HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
There are 4 securites affected by the opening weekend of a movie - the regular movie stock, the .OW, the Call and the Put ...
The Calls and Puts are based on how much over or under the strike price listed vs the actual Weekend reported box office on Monday.
The .OW derivative delists at the actual weekend box office reported on Monday.
These 3 halt on 10am pacific time on Friday and any money you made (or loss) is added or subtracted from your account on Monday evening.
The regular stock is not halted until Saturday evening at 6pm pacific time. On Sunday, the estimated boxoffice is multiplied by the amount listed (usually 2.7) and the stock is adjusted and unhalted, however the stock price does not movie until reset (midinight pacific time)
I don't completely understand Opening Weekend Jun 26, 10:24
Look at 2nd post down. It explains them. {nm} Jun 26, 11:00
Each derivate page has the explanation as to how it works... {nm} Jun 26, 12:12
I don't understand either explanation the 2nd post down or the derivative page. Jun 26, 14:30
In your example, the OW would cash out at $77... Jun 26, 17:31
I'm referring to the "Opening Weekend" not the "Call or Put". {nm} Jun 27, 08:21
There are 4 securites affected by the opening weekend of a movie - the regular movie stock, the .OW, the Call and the Put ... Jun 27, 11:35
oops posted too soon - more inside Jun 27, 11:45
I think i understand now. So, the OW is just a bigger risk or reward based on weekend box office? Jun 27, 15:52
