HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Using the Example of the 'Transcendence' OW (TRNSC.OW) ...... <INSIDE>.
(TRNSC.OW) IPO at 30.00, currently Priced at 26.12. If you had Bought the OW at 30.00, you would currently be in a LOSS Position. If you had Shorted the OW at 30.00, you would currently be in a PROFIT Position.
If the Actual Opening Weekend (OW) Box Office FRI-MON is 34.5 Million, you would make a Nice PROFIT if you had Bought the OW at 30.00. Conversly, you would incur a LOSS if you had Shorted the OW at 30.00 and the Actual Opening Weekend Box Office was 34.5 Million.
If the Actual Opening Weekend (OW) Box Office FRI-MON is 23.8 Million, you would make a Nice PROFIT if you had Shorted the OW at 30.00. Conversly, you would incur a LOSS if you had Bought the OW at 30.00 and the Actual Opening Weekend Box Office was 23.8 Million.
Essentially you are Betting OVER / UNDER on the OW, much akin to Betting OVER / UNDER on an NFL / NBA / NHL Game.
Have fun.
Help!! Can someone explain how the OW dirivitive works? {nm} Apr 15, 19:33
Using the Example of the 'Transcendence' OW (TRNSC.OW) ...... <INSIDE>. Apr 15, 20:56