HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
There is an explanation about them in each security page
Call
A call option speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A $20 call has a strike price of $20, and will delist at zero if the movie does not make $20 million or more during opening weekend. If the film makes more than $20 million it will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). For Example: if the film made $25 million the call would cash out at H$5.00 (H$25 - H$20).
Opening Weekend Warrant
The price of an Opening Weekend Warrant is based on the weekend box office of the related MovieStock. Opening weekend is the first Friday to Sunday of wide release, unless otherwise defined. The warrant will halt trading at 10 am Pacific on release date and cash out based on the actual box office.
Hope that helps...
Stupid Question Alert... Dec 07, 09:47
There is an explanation about them in each security page Dec 07, 09:56
Thank you! {nm} Dec 07, 17:25
