpocalypse (MCLPS) 49996 1.97 (+1.96)         Monsterpocalypse (MCLPS) 50000 1.97 (+1.96)