HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
answer...
The .OW will delist on the Monday following opening weekend per the market calender. The .OW will cash out at the total box office for the opening weekend. .OW usually are just for Friday to Sunday, however some have been changed due to weekends being on holiday's. You will find that out in the description of the warrant. The call/put will cash out based on the total box office that the call is for. Calls and shorts IPO at $2/share. Take the calls for this weekend for example. The heat has a call for $40 which would mean the movie needs to make at least $40M in the opening weekend in order for you to just get $0 for the stock. If the heat makes $45M in the opening weekend the stock will cash out at $5/share. The put is the same way except you are expecting the movie not to make the box office of 40M. Hope this helps.
answer... Jun 25, 14:09
Calls and Puts have always been a way for the smaller investor to "get in on the action" They only cost 20K each to buy Jun 25, 16:06
Uh - got that wrong - 20,000 Shares @ 2.00 = 40,000. for each CALL & PUT. {nm} Jun 25, 17:34
Your explanation made alot of sense, thank you very much. :) {nm} Jun 27, 16:05