HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Definition of a put from any put derivative on HSX
A put option speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A H$20 put has a strike price of $20M, and will cash out at zero if the movie makes more than $20 million during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example: if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).
Mad Max: Fury Road May 07, 10:51
If it feels good do it! May 07, 11:17
Correction: short the PUT option. I really wish we could delete a post when there is a typo. {nm} May 08, 07:12
If you're betting on Max winning, I'd short the call option. {nm} May 08, 07:10
*short the PUT option. {nm} May 08, 07:13
wasn't AVNG2 a reminder why not to short a PU.. best case you earn 40k, worst case you lose 10x that {nm} May 08, 08:22
Definition of a put from any put derivative on HSX May 08, 08:27
but avng2.pu cashed out at $23, if you shorted then you lost ~$20/share {nm} May 08, 09:25
Correct. The most you can lose on a long is purchase + commission. Your ability to lose money on shorts is infinite. {nm} May 08, 10:31
Well yes cause the PUT price got so high and then cashed out at zero.. {nm} May 08, 11:12
oops sorry got it backwards.. {nm} May 08, 11:13
The put cashed out at $23.73, the call cashed out at zero...I think you are confusing the two {nm} May 08, 11:14
yeah I got it backwards. LOL {nm} May 08, 11:16
could have worked the other way around if you had shorted the call and the price was at 23 {nm} May 08, 11:14
and avengers made their strike. {nm} May 08, 11:14
