HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
No, I'm talking about pre-opening weekend...
For instance, RECAL vs RECAL.OW. Shouldn't RECAL end up exactly 2.7 times RECAL.OW following the adjust for opening weekend? Recently, RECAL was trading at more than 3 times RECAL.OW so I shorted RECAL and bought RECAL.OW to wait for RECAL to converge to 2.7RECAL.OW. But I haven't payed close attention to the adjusts in the past so am not sure if they adjust exactly as I think they do.
Any reason not to spread trade the movie with the OW? Jul 31, 17:00
sorry if I misunderstood the question, but here goes... Jul 31, 17:19
No, I'm talking about pre-opening weekend... Aug 01, 09:34
you are onto something... just keep in mind that stock will have 2.7 multiplier vs. 1 for the .ow, so for a pure arb Aug 01, 10:09
Sometimes we are wrong Jul 31, 21:12
Hey...slow THIS port down a little, so I can pass you! Aug 01, 07:16
Because time slows down when you're traveling that fast. Einstein proved that. {nm} Aug 01, 13:17
Actually Einstein postulated time dilation, and left it for others to prove it. {nm} Aug 01, 21:12
You mean like this week's excessive exuberant trading of the stock versus OW for the "big" opener? Aug 01, 07:47
I agree.. Aug 01, 14:11