Michael Jackson's This Is It H$35 (Fri-Sun) Put
Symbol:TIIPU
Status:Inactive
Delist Date:Nov 2, 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.
Put
A put option 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 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).
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Michael Jackson's This Is It H$3 (TIIPU)
H$11.77 November 2, 2009
Delist DateDelist Price
High and Low Trading Prices
| This Week | H$1.48 | H$1.09 |
| This Month | H$2.00 | H$1.09 |
| This Season | H$2.00 | H$1.09 |
| This Year | H$2.00 | H$1.09 |
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